If you show your grandmother the workings of the Amazon shopping app, she will surely be intrigued and amazed as to how easily you can order a walking stick for her or anything that she may need. During her ‘zamane mein’, shopping was all about going to the physical shop and buying whatever was needed. With internet taking over, shopping has upgraded itself from the brick and mortar store to its online avatar.
Yesterday, we covered the preferences some of us still have for offline shopping, today we will look at the benefits of online shopping which have become quintessential for every salaried individual nowadays. Its effects are such that every smartphone will surely be installed with an online shopping application. With a tap, you are taken into this virtual store where vibrant banners greet you, either informing you of new offers or a top-selling product. You get a virtual cart which holds all the products you shortlist. You can also prepare a wish list of products you don’t need now could do with in the future. You can see a whole lot of categories which further break down into individual products. You can zoom into the product pictures, pay via multiple options and get the product at your doorstep. What if we tell you that you can now avail a shopping loan to shop online?
Shopping Loan in India
What if we tell you that the same convenience of ordering your designer clothes online is now available in applying for a shopping loan online; all you need is your Aadhaar, PAN, and latest 6 months bank statement. What you need to understand is that a shopping loan is a credit instrument that is different compared to a credit card loan or borrowing from a friend. We, at Loan Singh, want you to upgrade your aspirations and your lifestyle. Isn’t it better to have the funds first and then go shopping around, instead of burning your credit card limit?
There is no harm in upgrading your gadgetry or wardrobe. You are salaried and need to look your best. A whole new range of smartphones is being released with awesome features each year. World famous designers have their designs being sold online in India. Summer wear, rains wear and spring collections are now being made affordable and easy. So, why not join the winds of change. Loan Singh’s finance blog tells you about everything related to unsecured loans in India. If you are earning enough then there is nothing to worry about when applying for a shopping loan or a consumer durable loan. Shopping loan is a financial opportunity that is not offered to everyone. Being salaried for at least 6 months and no credit blemishes, are the traits of someone who can avail a shopping loan in India.
Shopping Loan Benefits in India
Loan Singh’s hassle-free process and quick approval shopping loans are perfect for salaried individuals like you who are too busy to even take rest. The attractive EMIs and interest rates at Loan Singh make shopping loans affordable to repay back. Add luxury to your mundane lives without putting too much strain on your finances. Your dreams are our dreams. We help turn your dreams into reality. Brand new appliances and electronic products are also needed in case you are relocating due to your job. The job relocation personal loan at Loan Singh helps cover exactly this.
Loan Singh’s easy EMI calculator can help you understand how much you need to pay in order to clear your consumer durable loan. The calculator only needs your intending loan amount and tenure for telling you how much you need to pay each month. The consumer durable loan can be availed between Rs. 50,000 and Rs. 5 Lakhs.
Another huge benefit you have with a Loan Singh shopping loan is that you have the freedom to choose where you want to spend your loan amount. You can apply for a shopping loan and utilize the cash to spend on Amazon, some on Flipkart or some on Snapdeal. The same can also be used to spend on brick and mortar stores such as BigBazaar, Shopper’s Stop, Marcs & Spencers or Pantaloons. Unlike so many e-commerce websites that let you gain discounts for possessing a debit card or points of a particular finance provider, Loan Singh’s personal loan can be utilized to be spent on the outlet or website you want and for the products you want.
5 Benefits of Online Shopping
With the number of benefits far outweighing that of offline/retail shopping, we look at the common benefits and won’t get into all the benefits.
With better prices and cheaper deals, online shopping is perfect for those who want the best products for the best pricing. The prices are cheaper thanks to it being sold over to you directly by the manufacturer or seller. No middlemen and overheads such as store rent and attendant salaries to worry about. This also is the reason you get discounts more often on ecommerce websites.
As online shopping offers such good pricing, it automatically sucks in customers who are only concerned about the pricing. That is why online store owners reduce their profit margin at times to gain more customers. There are also marketplaces that make it easier to find unused or second-hand products which are still quite good but also affordable.
