The summer is here and heat is very unbearable. An air conditioner (AC) is not a luxury but a necessity. Companies now offer energy-efficient and affordable ACs with advanced features. Here are five considerations before you buy an AC.
When you install an AC at home, the internal air quality is important. Therefore, you must choose the one with a good filter to improve the quality of indoor air. A good filter will improve the air quality as well as provide excellent cooling and ensure energy efficiency.
Energy-efficient ACs are available with star ratings known as EER standardized by the Bureau of Energy Efficiency (BEE). Therefore, you must choose an AC with more stars to ensure its energy efficiency.
Depending on the size of the room, you must choose the capacity of the AC. If you buy one with lower capacity, energy consumption increases to provide adequate cooling. Similarly, if you buy a higher capacity, you will have to pay more for the AC and see an increase in the energy bills.
Maintenance and cleaning
To ensure the AC remains in good working condition, regular maintenance and cleaning are very important. It is recommended you clean it at least once every quarter.
Window ACs are compact and installed in the windows. Split ACs include an external compressor and an internal unit. You must get the AC installed by certified and trained technicians.
Now that you know what factors to consider before buying an AC, the next question is how to fund the purchase. You may buy it with a credit card; however, interest rates are high. Moreover, you will block your card limit. A consumer durable loan (CDL) is another option that allows you to buy an AC without requiring a credit card.
Financial institutions offer loans to help you such facilities. Here are some beneficial features of CDLs.
To apply for a consumer durable loan, you require minimum documents. These include office and residence address, name and birth date, identity proof, and bank account details. The entire procedure is completed quickly ensuring you are able to buy on EMI without a credit card.
Higher loan amount
You may borrow up to INR 5 lakh when you avail of a CDL. This enables you to buy the best AC as per the aforementioned considerations.
When you choose to buy a split AC on EMI, repayment is not difficult. Lenders offer flexible repayment schedule that may be repaid for up to three years. Therefore, you will have no financial difficulties to service the loan.
Apply for a CDL and beat the heat with your preferred air conditioner.