If you are thinking of getting a brand new mobile phone but if the budget is an issue, then don’t worry as you can easily get EMI facility from Global IME Bank. With EMI, you can buy the phone you need without bearing a major financial burden. In this blog, you will learn how you can benefit from flexible repayment options available through EMI.
Understanding EMI for Buying Mobile in Nepal
EMI, or Equated Monthly Installment, is a way to pay money in small portions on a monthly basis over a specific period instead of paying the full amount. It makes it easy to buy mid-range or flagship smartphones you always dreamed of in an affordable and more manageable way. Customers can select an EMI plan that best suits their budget with the help of a bank or financial institution such as Global IME Bank, which provides flexible yet simple EMI plans.
Key Features of Global IME Bank’s EMI Facility for Mobile Purchases
Flexible Tenure Options
Global IME Bank provides two tenure options 6 months or 12 months. Thus, you can choose the tenure options which best fit your budget plan and spending limit.
Affordable EMI Charges
- 1% or NPR 1000 whichever is higher shall be charged as processing fee for EBEP.
- Zero percent interest shall be charged in EBEP
- Monthly installment shall be levied in EBEP (EBEP tenure shall be either 6 months or 12 months)
- Installment shall proceed from next billing date
Simple Payment Process
You can pay the EMI fees at the store directly during the purchase, for the simple, effortless and transparent process. This eliminates the need for hidden costs and provides you with a clear picture of what is involved.
How to Apply for EMI on Mobile Purchases with Global IME Bank?
- Visit a Partner Store: Choose a smartphone from any mobile phone retailer that is an EMI merchant of Global IME Bank.
- Fill EBEP form: Fill the EBEP form (online or paper form)
- Select EMI Option: Choose between the 6 or 12 month EMI plan, depending on your needs. This is to be mentioned in the EBEP form.
- Complete Payment: Pay the first installment and required EMI charges to the retailer.
- Enjoy Your New Mobile: Take your new phone, with easy monthly payments!
Conclusion
EMI helps remove the financial barrier of buying your desired product upfront, but choosing the right EMI can be challenging. Global IME Bank Credit Card provides the best EMI for buying the mobile you want with competitive EMI rates and without any hidden costs.
Choose Global IME Bank to get your dream phone without having financial strains. Visit your nearest Global IME Bank partner store or contact our customer support at 01-5970600 for more details.
