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Samsung Rolls Out Samsung Finance+ for its Consumer Electronics

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This Festive Season, Even New to Credit Customers Can Get a Loan to Buy Their Favourite Samsung Products in 20 Minutes

  • A fully digital, universally accessible lending platform aimed towards financial inclusion and strengthening Samsung’s vision of Powering Digital India
  • Consumers can avail easy loans on Samsung TVs, soundbars, refrigerators, washing machines, microwaves and air-conditioners at around 3,000 consumer electronics stores

Samsung, India’s largest consumer electronics brand, has launched its popular digital lending program Samsung Finance+ for consumers to buy its wide range of consumer electronics products this festive season.

This initiative aims to drive financial inclusion and strengthen Samsung’s vision of Powering Digital India. Through Samsung Finance+, consumers across the country will be able to access easy credit and buy their favourite Samsung consumer electronics products such as TVs, soundbars, refrigerators, washing machines, microwaves, and air-conditioners and upgrade their lifestyles.

Samsung Finance+ is a simple, universally accessible digital lending platform wherein consumers will be able to upgrade to their favourite premium Samsung consumer electronics product by getting a loan sanctioned within 20 minutes at retail stores across the country.

“At Samsung, consumers are at the heart of everything we do. Samsung Finance+ is a testimony to our consumer-centric innovation and will help drive financial inclusion, furthering our commitment to Powering Digital India. We are positive that Samsung Finance+ will touch the lives of millions of consumers, especially those who are new to credit and are in semi-urban and rural markets,” said Mohandeep Singh, Senior Vice President, Consumer Electronics Business, Samsung India.

To start with, Samsung is launching Samsung Finance+ at around 3,000 consumer electronics stores in 1,200 cities across the country. Samsung plans to take Samsung Finance+ to more than 5,000 retail outlets in appx 1,500 cities by the end of 2022, supporting consumers during the festive period.

The Samsung Finance+ platform was developed in India at the Samsung R&D Institute Bangalore (SRI-B), where engineers worked closely with the Samsung India team to assess consumer requirements and design the features of the platform. The entire engineering, design and development of this platform was done out of SRI-B.

How does Samsung Finance+ Work?

Consumers can avail a loan under Samsung Finance+ in a few simple steps. They simply need to visit the nearest select Samsung retail store with the requisite documents, ask for the Samsung Finance+ desk and submit the e-documents for KYC verification. Once KYC verification and credit scoring is done, loan is disbursed with easy EMI payment plans within 20 minutes. Once completed, consumer can easily buy their favorite Samsung product without any hassle.

Key Features of Samsung Finance+

  • Fully Digital: Consumers enjoy a paperless journey with the in-store Samsung promoter assisting the consumer through the process
  • Customized offers for everyone: Nearly all consumers applying for finance end up getting an offer on the Samsung product they want to buy
  • Universally Accessible: Wide reach in India through Samsung’s strong retail presence across the country

Samsung has partnered with DMI Finance to launch Samsung Finance+ in India. DMI Finance is a pioneer in the use of technology for transmission of credit to the end customer.

“We are excited to extend our path-breaking partnership with Samsung. DMI’s seamless, paperless journey for smartphone buyers is now available for clients purchasing other home electronics such as televisions, refrigerators and air conditioners. This is another step in our goal to provide affordability solutions to all creditworthy customers regardless of their credit history,” said Shivashish Chatterjee, Co-Founder and Joint Managing Director, DMI Finance.

About Samsung Electronics Co., Ltd. 

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems and memory, system LSI, foundry and LED solutions. For the latest news on Samsung India, please visit Samsung India Newsroom at http://news.samsung.com/in. For Hindi, log on to Samsung Newsroom Bharat at https://news.samsung.com/bharat. You can also follow us on Twitter @SamsungNewsIN

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Riya Sen Makes Stunning Hollywood Debut with “Highway 905”

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Bollywood’s acclaimed actress Riya Sen has taken a significant leap in her illustrious career with her debut American film, “Highway 905,” now streaming exclusively on Amazon Prime USA. Released in early 2024, this gripping murder mystery is set against the picturesque backdrop of Long Island, New York, and showcases Sen in a captivating new role.

“Highway 905” unravels a compelling narrative centered around an Indian taxi driver who finds himself entangled in a harrowing crime he did not commit. As the story unfolds, Sen stars as the leading lady, bringing depth and intensity to her character in this pivotal role. Her performance has been met with high praise, marking a significant milestone in her acting journey.

Joining Sen in this thrilling cinematic venture is a diverse and talented ensemble cast, including David Otunga, Jose Édouardo Ramos, Idan Raz, and Pawan Kumar. Their combined efforts have brought a unique blend of suspense and drama to the screen, making “Highway 905” a must-watch for fans of the genre.

The film was shot in the scenic locales of Long Island, which serve as a stunning backdrop to the unfolding mystery and drama. The choice of location not only enhances the film’s aesthetic appeal but also adds an authentic layer to the storyline.

“Highway 905” marks a landmark moment for Riya Sen as she ventures into Hollywood, showcasing her versatility and talent on an international platform. With its gripping plot, exceptional performances, and picturesque settings, the film promises to engage audiences and establish Sen as a formidable presence in the global film industry.

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Malaika Arora Dazzles in Archana Kochhar’s “Midnight Ebony” Collection at Delhi Fashion Show

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Malaika Arora Dazzles in Archana Kochhar's "Midnight Ebony" Collection at Delhi Fashion Show

Actress Malaika Arora dazzled on the runway in Delhi, illuminating designer Archana Kochhar’s showcase with her radiant presence. The event, headlined by Estetica Hair Magazine India, unveiled Kochhar’s latest collection, “Midnight Ebony.” The jewellery for the show was provided by Pyare Lal Jaggannath Saraf.

Inspired by the opulent glamour of handcrafted embroidery and the rich hue of black, the collection encapsulates the allure of Indian fashion with a contemporary twist. Each ensemble, dominated by the resplendent color of black, is adorned with intricate hand-embroidered sequins and exquisite stonework, creating a mesmerizing shimmer that captivated the audience.

Kochhar’s designs seamlessly blend traditional Indian craftsmanship with modern silhouettes, offering a luxurious yet wearable range of garments. From stylistic saris that exude elegance to contemporary lehengas that radiate sophistication, the collection caters to every woman’s desire for glamour and grandeur.

The spotlight of the show was undoubtedly Malaika Arora, whose ethereal grace and charisma brought each ensemble to life. Her effortless charm and poise perfectly complemented the exuberance of the collection, earning her accolades from fashion enthusiasts and critics alike.

Speaking about the collection, Archana Kochhar expressed her delight at showcasing her designs at the Shangri-La New Delhi. “Midnight Ebony is a celebration of nighttime shimmers and the relevant allure of Indo-Western silhouettes. I wanted to create a collection that embodies the spirit of today’s women, perfect for the nighttime shimmers and sangeet festivities,” said Kochhar.

With its blend of traditional craftsmanship, contemporary designs, and a touch of dark magic, Midnight Ebony by Archana Kochhar promises to be the go-to choice for fashion-forward women looking to make a statement. From red carpet events to wedding celebrations, each ensemble from this collection is designed to make every woman feel like a star

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Sony AATH is premiering the 4th Gopal Bhar movie titled ‘Gopaler Buddhi

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Sony AATH is premiering the 4th Gopal Bhar movie titled 'Gopaler Buddhi
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