It has become essential to own a smartphone in today's technologically advanced environment. The expensive price of smartphones, however, can frequently be a barrier for many people. The expensive price of smartphones, however, can frequently be a barrier for many people. Fatafat Sewa, a leading retailer, is here to make your smartphone dreams come true with its convenient EMI options. Offering 0% down payment, 0% interest, and flexible repayment tenures of 6, 12, and 18 months, Fatafat Sewa allows you to buy smartphones priced above Rs. 20,000 without straining your budget. Let's look deeper into this hassle-free mobile buying experience.
Eligibility Criteria:
To avail the EMI options provided by Fatafat Sewa, you will need either a credit card or a salary certificate. Additionally, ensure you have a recent passport-sized photograph and a photocopy of your identification document, such as a driver's license or the citizenship card.
Fatafat Sewa Banking Partners
Fatafat Sewa has almost all of the major commercial banks as its partners for EMI service. The list for the bank partners are as follows:
- Citizen Bank International Limited
- Global IME Bank Limited
- Machhapuchhre Bank Limited
- Nepal Investment Mega Bank Limited
- Nabil Bank Limited
- NIC Asia Bank Limited
- NMB Bank Limited
- Siddhartha Bank Limited
- Sunrise Bank Limited
Exploring the EMI Options:
1. 6 Months EMI:
With the 6-month EMI option, you can enjoy the convenience of dividing the cost of your smartphone into six equal monthly installments. This shorter tenure allows you to pay off the amount quickly while enjoying the latest features and technologies of your chosen device.
2. 12 Months EMI:
Opting for the 12-month EMI plan provides you with a longer repayment duration. This extended tenure enables you to manage your finances more comfortably by dividing the cost of the smartphone into 12 equal installments. It is an excellent choice if you prefer a lower monthly payment amount.
3. 18 Months EMI:
The 18-month EMI option is available for you if you want an even longer repayment time. This enables you to spread out the expense of your smartphone over a period of 1.5 years, resulting in more manageable monthly payments.
How to Buy a Smartphone on EMI from Fatafat Sewa:
1. Choose your desired smartphone: Research and explore the wide range of smartphones available at Fatafat Sewa. Consider factors such as brand, specifications, features, and price to find the device that best suits your needs and preferences.
2. Visit the Fatafat Sewa website: Head to Fatafat Sewa website www.fatafatsewa.comand click on EMI option on the respective Product Description Page (PDP).
Then, kindly fill in your personal details.
Now, choose whether you want to apply for EMI with or without the credit card.
In case you don't have a credit card, fill in the required details and upload necessary documents, including the salary certificate.
If you have a credit card, fill in your card details.
3. Choose an EMI plan: Describe to the store representative your selected EMI term (6, 12 or 18 months). The skilled staff at Fatafat Sewa will help you narrow down your selections depending on your unique demands and financial situation once they have taken you through your possibilities.
4.Complete the documentation:After that, you must finish the required documentation. You must do this by sending a copy of your identification paperwork, a passport-sized photo, and any other paperwork that may be necessary, like a credit card or a letter from your employer. The accuracy and currentness of all the information offered must be guaranteed.p to date.
5. Application approval: Once you have submitted the required documents, the Fatafat Sewa team will process your application. If approved, you will be informed promptly.
6. Get your smartphone: Upon approval, you can now collect your brand-new smartphone and enjoy the latest technology at your fingertips.
Conclusion
Fatafat Sewa's Mobile Phone On EMI options offer a hassle-free and affordable way to buy smartphones priced above Rs. 20,000. With zero down payment, zero interest, and flexible repayment tenures of 6, 12, and 18 months, owning the smartphone of your dreams has never been easier. Head to the Fatafat Sewa website, ready with your credit card or salary certificate, and get ready to experience the joy of seamless smartphone ownership.
Frequently Asked Questions:
Q. Can I buy phone on EMI without down payment?
A. Yes, Fatafat Sewa offers 0% down payment EMI service.
Q. Can I buy phone on EMI?
A. Yes, of course, as long as the phone is priced higher than Rs. 19,999.
Q. How to buy mobile on EMI without card?
A. In case you don't have a credit card, Fatafat Sewa still gives you the option to buy phones on EMI, given that you are able to provide a valid salary certificate, a photocopy of identification document and a passport sized photo.
Q. What is zero cost EMI?
A. No Cost EMI is an EMI plan where there is no interest charged on the loan amount. For instance, you use a credit card to pay the full Rs. 10,000 for a smartphone over a 12-month EMI. Your EMI will be Rs. 834 per month (10,000/12), with no interest charged on the principal.
Q. What happens if mobile EMI is not paid?
A. A higher interest rate: If you haven't made your EMI payments, the lender may raise your loan's interest rate and/or impose additional penalties and taxes. Lower CIBIL rating: The borrower's credit score would drop as a result of an EMI default, which would have an impact on his future capacity to take on debt.