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Home National Islamabad

Govt Launches Interest-Free Installment Scheme to Buy Mobile Phones in Pakistan

by Ali Gulrez
November 23, 2022
in Islamabad, National, Technology
Reading Time: 2 mins read
A A
Mobile Phones Installments, Mobile Phones Interest Free Installments, Smartphones Installments, Smartphones Interest Free Installments

Govt Launches Interest-Free Installment Scheme to Buy Mobile Phones in Pakistan

Federal Minister for Information Technology (IT) and Telecom, Syed Amin-ul-Haque, on Wednesday launched a scheme in collaboration with KistPay, Smartphone For All, an initiative aimed at making technology more accessible by allowing low-income people to buy mobile phones (smartphones) at easy interest-free installments.

Mobile Phones Installments, Mobile Phones Interest Free Installments, Smartphones Installments, Smartphones Interest Free Installments
Govt Launches Interest-Free Installment Scheme to Buy Mobile Phones in Pakistan

According to the details, the Smartphone For All initiative has been launched in collaboration with Global System for Mobile Communications Association (GSMA) and Pakistan’s leading installment service, KistPay, a Buy Now Pay Later (BNPL), which is responsible for processing applications and providing the smartphones on easy interest-free installments.

Federal Minister Amin-ul-Haque said that anyone can obtain a mobile phone on interest-free installments by depositing 20-30 percent down payment through the scheme. He added that applicants will not have to provide any guarantees or go through a lengthy application process.

Furthermore, he said that Smartphone For All scheme will provide easy 3 to 12 months interest-free installments on mobile phones worth Rs. 10,000 to Rs. 100,000. He added that goal of this initiative was to make smartphones more accessible to people, who otherwise would not be able to afford them.

Read more: Top 5 Best Smartphones Under Rs. 50,000 in Pakistan.

Follow INCPAK on Facebook / Twitter / Instagram  for update.

Tags: Mobile Phones InstallmentsMobile Phones Interest Free InstallmentsSmartphones InstallmentsSmartphones Interest Free Installments
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Comments 6

  1. Muhammad asif says:
    2 years ago

    I am interested

  2. Shahzad Aslam says:
    2 years ago

    I am interest to buy android phone, please sent me requirements term and condition ..
    ThANKS

  3. FAISAL IJAZ says:
    2 years ago

    How to get this opportunity process’s free Mobile

  4. Muhammad Saad says:
    2 years ago

    Send me Requirment

    • Ali Gulrez says:
      2 years ago

      Please read the post and contact KistPay directly for details.

  5. Farooq Azam says:
    2 years ago

    AOA Sir, i am interest to buy android phone, please sent me requirements term and condition etc. thanks

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