Key Features and Benefits of Mobile Loans

Seamless documentation
Quick Loan Approval
Get your favorite smartphone now with quick mobile loan approval.
More Coverage
No Cost EMI
Repay in budget-friendly EMIs featuring no extra cost without straining your budget.
Fast Loan Processing
Easy Paperwork
With minimal documentation, the entire mobile loan process is streamlined and hassle-free.
No income document scheme
First-time Applicants
No credit history, no worries. Even first-time borrowers are eligible for a mobile phone loan.

How to apply for a Mobile Loan?

Swift, Simple & Secure
1
Select Product
Decide the mobile phone which you want to buy and gather all the required information.
Select Your Vehicle
Select Product
2
Eligibility & Documents
Check your mobile loan eligibility and submit the required documents.
Get Approval
Eligibility & Documents
3
Get Approval*
Once the proper documentation is done, your loan will be approved instantly.
Get your Loan Sanctioned
Get Approval

Fill up the form below for a quick loan Enquiry!

Charges On Mobile Loans

Schedule of Charges Charges (inclusive of GST)
Processing Fees Up to 11.8%
Penal Charges (excluding GST) 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
Bounce Charges Rs.650

For a complete list of charges, please Click Here

Eligibility Criteria For Mobile Phone Loan

Here’s all you need to know about your eligibility for a mobile loan.

Eligibility Criteria
Nationality
Nationality
Indian
Age
Age
18 - 65 years*
Employment Stabilty
Employment
Salaried/Self-employed
Document required
KYC Documents
KYC Documents
Copy of Voter's ID / Driving Licence / Aadhaar Card / PAN Card / Passport
Address Proof
Address Proof
Copy of Ration Card / Passport / Electricity Bill

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Disclaimer
The Website is only providing services by providing indepth & well-researched information on various vehicles and implements to the Users. If you express your interest in any of the vehicles or implements whose information is provided on the Website, Your details shall be shared as a sales lead for TVS Credit. The Website neither facilitate, in any manner, the purchase and sale of any vehicle or implement whose information is displayed and does not as a 'live/online marketplace' in terms of Information Technology Act, 2000 (as amended from time to time) nor provide loans.
All images displayed on this Website are for illustration and representation purposes only. Actual vehicle, specifications, colors, and features may vary from those shown in the images. Tractorkarvan does not guarantee that the images accurately reflect the final product.
*The price disclosed against the each used vehicle /product displayed herein is the Base Price. The final price of the each of the product shall be determined in accordance with the Residual Management Policy of TVS Credit Services Limited.
The price disclosed against all new products herein is an indicative Price. The final price of each of the respective product will be determined in accordance with the discounts/offers/regional taxes & govt. norms at your final purchase location's dealership/platform/store.