Apple iPhone 11 Installment Plans in Pakistan 2023

Are you looking for an easy way to get the Apple iPhone 11 in Pakistan. With so many new and exciting features, owning a new iPhone can be a costly investment. But with various installment plans now available in Pakistan, you will be able to enjoy all its benefits! In this post we’ll cover how you can get your hands on an Apple iPhone 11 by making use of these installment plans. You’ll learn about different options that may suit your requirements along with information on what companies offer these plans. Make sure to read through to the end as there are some helpful tips for those who decide to go down this route!

   

Apple iPhone 11 Installment Plans in Pakistan

Installment PlanMonthly Installment
Apple iPhone 11 128GB PriceRs.260,000
6 Months PlanRs43,300
9 Months PlanRs28,900
12 Months PlanRs21,650

Apple offers attractive installment plans for the iPhone 11 in Pakistan, making it easier for customers to own this premium device. Under these plans, customers can opt for a 6-month plan with a monthly installment of Rs43,300. Alternatively, they can choose a 9-month plan with a monthly installment of Rs28,900, or a 12-month plan with a monthly installment of Rs21,650. These plans offer flexibility and affordability, bringing the iPhone 11 within reach of more consumers.

Apple iPhone 11 On Installment in Pakistan With Standard Chartered Bank Zero Interest

MonthMonthly EMIMonthly Markup
3Rs. 73,3300.00%
6Rs. 36,6650.00%
12Rs. 18,3330.00%

To purchase the Apple iPhone 11 on installment in Pakistan with Standard Chartered Bank, start by deciding on your preferred tenure of 3, 6, or 12 months, keeping in mind that the monthly EMI and markup vary with each. For a 3-month tenure, the monthly Installment plan is Rs. 73,330 with no markup. For 6 months, the EMI drops to Rs. 36,665, again with no markup. The longest duration of 12 months offers an EMI of Rs. 18,333 with no markup.

An upfront payment is required. However, there are no processing fees for the first 3 months of your chosen tenure. For tenures of 6 and 12 months, conventional card holders will incur a processing fee of 2.5% for 6 months, and 7% for 12 months. Saadiq card holders will have a fixed processing fee of Rs. 9,500 for both 6 and 12 month tenures. Remember to plan your budget accordingly to ensure the installment plan suits your financial circumstances.

Apple iPhone 11 On Installment in Pakistan With UBL Bank Zero Interest

MonthMonthly EMIMonthly Markup
3Rs. 73,3300.00%
6Rs. 36,6650.00%
12Rs. 18,3330.00%

To get the Apple iPhone 11 on installment in Pakistan with UBL Bank, you must first be a client with the bank. If you are not one already, you can become one by opening an account with them. Once that is done, you can opt for the UBL 0% Interest installment plan.

The bank offers various tenures for the installment plan. The monthly EMI and markup for a 3-month tenure would be Rs. 73,330 with 0.00% interest. For a 6-month tenure, this becomes Rs. 36,665 per month, and for a 12-month tenure, the monthly EMI goes down to Rs. 18,333.

Please note that there is a one-time upfront payment for all tenures, which is the higher of 1.55% or Rs.600 + FED. Be sure to fully understand these interest rates and additional fees before committing to this financial agreement.

Apple iPhone 11 On Installment in Pakistan With MCB Bank

MonthMonthly EMIMonthly Markup
3Rs. 73,3300.00%
6Rs. 36,6650.00%
12Rs. 22,1161.72%
18Rs. 15,9961.72%
24Rs. 12,9891.74%
36Rs. 10,0761.80%

To buy an Apple iPhone 11 on installment in Pakistan with MCB Bank, you first need to choose your preferred plan based on the duration and monthly EMI. Available installment plans range from 3 to 36 months. For a 3-month plan, the monthly EMI is Rs. 73,330 without any markup. For a 6-month plan, the monthly EMI is Rs. 36,665, also with a 0.00% markup. For longer periods, a markup is added: 1.72% for 12 and 18 months, 1.74% for 24 months, and 1.80% for 36 months, with corresponding EMIs of Rs. 22,116, Rs. 15,996, Rs. 12,989, and Rs. 10,076 respectively. There is also a one-time upfront payment of either 3.0% of the total amount or PKR 700, whichever is higher.

