The 2017 Guide to Buying a Refrigerator – Buy Refrigerator on EMI

Refrigerators have come a long way from being a luxury appliance to being an integral part of your daily life. With technological development, the refrigerators of today can completely transform your kitchen.

A refrigerator has several uses, from retaining the nutritious value to storing ice-creams and other desserts. However, choosing from a wide range of refrigerators may be confusing. Furthermore, it is a long-term purchase and, therefore, you must consider the following eight factors while making your decision.

Guide to Buying a Refrigerator

  1. Capacity

Refrigerators are available in different capacities. Depending on the size of your family you may choose between 165 liter, 250 liter, 300 liter, and more.

  1. Brand

Choosing a reputed and reliable brand is important. In addition to the price, you need to consider customer servicing in case it is required in the future.

  1. BEE ratings

The Bureau of Energy Efficiency (BEE) rates various appliances from Star 1 (least efficient) to Star 5 (most efficient). It is recommended to go with 3, 4, or 5-star refrigerators to save more energy.

  1. Compressor

The compressor is the most important component of the refrigerator. The new generation inverter compressors are popular as they help use lesser energy while providing more cooling.

  1. Technology

The technology of the chosen refrigerator is very important. Cool pad, Quick chill, Power freezer, Ice Max, and Multi air flow are of some of the different technologies available. These have their set of prosand cons and you must choose one that best suits your requirements.

  1. Additional features

Apart from the basic features, you need to check additional features like available spaces within the fridge, size of vegetable tray and freezer, chill tray door shelves, and others.

  1. Single or double door refrigerator

Double door refrigerators have more space and greater flexibility. In comparison, a single door fridge uses lesser space and is less expensive.

  1. Price

The price is an important consideration. You must choose one that matches your financial situation. You may also consider buying the fridge with a consumer durable loan (CDL) to avoid financial constraints.

Having understood the factors that help you make an informed decision, the next thing is to purchase the refrigerator. However, you may find yourself in a position where you do not have the entire money to pay upfront. Do not worry, avail of a CDL and repay in equated monthly installments (EMIs).

Financial institutions offer such loans at competitive rates that ensures you do not face any difficulty during repayment. All you need is some basic documents like residential address, name and birth date, and bank account details to apply for the loan. The loan is approved quickly and you may then buy the refrigerator on EMI.

Such loans are available from INR 8000 up to INR 5 lakh. Furthermore, you may choose the repayment tenure of up to two years. This flexibility allows you to repay the loan amount without any financial distress.

For added convenience, you may apply for a loan andbuy a refrigerator online on EMI. So, consider this option and upgrade your refrigerator

Deepak

After working as digital marketing consultant for 4 years Deepak decided to leave and start his own Business. To know more about Deepak, find him on Facebook, Google+, LinkedIn now.

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