? Core Features & Mechanics

- Funding Amount: Typically ranges from ₹5,000 up to ₹5 or ₹15 Lakhs depending on the lender.
- Financing Cover: Up to 100% of the product's purchase price.
- Unsecured, meaning zero security deposit or guarantor is generally required.
- Tenure: Short-term repayment stretching between 3 to 36 months.
- Cost Structure: Interest rates usually range from 12% to 22% p.a., though popular "No-Cost EMI" promotional schemes effectively waive interest costs. [1]
- Fees: Nominal processing fees of 1% to 3% of the loan amount.

? Eligibility & Documentation

- Age Limit: Generally between 20 to 40 years old.
- Credit Score: A CIBIL score of 750+ ensures instant approvals, though some providers accept lower scores or current-to-credit profiles.
- Income Stability: Salaried or self-employed with a steady monthly income (often minimum ₹18,645, hough lower limits exist for specific local banks).
- Documents: Basic KYC including PAN Card, Aadhaar, and bank account/nach mandate details.

📌 Consumer Durable Loan- Sales Officer (New Delhi)
🏢 HDB Financial Services
📍 New Delhi