Apple iPhone 11 On Installment With Bank Alfalah

MonthMonthly EMIMonthly Markup
3Rs. 73,3300.00%
6Rs. 40,7381.85%
12Rs. 22,4041.85%
18Rs. 16,2951.85%
24Rs. 13,2431.85%
36Rs. 10,1971.86%

To purchase the Apple iPhone 11 on installment in Pakistan with Bank Alfalah, you first need to clarify the number of months over which you want to pay the installments. The bank offers various installment plans ranging from 3 to 36 months. The monthly EMI and markup rates vary based on the chosen plan. For a 3-month plan, the EMI is Rs. 73,330 with a 0.00% markup. For a 6-month plan, the EMI is Rs. 40,738 with a 1.85% markup. For 12, 18, and 24-month plans, the monthly EMI is Rs. 22,404, Rs. 16,295, and Rs. 13,243 respectively, each with a 1.85% markup rate. For a 36-month plan, the EMI is Rs. 10,197 with a slightly increased markup rate of 1.86%.

Please note there is a one-time upfront payment, and a processing fee of 2.5% or Rs 1000 (whichever is higher) will be applicable per transaction amount plus Federal Excise Duty (FED).

Apple iPhone 11 Installment Plans Through Daraz.PK

If you’re considering buying the Apple iPhone 11 via installment plans, Daraz.PK offers flexible options to suit your budget. For a 3-month plan, you’ll pay monthly EMIs of Rs. 73,330 without any markup. The 6-month plan comes with a monthly EMI of Rs. 36,665, also at 0.00% markup. If you opt for a 12-month tenure, your monthly EMI will be Rs. 18,333, with no markup.

There’s an upfront payment you’ll need to make only once, and for the initial 3 months, there’s no processing fee to worry about. However, for tenures of 6 and 12 months, conventional cards will attract a processing fee of 2.5% and 7% respectively. For Saadiq card holders, a fixed fee of Rs.9,500 applies for both 6 and 12 months tenures.

MonthMonthly EMIMonthly Markup
3Rs. 73,3300.00%
6Rs. 36,6650.00%
12Rs. 18,3330.00%

How to get Apple iPhone 11 On Installment in Pakistan With Bank?

Obtaining an Apple iPhone 11 on installment in Pakistan is a fairly straightforward process and can be done through various banks.

  • Select a bank offering iPhone installment plans: Major Pakistani banks like meezan bank HBL, MCB, and UBL usually offer such plans. Visit their websites or contact them directly to ascertain if they currently have such offerings.
  • Check your Eligibility: Banks typically require that you hold an account with them for a certain period and have a stable income source. Make sure you fulfill these requirements.
  • Choose your Plan: Banks offer different installment plans varying in tenure and amount. Choose a plan that best suits your financial situation.
  • Apply for the Installment Plan: Visit your chosen bank’s branch or apply online, providing necessary documentation such as CNIC, salary slip, and proof of residence.
  • Approval and Purchase: Once your application is approved, you can purchase your iPhone 11 from authorized Apple retailers, using the bank’s credit card.

Remember, terms and conditions may vary by bank, so it’s essential to thoroughly understand the agreement before proceeding.

Conclusion:

To sum it up, the Apple iPhone 11 installment plans in Pakistan offer consumers a great opportunity to own an iPhone 11 at lower price points. Consumers can pick from a variety of plans that include weekly instalments, bi-weekly instalments and monthly instalments. The convenience of these installment plans is something that cannot be ignored, as they allow people to bring home phones like the iPhone 11 without having to opened their wallets up completely.

It’s also worth noting that the installment plans offer users peace of mind since they don’t have to worry about a large upfront expenditure and there are various payment options available, including cash and bank transfer. All in all, the installment plan for Apple’s iPhone 11 makes it easy for anyone living in Pakistan to purchase it at a fraction of its full cost!