The latest laptop with excellent graphics and fast speed is a necessity for many. A modern, updated, high-end laptop helps complete tasks quickly, whether for personal or professional use. However, purchasing a high-speed laptop with the latest processor costs a lot. For instance, a decent HP laptop with AMD Ryzen 3 processor, AMD Radeon Graphics, and 8 GB RAM 512 GB SSD costs around Rs. 45,000. A gaming HP laptop with 11th Generation Intel® Core™ i7 processor and 1TB SSD costs around Rs. 1,20,000.

So, how is it possible to purchase a good laptop on a limited budget? Well, the answer is to buy it on EMIs. By opting to buy a laptop on EMIs, a buyer places the order with a small down payment and pays the remaining cost in equated monthly instalments. Don’t have a credit card either? Now it’s easy to buy HP laptops on EMI using a debit card. Let us see how it works.

Reasons to Purchase Laptops on EMIs

Considering the high prices of high-end HP laptops, buyers put off their purchases until they save the needed money. Alternatively, some prospective buyers spend their emergency money to buy the laptop they desire. Compared to both these options, there are several reasons one must consider purchasing a laptop in instalments.

No Need to Empty Savings: Purchasing a laptop in instalments saves the buyers from shelling out a considerable sum from their emergency funds. Instead, they can purchase their favourite laptop right away and pay its price in manageable EMIs.

Flexible Repayment: The buyer can select a repayment tenor convenient for them. The longer the tenor they choose, the lower is their EMIs. Smaller EMIs are easily manageable without making big compromises in the current lifestyle.

Buy at the Right Time: While looking for a laptop, buyers no longer need to hold their purchase until they save money for it. Since there is no need to pay the price upfront, they can keep an eye on seasonal offers and deals and avail them on time to purchase at a discounted rate.

Purchase a Costlier Laptop: There is no limit to the cost of a laptop one may purchase on EMIs, as long as they can afford the EMIs each month. So, a person looking for a laptop can opt for a costlier model with better looks and features.

No-Cost EMI Option: No-cost EMI option is the best draw for purchasing HP laptops on EMI. Unlike credit cards and consumer durable loans, the buyer does not need to pay any interest charges. Therefore, they may pay the laptop’s total cost in installments without paying anything extra.

How to Buy a Laptop on EMI without Credit Card?

People often use their credit cards to purchase things on EMIs. However, those who do not have a credit card or do not want to use one can use their debit card to buy a laptop on EMIs. When buyers place the order by making a small down payment, their financier pays the remaining amount. The buyer repays the amount to the financier in easy EMIs across a flexible repayment tenor.

With an increasing number of students studying and people working from home online, purchasing a decent HP laptop makes their work easier. By purchasing HP laptops on EMI, an individual can finally get the laptop they want without paying upfront. Use this guide to buy a laptop on EMIs using a debit card.