Another perk of online shopping is the convenience. Whether it is on your bed at night in your pajamas or while watching a movie at a multiplex (we don’t recommend this), you can easily navigate through the ecommerce website at any time. There are no queues for billing, no annoying shopping assistants watching you like ‘Vikram’s Betaal’, no parking headaches, no festival crowds, and no worries of forgetting your wallet at home. You can shop online 24×7 and save on fuel as well, thereby saving the environment (of course we are worried about planet Earth) 😉
In case, you work during irregular hours and find it hard to visit shops that are open during the day, you can easily find the products online. You also can search among different websites within minutes, just close one app/website and open the other. In reality, you will need to walk or drive from one store to another to find what you need. In case the online store is present in your own state, there is no tax charged as well.
Physical retail stores don’t usually update their catalog frequently. They want the best products to be sold immediately and hence do so based on how their related stores are doing. The physical stores also can only hold a set limit of products. With online shopping, the products are split among various centers and are packed off once the order comes in. They save so much on logistics that way. And, if there are some items which are not available in the physical store at all, you will almost surely find them online.
You can choose from a number of products and brands between multiple sellers. You can shop for the latest international trends without spending anything on airfare. From your house, you can shop on any ecommerce website in the world, and even pay via currency conversion.
- Compare and Related
On ecommerce websites, you can easily compare products either within the same catalog or on different websites. You can also read reviews, testimonials and view product ratings. This helps you make a better decision. Related products are displayed as per your choices so that you buy the other products as well as part of a combo offer or added sale.
- Non Compulsive
Many a time when you are out shopping, there are products you buy out of a compulsive behavior. There are many reasons for that, weak willpower, habitual shopper, store managers convincing you easily or you are just bored shopping with your wife. Many a times we pick up things just for the sake of it, simply because we have run out of ideas.
Physical stores and especially malls are designed in a way to confuse you. It’s called the Gruen Transfer. Ever noticed how time flies when inside a mall (Well, you learned something new today then). Huge billboards, posters, discount announcements, the keyword ‘FREE’ followed by ‘Conditions Apply’ banners and famous celebrity posters are placed at strategic locations at a mall. The best products are always kept at the back of the aisles because you are expected to pick the secondary products first, and by the time you reach the end, you might not need the best ones.
Loan Singh is a digital lending platform that prides in providing an unsecured online loan to salaried individuals. You can apply for instant funds with instant approval. An easy emergency loan can be availed in the form of a personal loan, which is not a bank loan. You receive a low personal loan interest rate. This instant loan, which is basically a quick loan, can be paid via easy EMI and can be availed for a number of loan purposes such as:
- Home improvement loan/Home renovation loan
- House repair loan
- Marriage loan/ Wedding loan
- Medical loan
- Second-hand car loan
- Second-hand bike loan
- Second-hand vehicle loan
- Consumer durable loan
- Vacation loan
- Shopping loan
- iPhone loan
- Debt consolidation loan
- Credit card refinancing loan
- Job relocation loan
- Travel loan
- Festival loan
- Shopping loan
You can calculate your easy emi using our personal loan emi calculator. We accept bank statement, PAN, and Aadhaar for instant loan pre-approval. A bad credit score or credit report errors can lead to personal loan rejection. Personal loan defaulter consequences can also ruin your credit score. Improve your credit rating by avoiding emi repayment default. The ‘Loan Singh Blog’ is one of the best finance blogs in India.
Loan Singh’s Online Presence
Loan Singh is not an anonymous digital platform. We are present on almost all leading social media platforms. All you need to do is look for us. Some destinations you can find us on are:
- Loan Singh on Facebook
- Loan Singh on Twitter
- Loan Singh on Youtube
- Loan Singh Pinterest
- Loan Singh on Instagram
- Loan Singh Blogarama
- Loan Singh Google Review
- Loan Singh Medium Blog
- Loan Singh Reddit Blog
- Loan Singh Tumblr Blog
- Loan Singh Scoop It Blog
- Loan Singh Storify Blog
- Loan Singh Digg Blog
- Loan Singh Blogger
- Loan Singh Lymelight
- Loan Singh Justdial