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Empower your communication with our fast Mobile Loans

  • 2 Minute Loan Approval
  • No Cost EMI
  • Minimal Documentation
  • Zero Down Payment

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.

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.

Loan Approval in 2 minutes

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

No Cost EMI

Pay easy and reasonable EMIs at your convenience.

Minimal Documentation

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

Zero Down Payment

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

First-time Borrowers Eligible

Get finance for your mobile without any credit history with TVS Credit

Charges on Mobile Loans

Schedule of Charges Charges (inclusive of GST)
Processing Fee 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
Cheque bounce charges Rs.500
Duplicate NDC/NOC charge Rs.250

Mobile Loans EMI Calculator

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

₹ 50000 ₹ 7,00,000
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?


Select Product

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


Eligibility & Documents

Check your mobile loan eligibility and submit the required documents.


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.

icon OTP will be sent your mobile number

Frequently Asked Questions

You can apply now to buy a mobile phone on EMI at any empanelled offline store with zero down payment.

Yes, you can select the Loan amount and tenure for your Mobile Loan and repay it as per your convenience.

Sure, you can buy a phone on EMI with attractive features from TVS credit.

With TVS Credit, purchase your new mobile on EMI without credit card. We provide mobile loans at zero down payment and no cost EMI.

Yes, subjected to your updated credit history.

Buying a smartphone with EMI makes life easier and helps manage expenses. Get a Mobile Loan from TVS Credit with no-cost EMI, zero down payment, and more benefits. Learn about the Mobile Loan Features and Benefits.

Yes, get Mobile Loan approved in just 2 minutes with TVS Credit. Apply for TVS Credit Mobile Loan now.

EMI stands for estimated monthly instalments, which are paid every month for the loan amount opted to purchase a mobile.

To apply for a Mobile Loan at TVS Credit, you must be above 21 years of age, have a stable income and have a good credit score. Check out the complete list of eligibility criteria.

You can pay your Mobile Loan monthly, in affordable instalments. Repay your Loan by opting for a convenient tenure ranging from 6 months to 24 months.

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