Get Instant Mobile Loan in Nepal – Get Funds Anytime, Anywhere!

Mobile phones are not just a means of communication; they serve as multi-functional devices to stay connected, entertain themselves, access educational tools, and many more. Getting a mobile loan in Nepal is an instant process with a trusted financial service provider. 

Table Of Contents:

What is EMI and How Does It Work?
Why Choose Instant Mobile Loan in Nepal?
Quick and Easy Process
No Need to Pay Full Price Upfront
Monthly Budget/Finance Plan
No brokerage
How Can You Get a Mobile on EMI in Nepal?
Conclusion
FAQs

What is EMI and How Does It Work?

EMI stands for Equated Monthly Installments. In this payment system, the purchase cost is divided into smaller, manageable amounts that must be paid over the tenure period. For instance, if you want to buy a new mobile phone worth Rs. 45,000, but you cannot afford to pay the full amount upfront. Here, getting a mobile loan in Nepal can help you. You can choose an EMI plan with a flexible tenure period, where one must pay a certain amount upfront and the remaining in installments over time. 

How Does It Work?

Let’s say you want to buy a mobile that costs 60,000 rupees. With this EMI plan, you can borrow 36,000 rupees (which is 60% of the total cost) and pay it back over 3 to 12 months, with no interest. You would need to pay the remaining 24,000 rupees from your pocket upfront. For example, if you choose to repay the 36,000 rupees in 6 months, you would pay 6,000 rupees each month for 6 months, and there’s no extra charge since the loan has 0% interest.

Why Choose Instant Mobile Loan in Nepal?

Choosing an instant mobile loan in Nepal has numerous advantages:

Quick and Easy Process

The traditional loan process requires many documents and is time-consuming. It takes time to get approval. Meanwhile, getting a mobile loan in Nepal is an instant process. With just a few clicks on the website of a financial institution, you can check eligibility and apply for a loan in a minute. 

No Need to Pay Full Price Upfront

Paying all amounts upfront can create financial stress for many. Getting a mobile loan in Nepal helps one get the dream model even if they don’t have enough savings. This increases the freedom to buy expensive items that are impossible to buy otherwise. 

Monthly Budget/Finance Plan

Before getting a mobile loan in Nepal you can use the EMI calculator and see how much you’ll need to pay every month. Using the EMI calculator is a simple and quick process. You need to enter the loan and choose the tenure period and the calculator will show the estimated monthly installments in a few seconds. 

No brokerage

There is no involvement of a third party when taking a loan. You can easily get a loan from financial institutions. This direct connection ensures transparent transactions, handles negotiations, and avoids the delays caused by brokers. Also, it eliminates the risk of unexpected brokerage charges.  

How Can You Get a Mobile on EMI in Nepal?

To opt for Hulas Finserv’s Mobile loan in Nepal follow the below steps:

•  Head To Hulas Finserv’s website.

• Once you get navigated to the top of the page, click the ‘Consumer Electronics’ option.
• Scrolling down, you can see the option of ‘Check Eligibility’, click on it to see if you are qualified for the mobile loan.
• Gather all the required documents (only citizenship is required to take a loan from Hulas Finserv). 
• After that, click on  ‘Apply for the loan’ to proceed with the process.

At Hulas Finserv, with the mobile loan, you need to pay a 40% downpayment, meanwhile, the remaining 60% can be financed through the loan. The tenure period ranges from 3 to 12 months and this is a 0% EMI plan with no additional interest charges. 

Conclusion

Getting a mobile loan in Nepal is an instant process with Hulas Finserv. With a quick approval process, 0% interest charges, and a flexible repayment option you can own a premium mobile phone even if you don’t have enough savings. So, why wait? Visit the Hulas Finserv website, check your eligibility, calculate monthly installments through the EMI calculator, and apply for the mobile loan today. We will handle the rest. 

FAQs

How to apply for a mobile loan in Nepal?

Go to Hulas Finserv’s website. Click on “Consumer Electronics.” Scroll down and click “Check Eligibility” to see if you qualify for a mobile loan. Gather all the required documents, then click “Apply for the Loan” to continue.

What is an EMI calculator?

EMI calculator is a digital tool for calculating the monthly installment amount you need to pay for a loan. 

How much down payment is needed when taking a mobile loan in Nepal?

You need to pay 40% of the phone’s price upfront.