Samsung has launched the Insta Finance program which provides 0% interest rate financing service for customers buying smartphones that cost over Rs 25 thousand. Backed by HFL (Hulas Fin Serve), the initiative seeks to promote financial inclusion which allows customers across Nepal to access easy credit and financing services and buy smartphones of their choice.
The program reflects the growing need for smartphones and unlocking ability for people to buy one. Financial strain can impede people’s plans of buying a brand-new phone. However, an accessible financial service greatly eases the economic burden. Taking this into account, Samsung Nepal has adopted the initiative to launch the Insta Finance service in collaboration with HFL to help people upgrade to a new phone.
Smartphones are a necessity than a luxury these days. And the world is going digital so people are more technologically equipped. It has also led to the demand for better smartphones. Samsung Insta Finance is convenient, and fast financing solution with a 0% Interest Rate on EMI.
“At Samsung, we believe consumers are the core drivers of our brand. We thrive to understand their needs and requirements and deliver our best products and services and Insta Finance is one such key initiative. Samsung Insta Finance is our consumer-centric innovation that can easily upgrade consumers to its innovative cutting-edge technology” said Pranaya Ratna Sthapit, Director of Samsung Nepal.
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Samsung Insta Finance launching over 200 stores across Nepal
Samsung is launching its Insta Finance across over 200 stores across major markets in Nepal. The tech giant also plans to extend the program across their network next month. The campaign, likewise, makes Samsung Galaxy devices more affordable and accessible.
You can buy a new Samsung phone at a 0% interest rate. It can be an ideal offer for those who want to upgrade to a better smartphone at a small cost on a per-month basis.
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How to get Samsung Insta Finance at 0% interest rate?
Samsung Insta Finance is easy and fast-forward. You won’t even require a credit card for the scheme. You can get a loan instantly in a few steps below.
- Visit a store offering the Insta Finance service
- Make sure you carry all the documents (Citizenship Card and Photo, Guarantor Citizenship, and Photo and Income documents of the applicant)
- After backend verification, you need to sign legal documents
- Then, you get the smartphone of your choice.
The initiative is beneficial for all stakeholders- consumers and smartphone retailers. The former get easy access to a loan facility and upgrade to a new phone at a minimal cost. Sellers generate revenue by up-selling the buyers to a better choice. That makes it a win-win situation for all.
Do read: Samsung launches a TV factory in Nawalparasi, Nepal
