A Consumption Loan from DMI is one where you want to buy something today but need a loan to complete the purchase. Here DMI pays the loan amount to the merchant from whom you are buying and you repay DMI in monthly EMIs. For instance, you want to buy a smartphone for ₹40k but need to borrow ₹30k for 6 months to make the purchase. DMI would pay the seller ₹30k, you would pay the seller ₹10k and then you would repay DMI over 6 months. Consumption Loans range from 3 months to 12 months.