Business

Naeem Electronics Installment Plan

Naeem Electronics Installment Plan 2024

Naeem Electronics is a top electronics retailer in Pakistan, offering a wide range of products including televisions, refrigerators, washing machines, air conditioners, and more. We make it easy for you to get the latest electronics with our convenient installment plans.

Naeem Electronics Installment Plan

Our installment plans allow you to buy electronics now and pay over time. We offer flexible terms with a focus on making your shopping experience simple and enjoyable.

Markup Rate

The markup rate for our installment plans is usually around 15%. This means that if you buy an item on installment, you’ll pay an extra 15% on top of the product’s price. For example, if a TV costs Rs. 100,000, you’ll end up paying Rs. 115,000 with the markup.

How It Works

  1. Choose Your Item: Pick the product you want.
  2. Select a Plan: Choose from installment terms of 6, 12, or 24 months.
  3. Apply: Visit our store or apply online. Provide basic details like your name, address, and ID, and proof of income.

Benefits

  • Immediate Ownership: Get the electronics you want without a large upfront payment.
  • Low Interest Rates: Enjoy affordable monthly payments with low interest.
  • Flexible Terms: Pick a payment term that fits your budget.

Naeem Electronics Scheme 3

Scheme 3 allows you to buy electronics with a 30% down payment and pay the remaining amount in 24 monthly installments at a 12% annual interest rate. You’ll need a valid ID and proof of income. For example, if you buy an item worth Rs. 100,000, you’ll pay Rs. 30,000 upfront and then 24 monthly payments.

Mobile Phones on Installment

If you’re looking to buy a mobile phone, our installment plan for 2023 makes it easy. You can get the latest phones without paying the full price upfront, and interest rates are low.

ACs on Installment

Our AC installment plan offers terms of 6, 12, or 24 months with a 12% annual interest rate. You need to make a 30% down payment. For example, if an AC costs Rs. 100,000, your monthly payment will be around Rs. 3,916.67 for a 24-month plan.

Bikes on Installment

We also offer installment plans for Honda 125cc bikes with terms of 6, 12, or 24 months at a 12% annual interest rate. A 30% down payment is required. For example, for a bike costing Rs. 80,000, you’ll make a 30% down payment and then monthly payments of about Rs. 3,125 for 24 months.

How to Apply

Contact us or visit a branch to apply for an installment plan. Provide your personal details, ID, and proof of income. We will assess your eligibility and guide you through the process.

Contact Us

  • Head Office: Saddar Cantt, Sialkot Cantonment, Sialkot, Punjab. Contact: +92 311 1315315
  • Lahore: Various branches including Iqbal Town, Gulberg, Johar Town, and more. Contact: 0315 6274939
  • Rawalpindi: Saddar, Raja Bazaar, Faizabad branches. Contact: 0301 7157753
  • Islamabad: Blue Area, G-11 Markaz, F-10 Markaz branches.
  • Faisalabad: Main Boulevard, Jinnah Colony, Saddar branches.
  • Sialkot: Saddar Cantt, Akbar Abad, Railway Road, DHA Phase 1 branches.

For more details on installment terms and rates, please contact us or visit our website.

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