Shopping Loan

Shop now,pay later with ease.

Get an instant personal loan for shopping up to 50 lakh at an interest rate starting at 9.99% p.a. Up to zero collateral and minimal paperwork

Apply Now Check eligibility

Shopping Loan

Get an instant personal loan for shopping up to 50 lakh at an interest rate starting at 9.99% p.a. Up to zero collateral and minimal paperwork

Apply Now Check eligibility

Why choose us

Why Choose an Online Shopping Loan in 2026?

Get an instant personal loan for shopping up to 50 lakh at an interest rate starting at 9.99% p.a. Up to zero collateral and minimal paperwork

What is shopping loan

Whether you’re upgrading your smartphone or planning festive and wedding shopping, a shopping loan gives you the funds to make the purchase today and repay it in easy monthly installments. As a no-end-use-restriction personal loan, you decide how the money is spent; there's no need to justify or list your purchases. The entire process, from application to disbursal, can be completed from your phone or laptop, and the funds will reach your account within minutes of approval. A shopping loan works best when it's used with a plan. Know what you need, how much it costs, and how comfortably the EMIs fit into your monthly budget. Borrowed well, it helps you make timely purchases without disturbing your savings.

Key features and benefits of a shopping loan:

Loan amount: Up to 50 lakh
Approval time: Within minutes
Interest rate: From 9.99% p.a
Tenure: 12 to 84 months

Interest rate and charges:

NOTE: Bikesh Finserv works with multiple banks and NBFCs, so your final rate depends on your profile, the lender's policies, and the loan amount.

Particulars	Details
Interest rate	Starting from 9.99% p.a.
Loan amount	₹10,000 to ₹50 Lakh
Tenure	12 to 84 months
Processing fee	Up to 100% cashback
Prepayment / foreclosure	As per lender policy

NOTE: Interest rates are indicative and subject to change. Contact Bikesh Finserv for current rates.

Unlike most intermediaries, Bikesh Finserv offers Up to 100% cashback on processing fees which saves you thousands upfront.

Eligibility Criteria for a Shopping Loan

If you are willing to opt for a shopping loan, first you should check if you are eligible for that so that you can get a fast approval and the best available rate.

Parameters	Salaried employees	Self employed
Age	21–58 years	25–60 years
Minimum income	Rs. 18,000/month	Rs. 20,000+/month net profit
Employment	6+ months in current job	1+ year in business
CIBIL Score	700+ (recommended)	680+ (recommended)
Loan amount	Up to Rs. 50 lakh	Up to Rs. 50 lakh

Factors That Improve Your Loan Eligibility

Salary account: Existing relationship with a bank can speed up approval
Purchase invoice: Some lenders may ask for a quotation or invoice for large purchases
Low existing EMI: Fewer active loans improve your shopping loan limit
Digital KYC: Complete e-KYC for same-day disbursal on pre-approved offers

Shopping Loan for Self-Employed

Freelancers and shop owners can fund inventory or personal purchases with income proof and bank statements.

Tips for Self-Employed Applicants

Show steady credits: Regular business inflows in bank statements help approval
GST registration: Valid GST or business proof strengthens your application
Choose NBFC partners: More flexible than traditional banks for variable income
Keep CIBIL healthy: Pay existing card dues on time before applying

Shopping loan with moderate credit score

NBFCs may approve shopping loans for applicants with CIBIL scores in the 650–700 range when income is stable.

Options Available

Smaller loan amount: Start with a lower ticket size to build repayment history
Shorter tenure: Opt for 12–24 month tenure for faster closure
Co-applicant: Add a family member with stronger credit
Pre-approved offers: Check existing bank pre-approved limits first

Boost Approval Before You Shop

1.Clear overdue card minimums before applying.
2.Avoid maxing out credit limits in the month before application.
3.Limit loan applications to one lender at a time.
4.Verify your credit report for outdated closed accounts.
5.Maintain salary credits in one primary account.

Documents Required

The shopping loan needs just three sets of documents:

For Salaried Individuals

Identity & address proof: PAN card and Aadhaar card
Income proof: Latest salary slips (salaried) or ITR (self-employed)
Bank statements: Last 6 months' bank statements

Why Choose Bikesh Finserv for Your Personal Loan for Shopping?

Access to multiple banks and NBFCs
Transparent items: the entire process is 100% transparent and has zero hidden charges.
End-to-end assistance,
A philosophy built on responsible borrowing

Simple process

How to Apply for a Shopping Loan Online

Step 01

Fill the online form

Share basic details: your name, contact number, loan amount, and the residing city.

Step 02

Upload documents

Submit your PAN, Aadhaar, income proof, and bank statements

Step 03

Get approved

Receive an instant decision based on your eligibility

Step 04

Receive funds

Get the loan amount disbursed directly to your bank account.

Type of shopping loan

What Can You Use a Shopping Loan For?

At Bikesh Finserv, a shopping loan is designed around how people actually spend, not a narrow list of “approved” purchases.

Purpose	Typical amount	Popular shopping categories
Mobiles & laptops	Rs. 20,000 – 2 lakh	Upgrade devices without upfront payment
Home appliances	Rs. 15,000 – 3 lakh	AC, fridge, TV, washing machine on EMI
Furniture & decor	Rs. 30,000 – 5 lakh	Furnish your home in one go
Festive shopping	Rs. 25,000 – 2 lakh	Gifts, gold, and celebrations covered
Wedding shopping	Rs. 1 Lakh – 10 lakh	Attire, jewellery, and event purchases
Online cart checkout	Rs. 10,000 – 1 lakh	Fund e-commerce orders instantly

Common shopping loan uses:

Electronics — phones, tablets, laptops, smart TVs
Kitchen and home appliances
Furniture, mattresses, and home improvement
Fashion, jewellery, and festival purchases

You can also use funds for:

Wedding and family event shopping
Travel gear and lifestyle accessories
Bulk online orders during sale seasons

Got questions?

Frequently Asked Questions

You can get a shopping loan for shopping up to ₹50 lakh, depending on your income, credit profile, and lender assessment.

Yes. This is a collateral-free shopping loan.

Yes. As there is a no-end-use-restriction personal loan, you can use the funds for electronics, furniture, festival or wedding shopping, or any personal expense.

The minimum rate starts at 9.99% p.a. and varies based on your income, credit score, and the lender you're matched with.

Most applicants receive an instant shopping loan decision within minutes of submitting their documents online.

Just your PAN, Aadhaar, recent salary slips or ITR, and the last 6 months' bank statements, making this a truly minimal-document personal loan.

Still have questions?

Our support team is here to help you at every step.