In this economy, buying products like appliances, mobile phones, laptops and the like have become near impossible to afford in one go because of the skyrocketing prices. If you’re not in the mood to take out all that cash in one go, then an installment plan is going to be a much better option for you!
Does Daraz Offer Installment Plans?
Yes! Daraz currently offers 0 markup, no down payment installment plans. However, there may be a processing fee for specific banks.
What Banks Offer Daraz Installment Plans?
Currently, Daraz offers installment plans with HBL, Silk Bank, MCB, and Bank Alfalah credit cards.
How Do Daraz Installment Plans Work?
Daraz installment plans are simple to follow. You should ensure that the product you are planning on purchasing has the option of installments available. You can check this by looking at the sidebar on the website, or the installment tab right beneath the product description on the app.
If installments are available and your product has a minimum value of Rs. 10,000 you may proceed to take advantage of the EMI plan.
All you need to do is select installment as your preferred payment method and input your card details as required. Once your order has been placed, it can take up to 7 days for your EMI plan to be activated.