In 2023, Samsung, backed by HFL (Hulas Fin Serve), launched the Insta Finance program providing a 0% interest rate financing service for customers to buy their favorite smartphones that cost over Rs 25 thousand. Now, Samsung has made Insta Finance even more straightforward. Now, you can buy a new Samsung Galaxy smartphone with the citizenship of the customer and their guarantor.
The previous arrangement was already hassle-free. However, the process did require a few more documentation works. But now, you can purchase a Samsung phone with your citizenship and two passport-sized photos each, of the customers and their guarantor. The service enables customers to get any Galaxy smartphone priced at Rs 20,000 and above within an hour of applying.
All you need to do is go to an authorized Samsung Insta Finance Store in the district that issued your citizenship. Then, apply to get your new Samsung Galaxy smartphone. The device comes at a 0% interest rate.
The program reflects the growing need for smartphones and unlocking ability for people to buy one. Financial strain can impede people’s plans to buy 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 rather 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 a 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 strive 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 is available in over 200 stores across Nepal
Samsung Insta Finance is available across over 200 stores across Nepal. The tech giant also plans to further extend the program across their network. The campaign, in essence, 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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Samsung brings exchange offer for Galaxy S24 series
Besides, Samsung has launched an exchange offer for its customers which allows them to trade in their older Galaxy phone for the latest Galaxy S24 series. With Enhanced Trade-in benefits, you can exchange your Galaxy phone with the latest flagship Samsung series. This offer is valid till April 30, 2024. Samsung brought this offer with trade partners Arkostore and SabKo Phone.
With this service, you will get an added bonus of Rs 5,000 in the valuation of your old S, N, or Z series Galaxy phones. Guess what! You can also trade in your older Apple smartphone in this rare offer with the same Rs 5,000 valuation on it. And while trading on a Samsung Galaxy A or M series device, you get a bonus of Rs 3,000.
How to get Samsung Insta Finance at a 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 a Samsung Galaxy 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.
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For any more queries on Samsung Insta Finance service and the brand’s products, let us know in the comments below.
