OneDios Tech

Should you Buy Appliances on Zero Interest EMI Plans

Home appliances make our everyday tasks convenient and straightforward. Our lives are incomplete without some of the home appliances. With these appliances comes the heavy investment they need while buying. Hence, comes EMIs (Equated Monthly Instalment). Shopping on EMIs helps you buy the latest machines without burning a hole in your pocket. A sudden breakdown or frequent repairs of your appliances may require you to buy a new machine. However, you may lack the necessary funds for the purchase. At such a time, EMI is an excellent and affordable solution. You can contact OneDios for regular maintenance and repairs of the appliance of any brand. OneDios makes the process simpler, quicker, and more efficient of reaching customer care for any issue and booking service within a minute.

What do you understand by Zero Interest EMI?

Zero Interest EMI allows customers to buy expensive items/products in monthly instalments without having to pay the whole price upfront and without paying additional interest or charges. This implies that you will be paying only the actual price of the product, just divided into EMIs.

OneDios is a free complaint-resolution system connecting consumers directly to customer support representatives who can advise individuals on how to address various problems. OneDios connects brands with customers. So, the services and repairs provided on our platform are authorized and genuine. You can buy your AMC on OneDios here.

EMIs link banks, customers and retailers to each other. All three parties benefit from this scheme. The customer can purchase costly appliances/products and pay for them monthly without additional interest. The bank receives a new source of income. While sharing a portion of its margins with the bank, the retailer gets increased sales in high-cost product categories. If you face difficulties booking service appointments with brands, you can request OneDios within 60 seconds. And secure the appointment at your convenience.

Some banks or lenders provide zero-down payment plans, while some require a minimal amount as a down payment and the balance to be paid in EMIs. You can choose the time for repayment at your convenience, ranging from 3 months to 24 months. Several lenders charge a processing fee for the no-cost EMI.

Advantages of buying appliances on Zero Interest EMI

  • Customers can buy expensive products without having to pay their total cost upfront. Buyers can manage their cash flow constraints and fulfil their needs and upgrade their lifestyle. OneDios has become the number one trusted brand for home appliances, providing excellent quality and satisfaction to its customers.
  • It provides the buyer with the convenience of paying over a few months. Zero interest EMI allows the customer to choose the tenure depending on their monthly budget.
  • No-cost EMIs not only provide a quick and easy way to get a loan but also a way for people with bad credit to borrow money.
  • The processing or documentation charges are minimal.
  • Allows customers to build their credit history by taking smaller loans to purchase products using Zero interest EMI. However, paying EMIs on time is essential. You can also download the OneDios app from the Android play store or Apple Store to buy/ renew an annual maintenance contract for your appliances.

Disadvantages of buying appliances on Zero Interest EMI

  • Sometimes, the customer ends up paying more when using no-cost EMI. If you don’t keep up your monthly payments, then late fees and tax on interest paid are also applied.
  • Customers may have to bear a fixed, non-refundable processing fee for the zero-interest EMI. Banks also charge service tax and other applicable taxes for the transactions.
  • Zero-interest EMI entices customers to buy products they don’t need.
  • If the customer wants to return the product and get a refund. They will lose the money paid as an interest amount.
  • Your credit score gets impacted if you don’t repay an EMI on time.
  • Some schemes are applicable only if you have a credit card.

Zero interest EMI allows customers independence and convenience in buying and paying for the product over a specified duration. Buying on zero-interest EMI is a favourable option for buyers for multiple reasons. Still, one should thoroughly evaluate all the pros and cons before deciding to opt for it. If you are facing any issues with your machine, download the OneDios app and upload the details of your appliance today. You can also buy the extended warranty and AMCs for all brands like Whirlpool, Samsung, Godrej, GE, etc.

As a well-informed buyer, you should know all the charges applicable to your Zero interest EMI. If any form of interest is applicable, you should know the rate of interest and how it is calculated. Charges could include processing fees, late payment fees, and early repayment penalties. Do your research and understand the terms and conditions before buying the EMI plan.

