The Big Student Problem
As a student, who wouldn’t want to purchase and own essential gadgets like a smartphone or laptop? But more often than not, students do not have sufficient funds to independently and happily just buy. Sure, you can ask your parents, but they’re already covering a lot of your expenses in addition to your college education fees. What are your options? Not much it would seem – EMIs on gadget purchasing works only if you have a credit card. Credit cards are issued only to salaried individuals with a “credit history”.Enter Quiklo to solve this unique student problem.
What is Quiklo?
Quiklo provides financial assistance to students who are looking to purchase gadgets (like smartphones, laptops and cameras) that are important to their college experience. With a down payment as low as 10%, no requirement for a credit card to make a purchase, and flexible EMIs, students can independently make a buying decision. Quiklo stands out amongst other fintech businesses since it uses non-monetary factors to assess a student’s ability to afford gadgets.
How Does It Work?
The process is as easy as they come – fully online and true to the company’s name – quick. Students can choose their product from quiklo.com and apply for an easy loan. Select the loan tenure, undergo a brief review, get approved for the loan, receive your new product, and enjoy using it while you pay your EMI in comfortable fixed instalments till the full amount is recovered.
Through the entire process, if the students meet a certain criteria, they will be required to produce a few relevant documents for verification. Documents required are:
- Aadhar Card
- College ID Card
The team has a quick turnaround and attempts to get you the loan and product as soon as possible.
Good to Know
Quiklo guarantees the lowest cost of the product and delivers the product to you in 2 days if the verification is successful. Also relevant is it’s awesome referral practice – where if an existing customer refers friends to the service successfully, they can earn as much as Rs. 5,500 or more, or transfer their referral earnings towards repayment of their own EMIs thereby “waiving” the cost of their gadget.
Conditions that Apply
- Loans are issued subject to a verification process conducted by Quiklo
- The referral program is only available for friends or family members & direct acquaintances of customers, who are current students from Bangalore, Chennai or Pune
Excited? You can get started right away. Some useful links:
- Apply for a loan here: www.quiklo.com/application
- You can find out more about us here: http://www.quiklo.com/#howitworks
- Have more questions? Check out our FAQs here: http://www.quiklo.com/faq
