Holi is a festival of colors, joy, and traditions, and buying new clothes is an essential part of the celebrations. However, budget constraints often stop people from purchasing their favorite outfits. EMI (Equated Monthly Installment) options can be a great solution, allowing you to shop without financial stress. Many online and offline platforms now offer EMI shopping, making it easier to buy festive clothes without an immediate financial burden.
Let's explore the different platforms where you can buy clothes on EMI this Holi.
1. Credit Card EMI
If you have a credit card, you can shop for clothes at major e-commerce websites and physical stores, converting your payments into EMIs.
✅ Benefits:
- Instant approval for EMI conversion
- Zero down payment required
- Available at: Amazon, Flipkart, Myntra, Ajio, and more
2. Buy Now, Pay Later (BNPL) Services
Several platforms offer Buy Now, Pay Later (BNPL) services, allowing you to buy clothes instantly and pay in installments later.
🔥 Popular BNPL Services:
- ZestMoney
- LazyPay
- Simpl
✅ Benefits:
- No need for a credit card
- 0% interest rates on installments
3. Digital Payment Apps Offering EMI
Many digital payment apps now provide EMI options to make shopping even more convenient.
💳 Popular Apps Offering EMI:
- Paytm Postpaid
- Amazon Pay Later
- Snapmint
4. No-Cost EMI on E-Commerce Websites
Major online shopping platforms partner with banks and finance companies to offer no-cost EMI options, making Holi shopping affordable.
🛍️ Available on:
- Flipkart
- Amazon
- Myntra
✅ Benefits:
- No extra charges on EMI payments
- Flexible and easy payment options
5. Bank and NBFC EMI Loans
If you don’t have a credit card, you can take personal loans from banks and NBFCs (Non-Banking Financial Companies) to shop for clothes on EMI.
🏦 Popular Lenders:
- Bajaj Finserv
- Tata Capital
- HDFC Flexi Loan
✅ Benefits:
- Higher loan amounts available
- Longer EMI tenure for easy repayment
Conclusion
If you want to shop for new clothes this Holi without worrying about your budget, EMI options can be a perfect solution. Credit card EMIs, BNPL services, digital payment apps, no-cost EMI, and bank loans provide multiple ways to buy clothes affordably. Choosing the right platform can double your festive joy without financial stress!
