Sign in

Please enter your email below and we will send you a new password.

Sign in with

EMI (Easy Installments)

EMI slider

ElectronicsPasal Easy Buy, Easy Pay Service

Buying through online just got a lot easier. We make your purchase affordable, easy & hassle free with EMI – Easy Buy Easy Pay scheme. Apply for our EMI Scheme with an expansive portfolio catering all of your electronic needs, receive delivery at your home and pay installment from your home/office. Please fill the form below and attach scan copy of the required legal documents. We will soon contact you for further process.

Eligibility

  1. Self-employed professionals having reliable/stable source of income or income of own family supported by the documentary evidence.
  2. Any other individuals having identifiable source of income supported by the documentary evidence of the same. 
  3.  Employees of corporate entities supported by salary slips and employer's undertaking that salary will be routed through the Bank. 
  4.  Borrowers' uncommitted income should be at least three times more than the Equated Monthly Installment (EMI)
  5. Nepalese Citizens only but should be above 18 years of age 
  6. For the corporate borrowers, company's past performance of 1 year, its financials (Audit Report) as well as the Tax Clearance Certificate will be required.
  1.  Electronicspasal.com Easy Installment loan facility is available to Nepali Citizen above 18 years of age, living in Kathmandu Valley. Electronicspasal.com Easy Installment facility is hereinafter referred to as “EP Installment” (EPEI). 
  2. The purpose of EPEI is to allow customers to purchase electronic products offered by ElectronicsPasal.com and repay the amount of purchase through Equated Monthly Installment (EMI) in accordance with these EPEI terms and conditions. 
  3. Total EPEI value, means: the purchase price of the product with applicable financial charge, which is required to be paid by the customer, within the installment tenure as agreed. 
  4.  EMI Amount means: the total EPEI value plus interest divided by the number of months opted under EPEI facility. 
  5.  EPEI Tenure means: the number of monthly installments opted by the customer under EPEI. 
  6.  If the customer meets eligibility criteria, he/she maybe eligible for enrolling into EPEI. EPEI is available for any customers, who abide by the terms and conditions. 
  7.  EPEI will be available against purchase of electronic product with minimum value of Rs. 25,000 from our website: www.electronicspasal.com. 
  8.  Under this terms and conditions, if the customer is unable to effect full payment for the due amount as mentioned in statement on or before the payment due date, the customer is liable to pay financial charges/service fee as per prevailing terms and conditions. 
  9. EPEI service charge will be levied on the customer on the date of application of loan. 
  10.  Customer may call at the ElectronicsPasal Office to apply for loan. EP reserves the right to accept / reject the request for loan. 
  11.  EP will process and authorize EPEI transaction only if all the eligibility criteria are approved for EPEI transaction. 
  12. The amount to be paid every month (EMI) will be computed by dividing the total EPEI value plus applicable interest by the EPEI tenure. 
  13. EMI shall be billed to the customer starting from the statement following the statement of immediate billing date of transfer/booking of transactions to EPEI account and every month thereafter until the EPEI amount is paid in full. 
  14. If the customer pays less than the monthly minimum due on the due date specified in the customer’s monthly statement then charges as per the existing EPEI terms and conditions governing the issuance will become applicable including on the EPEI EMI amount. 
  15. EP will not be liable for any physical damage or loss incurred by the customer arising out of the purchase, installation, and use or otherwise of the product(s). 
  16. EP reserves the right to anytime and without any prior notice or liability to the customer in any manner whatsoever to terminate EPEI or Cancel or vary its benefits or feature or vary terms and conditions. EP is also entitled to determine the minimum and maximum amount of purchase allowed under the EPEI. 
  17. EP reserves the right to disqualify any customers from further participation, if in its judgment, the customer has in any way violated terms and conditions or has violated the credit card terms and conditions. 
  18. EP shall be entitled to disallow/refuse any application submitted by the customer to it under EPEI without assigning any reason whatsoever. 
  19. EP shall not be liable if it is unable to perform its obligation under these terms and conditions for any reason whatsoever. 
  20. The customer will be allowed the option of prepaying the total payable amount outstanding, by way of a lump-sum payment and a nominal prepayment charge shall be levied (____to be decided____) to process this request. 
  21.  If any time, disputes arise in connection with the EPEI or these terms and conditions, EP’s decision in connection with the same shall be final and binding. EP Reserves the

Criteria

Parameter

Electronicspasal.com EMI

Loan amount

Minimum: Rs. 25,000 Maximum: Rs. 5,00,000

Loan portion

Up to 100% of value estimated by EP

Tenure

Minimum: 6 months Maximum: 1 year

First payment date

At the beginning of the month of purchase.

Processing fee

Rs. 1,500 for loan amount up to Rs. 50,000 and Rs. 2,000 for loan amount above Rs. 50,000 at the time of submission of loan application. The fee shall be refunded if the loan is not approved.

Documents

Identification documents

Documents

Salaried

Self Employed

2 Passport size photo of applicant and one passport size photo of guarantor

Required

Required

Photocopy of citizenship certificate of applicant and guarantor

Required

Required

Photocopy of Tax/PAN/VAT certificate and registration certificate

Not required

Required

Proof of Income related documents

Documents

Salaried

Self Employed

Original Salary Certificate not more than 10 days old

Required

Not required

Photocopy of contract agreement between applicant and his/her employer

Required

Required

Photocopy of Rent Contract, if any

Required

Required

Original/photocopy of Bank Statement (Past 6 months)

Required

Required

Photocopy of audited/management prepared financial statements for past 3 years

Not required

Required

Legal/Other documents

Documents

Salaried

Self Employed

Credit information of borrowers and guarantors from CIC and branch

Required

Required

Current account of the borrower

Required

Required

Original copy of loan deed

Required

Required

For more detail, please call 9801049222 or send an email to [email protected]

Conditions Applied *

Download EMI Form Here