Phones & home essentials on easy EMI.
New phones, certified refurbished phones, kitchen and home appliances, TVs, laptops and furniture, paid for in simple monthly instalments. Every cost is shown in your Key Fact Statement before you sign.
- Instant eligibility check
- APR shown upfront
- No hidden charges
Loans are sanctioned and disbursed by our RBI-registered NBFC lending partner. EMI, interest, fees and APR are shown in the Key Fact Statement before you sign.
Everything your home needs
From a new phone to a full kitchen upgrade, pick a category to see what you can finance.
The latest phones on easy EMI
From authorised retailers and brand stores, with a GST invoice and IMEI recorded at purchase.
Models, prices and EMI plans depend on partner merchants and are confirmed when you enquire.
Premium phones, honest grades
Every refurbished phone is graded, quality-checked, IMEI-verified and covered by a written warranty of at least 6 months.
Like New
Battery 90%+No visible marks. All functions 100%. Original or equivalent accessories.
Excellent
Battery 85%+Very light micro-scratches only, not visible at arm's length. All functions OK.
Good
Battery 80%+Visible light scratches or scuffs on the body, screen clean. All functions OK.
Fair
Battery 80%+Noticeable wear or dents on the body, minor screen marks that do not affect the display. All functions OK.
Four simple steps
The whole journey is digital, and every cost is shown before you commit.
Choose your product
Pick a new phone, a certified refurbished phone or a home essential from a partner merchant.
Check eligibility
Share your PAN, mobile number and PIN code. The lender checks your eligibility with your consent.
KYC, KFS & e-mandate
Complete e-KYC, review the Key Fact Statement, e-sign the agreement and set up your repayment mandate.
Take your product home
The lender pays the merchant directly and you take your product home. Pay in easy monthly EMIs.
Know your EMI before you buy
See the monthly EMI, total interest, fees and the all-in APR.
- Loan amount
- —
- Total interest
- —
- Fees incl. 18% GST
- —
- Total you pay
- —
- APR (all-in yearly cost)
- —
Illustrative only. Your actual rate, fees and APR are set by the lender and shown in your Key Fact Statement.
EMI that is easy and honest
Quick decision
Check your eligibility with your PAN and mobile number and get a decision from the lender in minutes.
No hidden charges
Interest, processing fee and GST are all listed in the Key Fact Statement. Nothing outside it can be charged.
Flexible tenure
Choose a tenure that suits your budget, typically 3 to 12 months depending on the product and amount.
New + certified refurbished
Finance a brand-new phone or a graded, quality-checked refurbished phone with written warranty.
Wide choice of brands
Leading phone, appliance and electronics brands from authorised retailers and partner stores.
Cooling-off period
Changed your mind? Exit the loan during the cooling-off period by repaying the principal and proportionate cost, with no penalty.
Your money and data, protected
Regulated lender
Loans are sanctioned, disbursed and collected by our RBI-registered NBFC lending partner.
Data stored in India
Your data is stored on servers located in India and used only for the purpose you consent to.
Consent first
We never access your contacts, photos, media or call logs. You can withdraw consent at any time.
KFS before you sign
You see the Key Fact Statement with APR and repayment schedule before you accept any loan.
Our RBI-registered NBFC lending partner
Every loan on Lite Finserv is sanctioned, disbursed and collected by an RBI-registered Non-Banking Financial Company. The lender's name, RBI registration number and grievance contacts are always shown in your Key Fact Statement before you sign, and will be published on this page.
- Fair Practices Code
- Read the Fair Practices Code
- Interest & charges
- Interest rate policy
Sell on EMI. Grow your sales.
Offer easy EMI to your customers. The lender pays you directly, and the credit risk stays with the lender.
- Convert customers who cannot pay upfront
- Payment directly from the lender
- Simple digital process at your counter
Questions, answered
What is Lite Finserv?
Lite Finserv is a digital platform operated by Teave Business Solutions Private Limited that helps you buy phones, appliances, electronics and furniture on EMI. Lite Finserv is a Lending Service Provider (LSP). It does not lend money itself.
Who gives me the loan?
Every loan is sanctioned, disbursed and collected by our RBI-registered NBFC lending partner. The lender's name, the loan amount, interest rate, APR, fees and repayment schedule are shown in your Key Fact Statement before you sign.
What does it cost? What is APR?
You pay interest on a reducing balance, plus a processing fee and 18% GST on that fee. The Annual Percentage Rate (APR) combines all of these into one yearly cost, so you can compare offers fairly. The exact figures are in your Key Fact Statement.
What does "no-cost EMI" mean?
We call an offer no-cost EMI only when a brand or merchant discount fully covers the interest, so the total you repay equals the product price (plus any disclosed GST on fees). We never hide interest inside a processing fee.
Can I cancel after the loan is approved?
Yes. During the cooling-off (look-up) period stated in your Key Fact Statement you can exit the loan by repaying the principal and the proportionate APR, with no penalty.
What if I return the product?
A product return is handled by the merchant under its return policy. If a return is accepted, the merchant refunds the lender and your loan is closed or adjusted accordingly. Please do not stop EMIs on your own; contact us first.
What happens if I miss an EMI?
Missing an EMI attracts the penal charges listed in your Key Fact Statement and is reported to credit bureaus by the lender, which can affect your credit score. If you expect difficulty, contact us before the due date.
Do refurbished phones come with a warranty?
Yes. Every refurbished phone financed through Lite Finserv is graded, quality-checked, IMEI-verified and comes with a written seller warranty of at least 6 months, stated on the invoice.