We at OneDios, provide all kinds of services, from dishwasher/refrigerator/television/washing machine installation/repair/service to maintenance and after-service of the appliance of all major brands. Repairs cost additional money and require you to spend time waiting for the technician or Customer care services to do the necessary upkeep. Therefore, call for service and maintenance at regular intervals. OneDios app is a one-stop-shop for all your service or AMC-related issues and queries without having to call various people or seek phone numbers. OneDios provides you with services in just 60 seconds. OneDios aims to offer a top-class professional facility for repair, installation, and service work. OneDios app makes it simple for the consumer to avail of the post-sales services without difficulties. OneDios now covers over 1350+ cities in India.

OneDios Tech

Can I claim my warranty after losing the receipt?

If you are facing any issue with your appliance, accessories or appliance’s parts, you can claim against the warranty. You may want to use your warranty or guarantee in case you bought the item 7 months ago, and your warranty lasts for a year. 

To make a claim, you need to check on the paperwork. The warranty could be on the receipt, in an email or a separate leaflet. You need to visit your nearby authorized service center for that appliance to repair your product with the correct paperwork. The paperwork has information like how long the warranty lasts and everything it covers, like repairs, refunds or replacements. 

When you make a claim, you’ll usually need the following:

  • proof of purchase – usually a receipt showing where and when you bought the product
  • details of the problem
  • a photocopy of or original warranty or guarantee

What if I lost my warranty card?

If your product/appliance is covered under warranty, you have to claim it but have lost the warranty card. There are still some ways to claim that warranty – you have to prove the product is genuine and provide proof of purchase. To show proof of purchase without a receipt to claim warranty:

  • The receipt is your proof of purchase and is required to claim your warranty.
  • A copy of the invoice is also enough to claim the warranty.
  • The appliance’s serial or production number can help track when and where it was bought.
  • Email – the manufacturer or retailer may have emailed you the invoices and warranties.
  • You can ask the seller or trader if they have a copy of the invoice or can provide you with some paperwork to get you a claim on that warranty.
  • Lay-by Agreement
  • Credit card statement
  • Receipt number or confirmation number for telephone or online transactions.

Losing a warranty card is no reason for any company to refuse a warranty. They can check in their system if the warranty has been claimed before. If unclaimed, they have to honour the warranty. Companies must maintain record of all products sold and furnish duplicate bills or necessary documents so that consumers can get a claim on the warranty. 

Indian Govt has issued guidelines that – The e-warranty principle mooted by the government will enable the buyer to claim benefits for damages to a product within the warranty period anywhere across the country, irrespective of the place of purchase. “The onus of maintaining records will be on the manufacturer. A consumer can claim benefits under the warranty clause even if he does not have an invoice of the purchase,” Consumer Affairs Minister Ram Vilas Paswan said.
Why OneDios for Warranty Safekeeping?

Just remember how much time you waste looking for invoices, customer care numbers and warranties of home appliances when they break down. At OneDios, you can take full advantage of the virtual locker available. OneDios provides the app’s solution of uploading invoices, warranty cards, receipts, and appliance documents.

So, all your worries and headaches of looking for the paperwork are gone! The contract becomes available online instantly. No need to keep and store paper copies of the contract. You can view the complete Service history for ready reference.

OneDios helps customers buy extended warranties online for their appliances in a few clicks. Multiple plans and options on our platform. Plans from the OEMs and other Service providers are available for easy comparison. You can buy instantly in a seamless and paperless online transaction.

OneDios is simply redefining the customer service experience for all customers. You can book the service on OneDios here. Apart from that; you can opt to download the official app of OneDios to ensure the perfect maintenance of your services. Download the OneDios app from the Android play store or Apple Store to buy/ renew an annual maintenance contract for your appliances.

Stop playing hide and seek with essential documents. Use the virtual locker available at OneDios, sit back and let us do the rest.

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