Personal Loan For Shopping

Are you looking for funds for purchasing something big without draining your savings? Maybe there is a wedding coming up, and your budget is already stretched, or you want to buy some furniture for your new home. A personal loan for shopping is here to help you, no matter what the reasons are for your shopping. You do not have to juggle multiple credit cards or ask somebody to help you out. With only one easy step, you can get cash with this loan. It will help you get what you want by keeping your budget intact.

short-term-loan

Type of Loans

We provide a wide range of loan services with flexible repayment options, fast approval processes, and reliable financial support to help you manage personal, emergency, and short-term financial needs with confidence.

why us

Why Choose ECS Credit for a Personal Loan

Choose us to ensure trust, transparency and fast lending services because we offer short-term personal loans with various distinct features.

Loan Starting From ₹5000

A lower amount is also approved for multiple financial requirements.

Minimal Documetation

No physical or hard copy of documents is required while applying for a loan.

Fast, secure, and transparent

The approval with instant disbursal lets you have instant cash.

Fast Disbursal

After the approval, the disbursal is done immediately

No-Hidden charges

There are no hidden charges apart from the interest and processing fees.

No Pre-Approval Charges

There are no pre-approval charges applied to the loan.

Approved Lower Credit Score

Based on income, a lower credit score is also considered for approval.

Interest & Charges of a Shopping Loan

Here’s a clear breakdown of the typical costs associated with a shopping loan.

Charge Type Typical Range
Interest Rate (APR) 15% – 31%
Processing Fee 2%
Tenure 365 Days
Prepayment Charges No Charges
Bounced Cheque ₹1,000

Actual charges may vary depending on your credit profile, loan amount, and tenure. The final interest rate depends on your credit score and income stability.

Loan Calculator

Adjust the values below to estimate your loan cost instantly.

Loan Amount

50000
₹20,000 ₹2,50,000

Tenure (Days)

30 Days
7 365

Rate of Interest (Daily %)

1%
0.1 5

Processing Fees (%)

10%
1 20
  • Interest Amount 0
  • Processing Fees 0
  • Total Repayment 0
  • APR 0%
Apply For Loan

Features & Benefits of a Shopping Loan

A shopping loan gives you the flexibility to purchase what you want without financial stress.

  • Quick approval: Loans are processed fast, often within 24 hours.
  • Minimal paperwork: Only basic documents like ID, address, and income proof are required.
  • Flexible loan amount: Choose the amount based on your shopping needs.
  • No collateral required: This is an unsecured loan with no asset risk.
  • Competitive interest rate: Lower rates compared to most credit cards.
  • Fully digital process: Apply and upload documents completely online.

Eligibility Criteria

To apply for a shopping loan, applicants must meet the following requirements.

  • Age: Applicant must be between 21 and 60 years.
  • Income: Minimum monthly income of ₹40,000.
  • Nationality: Indian resident with valid address proof.
  • Documents: Aadhaar Card, PAN Card, Voter ID, salary slips, and bank statements.
  • Credit Score: A score of 650 or above increases approval chances.

How to Apply for a Personal Loan for Shopping

Follow these simple steps to apply for a personal loan for shopping quickly and hassle-free.

01

Visit the Website

Go to the ECS Credit website to start your shopping loan application.

02

Fill in Your Details

Enter personal and financial details such as name, email, phone number, loan amount, and city.

03

Upload Documents

Upload basic documents including ID proof, address proof, and income statements.

04

Choose Loan Options

Select your preferred loan amount and repayment duration based on your needs.

05

Submit & Verification

Submit the form and wait while your profile goes through a quick credit verification.

06

Receive Funds

Once approved, the loan amount is credited to your bank account within 24 hours.

our presence

Personal Loan Services Across Multiple Cities

We offer fast and reliable loan services across major cities in India.

Mumbai
Hyderabad
Gurugram
Greater Noida
Ghaziabad
Delhi
Chennai
Pune
Bangalore

FAQs

Frequently asked questions

Explore our Frequently Asked Questions for quick answers on policies, claims, and coverage, helping you make informed insurance decisions.

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In the new era of technology we look in the future with certainly and pride, that's why so.

A shopping loan is to help you buy any products without losing your savings. You can purchase anything from this loan, like an electronic appliance, luxury items, or gift items for your family and friends.

To apply for a loan for shopping, visit the ECS credit website and then click on apply now button. After accurately filling out the form, wait for approval.

Documents that are needed for the application are basic, such as the Aadhaar card, PAN card, voter ID card, salary proofs, and employment letter. Bank statements are also required for self-employed people.

Once your application is approved, the funds are usually disbursed to your bank account within a few hours to 24 hours.

No, loans for shopping are unsecured. You do not need to provide any security or guarantor.