Top offers for Washing Machine Loans

LoanTap offers customised personal loans that are suitable to buy a washing machine on EMI.

EMI-free

EMI Free

Interest only payment every month (40% lower monthly installment versus regular EMI) coupled with Bullet Payment every 3/6 months towards Principal. Ideal when: You receive additional income or an incentive every 3-6 months
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EMI-free

Step Up

Interest only Payment for 3 months followed by fixed EMI. Gives you space to manage expenses post an event. Ideal when: Heavy expenditure is involved in a particular event such as Wedding or a Medical Emergency.
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EMI-free

Term Loan

Repayment done via Fixed Equated Monthly Installments, where EMI=Principal + Interest. Each Installment reduces both interest and Principal amount. Ideal when: You know the precise Loan Amount needed and your income is consistent.
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Why Choose LoanTap’s Personal Loan for Washing Machines?

No more running away from doing laundry as you can get your own Washing machine Today! LoanTap brings you a wide range of customised personal loan offers for purchasing a washing machine on easy payouts. You can now choose the best washing machines with top of the line features from brands like Samsung, Bosch and LG without worrying about the costs. With the washing machine of your choice, it's a Happy laundry day, everyday!

Instant approval & disbursal

Instant approval & disbursal

Easy online process for loan sanction and fast disbursal within 24-36 hours
Flexible Repayment Option

Flexible Repayment Option

Flexibility to switch to EMI free loan, enhancement and accelerated repayment option after 6 months of disbursal
Higher Loan Amount

Higher Loan Amount

Option to choose from amount ranging from INR 50,000 to INR 10,00,000 basis your requirement
Longer Loan Tenure

Longer Loan Tenure

Flexibility to choose longer loan tenure from 6 months to 60 months making EMIs more affordable
Minimum documents

Minimum documents

We collect only what is basic minimum for all our custom personal loan products
Transparent Process

Transparent Process

No hidden charges, No pre-payment charges and secured processes
Eligibility criteria for availing Washing machine Loan
  • Individuals with a minimum income of INR 30,000 can apply for a Washing machine Loan
  • Indian Citizen/Residents who are 21 years & above
Basic Documents required for availing Washing machine Loan
  • PAN Card
  • Salary Slips (last 3 months)
  • Salary Account Bank Statement (3/6 months)
  • Address Proof

Top Brands for Washing Machines

BOSCH

BOSCH

BOSCH

Bosch is one of the best washing machines with the Express Wash feature and top load or front load options. Washing Machines from Bosch range from INR 20,000 to INR 80,000. Term Loan or Step Up Loan for Washing Machine are best suited to make purchases from the said brand. Some of their top models are Bosch 6kg fully automatic top load, Bosch 7kg fully automatic front load, Bosch 8kg fully automatic front load.

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SAMSUNG

SAMSUNG

SAMSUNG

Samsung has premium quality home appliances that are recognised all over the world. This brand offers the best semi – automatic, front load and top load washing machines ranging from from INR 40,000 to INR 150,000. To top things off, Samsung offers a 10-year manufacturer warranty on the engine. EMI Free loan and Step Up Loan for Washing machine is best suited to buy premium models from Samsung. Samsung 6 Kg Fully automatic front – loading washing machine, Samsung 6.2 Kg Fully Automatic top-load washing machine, Samsung 7.5 Kg Fully Automatic Top – load Washing Machine are some of the most popular purchases amongst Millennials.

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LG

LG

LG

LG offers a quality range of washing Machines ranging from INR 20,000 to INR 60,000. It has an auto restart option and other eye catching features. LoanTap’s Term Loan and Step Up loan for Washing machines is best suited to make purchases from LG. LG’s 6.5 kg 4 – star semi – automatic top loading washing machine, LG 8 kg 5 – star semi-automatic top loading washing machine, LG 6kg 5 – star inverter fully automatic front loading washing machine are some of the most popular purchases amongst Millennials and their families.

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Whirlpool

Whirlpool

Whirlpool

Whirlpool manufactures some of the best semi-automatic washing machines. They also offer an affordable range of washing machines ranging from INR 10,000 to INR 35,000. A Term loan for Washing Machine is best suited for you if you wish to buy these products and pay in easy payouts. Whirlpool 7.2 Kg Semi-Automatic Top-Loading Washing Machine – Ace Supreme Plus, Whirlpool 6 kg Semi-Automatic Top Loading Washing Machine, Whirlpool 7 kg 5 – star Semi-Automatic Top Loading Washing Machine are a few of their top selling models.

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Blogs

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LoanTap offers Personal Loans for amounts of Rs. 25K - 10L for tenures ranging from 3 Months - 5 Years.
We charge a Processing Fee of only 2% (+ taxes). Our interest rates range from 18% to 30% p.a., based on the type of loan, customer profile, and other related factors.

Example:
On a personal loan of Rs. 1 lakh at a rate of 18% per annum, for a tenure of 36 months, the EMI amount will be Rs. 3,615