Reason Why You Should Buy Tablets Under 15000 On EMI



The capability of gaming tablets is on equal par with that of gaming laptops. There are numerous top-notch gaming tablet variants available in India from the top brands. These gaming laptop models are available in a myriad of price ranges for ease of purchase for the customers.

If you are looking to purchase under a budget, you can find the best tabs under 15000 in India, that are actually real top-finds. You might think, why do you need to make your purchase on EMI? However, the majority of the individuals aren’t even fully aware of the available EMI schemes. 

Here are the top reasons why you should buy a gaming tablet under 15000 on EMI. Keep reading to know more!

What are EMIs?

EMI is also known as Equated Monthly Installment, where the full amount of a particular product is divided into smaller amounts which are to be paid at particular intervals by the buyers to the seller to purchase a particular product.

It is basically a set amount of money that you have to pay back to the seller on a regular basis in order to repay the original amount of that product you choose to purchase. This usually takes the form of a check or an online payment. Using such EMIs you can purchase your favorites like gaming tablets. 

Take a look at 6 reasons why you must buy your next gaming tablets under 15000 on EMI.

Freedom to buy :

You can purchase any latest tablet off the shelf with an EMI option, even if you don’t have the money to pay for them right away. For instance, choosing an EMI option with your loan rather than a lump sum payment is simpler if you are a salaried individual and want to purchase the products you want.


You can use EMIs to purchase anything and everything, even gaming tablets. You pay it back in manageable installments once your lender divides the sum into regular payments. It will ease on while buying the best tabs under 15000.

Easy on the wallet: 

The EMI option will not burn a hole in your wallet because the monthly payment is predetermined and spread out over the term of the loan, allowing you to make other investments and spend money elsewhere. It is really a good option if you are considering buying the best tabs under 15000.

Plan payments with EMI calculators: 

You can determine your monthly outlay using EMI calculators that are available online based on the principal amount, interest rate, and time frame. It is simple to plan your money to pay for other expenses and investments.

Leverage flexible EMI options: 

Today, a number of banks and financial companies provide flexible EMI plans for buying items like gaming tablets. Depending on your financial situation and income, the lender here gives you the option to choose the EMI amount or the length of the payment period.

No mediators:

There is no need for additional parties to process your payments because the EMI is paid straight to the lender.

How does EMI work?

It is a specific type of payment arrangement between the lender and the borrower. Borrowers make one set of payments per month under the EMI arrangement. Since the amount is predetermined, borrowers are aware of what they must pay. It facilitates their financial planning. On the other hand, the lender receives a regular payback plus interest.

There are two methods that financial firms to determine EMI:

  • The fixed-price approach.
  • The reducing balance method.

Factors affecting EMI

There are 3 major factors that affect your EMIs:

  • Loan amount: A higher loan amount results in a higher monthly installment payment. It is the principal factor that determines your EMI.
  • Interest rate: You will also need to consider the interest rate on your loan. EMIs are directly proportional to the interest rate. Lenders calculate interest based on several factors, such as your income, repayment capacity, credit history, and the current market conditions.
  • Tenor: There are three factors that affect your EMI. Longer tenors generally equal lower EMIs, but higher interest outgo.

Does the EMI remain constant throughout the tenor?

In most cases, the EMI remains constant throughout the tenor. However, there are some circumstances in which the EMI may alter, such as:

  • Floating interest rate: If you choose a floating interest rate, the interest will fluctuate depending on the state of the market. EMIs decrease as interest rates do.
  • Loan prepayment: If you prepay some of your loan amounts, you will reduce your EMIs because the principal amount comes down.

However, you do not have to worry about the increase in your EMI rates when you purchase the best tabs under 15000 from the Bajaj Mall. You can make use of the no-cost EMI and zero-down payment scheme. Place your orders today!


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