A refrigerator also known as a fridge which is a household appliances designed to store and preserve foods and beverages at low temperature. It cools down as a result of dissipating the heat from this area, keeping food and other goods at a cool temperature. The ideal temperature range for the storage of foodstuffs inside a refrigerator is typically maintained a few degrees above the freezing point of water, which translates to 3 to 5 °C (37 to 41 °F). You can buy refrigerator in EMI in Nepal from Fatafat Sewa.
Buy Refrigerator in (EMI) Installments in Nepal
Home appliances like refrigerators have become essential for modern living. To make the purchase of a refrigerator more convenient and accessible, Fatafat Sewa is offering an exciting opportunity in Nepal. With the option to buy a refrigerator in (EMI) Installments in Nepal, customers can enjoy the benefits of owning a refrigerator without the burden of substantial down payment. Let's explore the details of this convenient and affordable scheme.
EMI Eligibility and Benefits:
Fatafat Sewa EMI scheme for refrigerators is available for products priced above Rs 20,000. By meeting this criterion, customers can take advantage of the following benefits:
- 0% Down Payment: Customers can buy a refrigerator without the need for an initial down payment. This allows individuals to bring home their desired appliance without putting a strain on their finances.
- 0% Interest: Fatafat Sewa ensures that customers do not incur any additional interest charges during the EMI period. This ensures transparency and affordability throughout the repayment tenure.
Flexible EMI Options:
To suit the diverse needs and budgets of customers, Fatafat Sewa offers multiple EMI options. These options include:
- 6 Months EMI: Customers can choose to repay the cost of the refrigerator in six equal monthly installments. This option allows for a shorter repayment period, enabling customers to complete the payment quickly.
- 12 Months EMI: For those who prefer a slightly more extended repayment tenure, Fatafat Sewa provides a 12-month EMI option. This allows customers to spread the cost over a year, making it more manageable.
- 18 Months EMI: The 18-month EMI option is designed for customers who require an extended repayment period. With this option, customers can enjoy the convenience of lower monthly installments.
The process of getting Refrigerator EMI:
The process of getting Refrigerator and other products in EMI is as follows:
- Visit the store where the product is available and select the item that meets your requirements.
- Determine the down payment amount and the desired finance period for the EMI.
- Provide the necessary information, including filling out the bank's EMI form and entering your card details.
- Submit the completed form and required documents to the bank for their review and approval.
- Wait for the bank to process your application and provide an approval decision.
- Once your EMI application is approved, you will receive a delivery note from the bank, confirming the purchase and the agreed-upon EMI terms.
- After approval and after the bank sends a delivery note to the reseller, the product will be delivered to you.
Required Documentation For EMI :
To apply EMI Process, customers need to provide the following documents:
- Salary Certificate or Pay Slip: Customers must provide a salary certificate to prove their financial eligibility for the EMI scheme.
- Buyer's Photograph: Customers are required to provide a passport-sized photograph for documentation purposes.
- Citizenship Photocopy or PAN Card: A photocopy of a valid identification document, such as a citizenship card or PAN Card, is necessary to authenticate the buyer's identity.
All applicants are required to possess a credit card issued by a specific partner bank. Then customers need to request a quotation site.
After preparing the quotation, it needs to be submitted to the credit card department of the bank for approval. Once the quotation is approved, the bank issues a delivery order. This DO can then be taken to the store where the desired product is available, allowing you to obtain the product you want. Here are the listed of partner banks:
1. Global IME Bank Limited
2. Sunrise Bank Limited
3. Siddhartha Bank Limited
4. NMB Bank Limited
5. Century Bank Limited
6. Mega Bank Limited
7. NIC Asia Bank Limited
8. Nabil Bank Limited
9. Macchapuchere Bank Limited
10. Kumari Bank Limited
11. Citizen Bank Limited
12. Sanima Bank Limited
IN CONCLUSION:
we can also find installment options in other many products like: iPhone, Laptop, Drones, etc from Fatafat Sewa.
FAQ on EMI SERVICE IN NEPAL
What is Fatafat Sewa 0% EMI Service ?
Fatafat EMI is a service that allows you to purchase items through a deferred payment plan using your credit card. please note that your bill amount is blocked in the credit card limit. Your credit limit will be released with monthly EMI payments. Every month your limit will be released after payments.
Can anyone opt for EMI to buy a refrigerator in Nepal?
Yes, as long as you meet the credit eligibility criteria set by the retailer or financial institution offering the EMI scheme, you can opt for EMI to buy a refrigerator.
Are there any interest-free EMI schemes available in Nepal?
Yes, some retailers or financial institutions offer interest-free EMI schemes for specific durations, allowing you to purchase a refrigerator without incurring any additional interest charges.
Can I upgrade my refrigerator purchased through EMI?
Some EMI schemes provide the option to upgrade to a newer model or higher capacity refrigerator after a specific period. Check with the retailer or financial institution for the upgrade options available.
What happens if I miss an EMI payment?
If you miss an EMI payment, there may be penalties or late payment charges levied by the retailer or financial institution. It is important to make timely payments to avoid any additional costs.
Can I take multiple product EMI on the same credit card?
Bank will not be liable to accept multiple EMI requests if there is an existing EMI plan on your card. You will have to clear your existing EMI plan to get New EMI with Fatafat Sewa.