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What is a Mobile Loan?

Enhance your lifestyle with the latest smartphone and streamline your daily routine. If you’ve already set your sights on your dream phone, there’s no need to wait any longer – acquire it effortlessly and affordably with our Mobile Loan.

Our Mobile Loan comes with minimal documentation and no additional charges, ensuring a hassle-free experience. Experience swift financing solution with our approval process that takes just 2 minutes. Furthermore, you can effectively plan your repayment schedule using our Mobile Loan calculator. Even first-time borrowers with no credit history can access our loans. Elevate your lifestyle by acquiring a brand-new smartphone through our convenient mobile EMI option.

Mobile Phones Online on Zero Down Payment

Key Features and Benefits of Mobile Loans

We ensure you an affordable deal with our wide range of benefits. Check out the prominent offerings and buy your dream mobile on EMI.

Features and Benefits of Consumer Durable Loans - 2 Minute Loan Approval

Loan Approval in 2 minutes

Get super quick approval and enjoy using your latest mobile without any delay.

Features and Benefits of Loan Against Property: No Hidden Charges

No Cost EMI

Pay easy and reasonable EMIs at your convenience.

Minimal Documentation - Multitone Investrade

Minimal Documentation

Experience hassle-free documentation to purchase a mobile on EMI.

Features and Benefits of Consumer Durable Loans - Zero Down Payment

Zero Down Payment

Own the latest mobile without depleting your savings, with our complete financial solution.

Get Loans without any Credit History

First-time Borrowers Eligible

Get finance for your mobile without any credit history with Multitone Investrade

Charges on Mobile Loans

Schedule of Charges Charges (inclusive of GST)
Processing Fees Upto 10%
Penal Charges 36% per annum on unpaid installment
Foreclosure Charges 3% on principal outstanding for all interest-bearing schemes, Nil for non-interest-bearing schemes
Other Charges
Bounce Charges Rs.650
Duplicate NDC/NOC Charges Rs.250

Mobile Loans EMI Calculator

Choose a simple way to streamline your finances and ensure a peaceful life. Use Multitone Investrade’s Mobile Loan calculator to plan your monthly budget. Enter values such as loan amount, tenure and interest rate and get an estimate easily.

₹ 10,000 ₹ 2,10,000
2% 35%
6 Months 60 Months
Monthly Loan EMI
Principal Amount
Total Interest Payable
Total Amount Payable

Disclaimer : These results are for indicative purposes only. Actual results may vary. For exact details, please contact us.

Eligibility Criteria to buy a Mobile on EMI

Before applying for a Mobile Loan, check your eligibility and proceed to buy a mobile on EMI. Check out the eligibility criteria here.

Documents Required for buying Mobile on EMI

Knowing the right documents simplifies the process and makes it faster. Here are the documents required to your Mobile loan:

How to apply for a Mobile Loan?

STEP 01
How to Apply for Consumer Durable Loans - Select the Product

Select Product

Decide the mobile phone which you want to buy and gather all the required information.

STEP 02
How to Apply for Consumer Durable Loans - Eligibility & Documents

Eligibility & Documents

Check your mobile loan eligibility and submit the required documents.

STEP 03
How to Apply for Consumer Durable Loans - Get Approval

Get Approval

Once the proper documentation is done, your loan will be approved instantly.

Are you an existing customer?

Welcome back! Submit the below-mentioned details and check if you are eligible to get a new mobile on EMI.

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