A professional outcome, as well as flawless content creation, requires a high-performance PC for video editors, graphic designers, and content creators. Overall, investing in editing setups costs between 1 lakh to 3 lakhs, which necessitates financial support to obtain them.
This guide presents information about selecting appropriate loans and essential PC requirements, together with loan calculation options, expert access, and effective payment methods. Consultation with your loan agent might get you a number of loan options that you can choose and fulfill your needs.
Reasons for buying a high-end editing PC
The task of editing high-resolution videos and 3D renders together with motion graphics demands superior components that basic laptops cannot provide. This editing process needs a high-end PC equipped with advanced specifications.
The essential components for superior performance consist of multi-core processors along with high-performance GPUs and plenty of RAM matched with quick storage devices and a 4K color-precise screen. A fund provided through loans or EMI payments lets people afford this purchase by reducing costs from ₹1.5 to ₹3.5 lakhs.
Learn about the loans you can have to buy your PC
There are a number of popular loan options in India that you can use to buy the best editing PC. Learn about the loan options and then pick the right option for yourself-
- Personal loans
The funding through personal loans provides immediate unsecured money up to ₹25 lakhs based on the income of applicants. Personal loans provide quick funding opportunities for professionals and freelancers who need immediate access to funds since they deliver interest rates between 10% and 24% per annum alongside 1 to 5-year repayment periods, although their rates exceed those of secured loans.
- Consumer durable loans
Consumer loans are suitable for buying electronics or PCs because they provide funding amounts up to ₹5 lakhs at interest rates ranging from 12% to 18% per annum with a payment period of 6 to 24 months. Consumer loans have interest rates that are lower than credit cards and are only available through retailers such as Amazon, Flipkart, and Croma.
- Choose credit cards
Using credit card EMI options offers short-term financing for no-cost purchases that gives you a loan up to your set credit limit. The interest rates for credit card EMI options range between zero percent and eighteen percent, and the repayment period extends from three months to one year. This payment method gives immediate results, although late payments will result in heavy financial charges, and it best suits people with stable credit scores.
- What about business loans?
Freelancers and editors who operate registered businesses can obtain business loans that provide amounts from ₹50 lakhs through interest rates between 14% to 22% annually and repayment plans over 1 to 5 years.
Financial help with better repayment facilities
- The first step to getting an education loan requires you to check the interest rates available on BankBazaar and Paisabazaar. Strategic bank negotiations present a good opportunity for students with credit scores above 750.
- Check your net banking system for pre-approved loans to access lower interest rates. Consumers can save on interest costs by availing of no-cost EMI options at Vijay Sales and Amazon. Check the finance DSA app to get some help regarding loans.
- You should think about initiating a loan balance transfer after six months to a lower interest rate loan because this move will help you reduce your expenses over a longer time period.
Getting help from the experts
A financial advisor will assist you in selecting the right loan according to your income details, together with your credit score. Consumers can choose from two PC build experts to help them design affordable computers through customizations. Tax consultants help you claim business-tax benefits, and credit score analysts enhance your CIBIL rating to receive improved loan conditions.
How to manage your loans and buy the PC?
- You should purchase your editing PC during the Big Billion Days or Diwali promotional events to get benefits, including discounts and EMI schemes.
- Start by selecting a CPU with substantial power, followed by a GPU, while delaying the upgrades of RAM or storage.
- Acquiring refurbished personal computers allows you to lower your expenses by around 30–40 percent.
The practice of paying specific amounts as smaller payments throughout the loan terms will decrease your overall loan amount, while automated deductions through bank accounts help stop extra fees from being charged against your account.
