How to buy mobile and electronics on EMI in Nepal: A complete guide

Introduction

What's EMI (equated monthly installment)?

EMI is a payment method that allows you to buy something now and pay for it later in small monthly amounts. You can divide the total cost into equal monthly payments over a fixed period (like 3 months, 6 months, or 12 months).

There are two types of EMI service

• Credit card
• Non-credit card

1. Credit card

Credit card EMI means using your credit card to buy something expensive (like a mobile, laptop, or TV) and then paying it back in fixed monthly instalments instead of paying the full amount at once.

How It Works:

• Choose a product and ask for EMI payment at checkout.
• Use your credit card from a Nepali bank.
• Select EMI duration (3, 6, 9, or 12 months).
• The bank converts the full amount into equal monthly payments.
• Monthly EMI gets auto-deducted from your card account.

Banks That Offer Credit Card EMI in Nepal:

• Nabil Bank
• Global IME Bank
• Sanima Bank
• Siddhartha Bank
• Everest Bank
• HBL Bank
• Himalayan Bank
• NMB Bank
• Standard Chartered
  

Benefits:

• No need to pay full price at once
• Easy monthly payments
• Sometimes 0% interest offers
• Great for buying phones, laptops, TVs, etc.

Things to Remember:

• Must have a valid credit card.
• Some banks may charge interest or a processing fee.
• Late payment = penalty + bad credit score.
• The EMI period is fixed—you can’t skip or delay.

2. Non-credit card

Non-credit card EMI means you can buy electronics or a mobile without using a credit card and still pay in monthly installments.

Where You Can Get Non-Credit Card EMI in Nepal:

• Online platforms, e.g., Sinja Commerce Pvt. Ltd 
• Mobile/Electronics Stores

How It Works:

• Choose the item (phone, laptop, TV, etc.)
• Ask for an installment plan without credit card
• Fill out the form and submit documents
• Get EMI plan approved (usually 0–3 days)
• Pay monthly via wallet, cash, or bank
  

If you find these processing steps confusing, you can get help from retailers customer service. Here in Sinja, you can reach us via Facebook Messenger or WhatsApp (+977 9820199553).

EMI Plan Details:

It's simple and transparent. You can now buy the Nothing Phone on easy EMI with the following features:

• 40% Down Payment
• 60% In EMI
• 0% Interest
• No Service Charges
• No Credit Card Required
• No Hidden Charges
• Quick Same-Day Processing

Required Documents:

• Citizenship Certificate Copy or  National Identity Card
• Two passport-size photos
• Citizenship Certificate Copy of Guarantor
• One passport-size Photo of the Guarantor

What You Need for Non-Credit EMI:

• Citizenship/Valid ID
• Salary slip or proof of income
• PAN card (some stores ask)
• Down payment (some stores take 10–30%)
• Mobile number registered with KYC

Things to Keep in Mind:

• Most non-card EMI comes with interest.
• Some require a down payment (like Rs. 10,000 upfront).
• Approval depends on your income and documents.
• It might take longer than a credit card EMI.