Lenovo launches zero percent financing for PCs in India

Lenovo rolled out finance schemes to sell computers in India at faster rate. The company is facing challenges due to low demand for computers in the countries as the population has surpassed computers to buy tablets and smartphones. In India current computer penetration is 10%, which is the lowest among developing countries like Vietnam (16%), South Africa (18%), Turkey (49%) and Malaysia (64%). For this scheme, Lenovo has joined hands with Intel in its effort to promote this initiative across Andhra Pradesh and Telangana.

Lenovo will offer 100% financing with zero down payment and zero interest on the purchase of high performance laptops and AIOs. The company further says that the payment can be broken up across multiple EMIs with no interest fee.

This initiative is being piloted in Andhra Pradesh and Telangana as it complements their focus on education to bridge the IT divide. Lenovo is looking at a comprehensive 360 degree marketing outreach that includes Advertising and student engagement through college contact programs across the two states.


The offer will be available from mid-November 2014, across all Lenovo stores in Andhra Pradesh and Telangana.

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