Buying a product online on EMI is always a hassle. You need to be very careful while making the purchase as you need to give your credit card details to the merchant to bill you every month. But many people across India don’t have a credit card, especially the students. Then how can they shop for highly priced products online if they are short of money? Is there a way for the same? Yes, there is! Quiklo is the newly launched application for students that helps them to buy mobile(s) on EMI. Not only mobiles, they can buy wearable, laptops, camera, and few other products on EMI as well.
Knowing about Quiklo
Quiklo has emerged as a blessing for the students who often fall short of money when it comes to buying a highly priced product online. Now they can buy their favorite products online on EMI. No matter if they have credit card or not, the EMI on debit card option is also available. Quiklo has a range of products from popular Indian online stores – Amazon & Flipkart. You can choose the product, set the EMI, submit your documents, get loan approved, and get your product delivered to your address.
The app is presently available for student’s community of Bengaluru and plans to expand in other cities of India as well in coming future. Moreover, this application is available for the Android users. You need to make minimum 10% down payment for buying a product worth Rs. 30000 or less. For any product that is above 30000INR, you need to make the payments equal to the amount excess to 30000INR.
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What Makes Quiklo Different from Others?
A number of features contribute in making Quiklo different from other applications. Some of them have been listed here.
- It is first Indian loan providing platform which is designed exclusively for the student’s community.
- You can buy laptops, cameras, and mobile(s) on EMI easily. There are many other products to go for.
- The products will be delivered to your address within 2 days of making the delivery.
- The loan can be customized and you can easily pay back your loan later in installments.
- The EMI option is provided to you even if you don’t own a credit card.
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Things you should Know about Quiklo
- A variety of products are available on Quiklo to choose from. You can buy mobiles, laptops, wearable, and many other products of your choice on EMI.
- It has easy loan policies. You can get your loan approved in just one day. All you have to do is submit your documents at Quiklo. Submitting Aadhar card will help you in getting instant loan approval within a day.
- You should be an Indian resident and should have 18 years of age to apply for loan. Moreover, you must be a student and should be living in Bangalore to get product delivered to your address.
- The product you choose gets delivered to your choose within 2 days if it is a non-exclusive product.
- You have the option to customize the loan and EMI. Make sure you pay the EMIs properly and Quiklo will help you in getting the reminder for loan repayment.
- Quiklo has been associated with NBFCs and other banking partners. The timely payment of EMI will help you in adding the CIBIL score. This will further help you out in getting credit card approval in future.
The big FAQ section will be helping you out in making your doubts clear. Moreover, you will be aided with live chat support. You can also Whatsapp them regarding any query to number – 8861000010 or can even email them at. You can also check out Zbigz Username and Password
The Last Words
Quiklo is one of greatest applications for the college going students or students who are 18 or above in age. The students can easily purchase their favorite products online without having a credit card. It provides you option to pay EMI on debit card or make the payments through bank transfer or digital wallets. So, if you feel like buying anything to flaunt off in your friends, go to Quiklo and buy it from here.