EMI Service

Process and step to purchase the Product in Installment

The customer must have a credit card from the banks connected to Neoteric Pvt. Ltd.

  • The customer has to choose the product available within Neostore with a minimum starting range of Rs. 25,000/- amount
  • Once they confirm the product, Neostore will send a quotation to the customer’s name with full details of the product and with MOP Price.
  • The customer has to provide the given quotation to the bank for further EMI conversion process.
  • Bank will provide DO (Delivery Order) to the customer once all the documents are completed.
  • Customer brings in the DO to any of our outlets and gets the product s/he has purchased.

EMI Calculator

– Up to 80% finance of the Product cost as stated in the Invoice prepared by Neoteric Pvt. Ltd.

– 0% Loan Administration Fee

– 12% Interest Rate

– Payable over a period of up to 36 months

– Minimum loan amount of NPR 25,000/- to maximum loan amount of 200,000/-

Apply for Credit Card here

– Up to 100% finance of the Product cost as stated in the Invoice prepared by Neoteric Pvt. Ltd.

– 0% Loan Administration Fee

0 % Interest Rate

– Payable over a period of up to 12 months

– Minimum loan amount of NRP 20,000/- to the maximum loan amount of 1.5 times of approved Credit Card Limit.

Apply for Credit Card here

– Up to 90% finance of the Product cost as stated in the Invoice prepared by Neoteric Pvt. Ltd.

– 0% Loan Administration Fee

– 0% Interest Rate

– Payable over a period of up to 12 months

minimum loan amount of NPR 30,000/- (Thirty Thousand Only) to maximum loan amount of NPR 500,000/-

Apply for Credit Card here

The following terms & conditions apply to EMI.

  • Neoteric Private Limited facilitates Equated Monthly Installments (“EMI”) payment method on purchases worth Rs 25,000 – Rs. 2,00,000.
  • The interest rate varies from 0% – 12% as per plan.
  • For the EMI facility, you should buy products from the nearest Neo Store.
  • The EMI facility is available for Dell Laptops only.
  • The EMI facility is not available on categories like Computer Accessories (Mouses, Keyboards, Mouse & Keyboard, Memory Products), Essentials (Cables & Adapters, Power Accessories), Audio (Speakers, Headphones, Earphones), Printers & Scanners, Cameras (Home Security Camera, Webcams), Computers (Monitors, Desktops), Others (Laptop Bag, Presentation Remote, Gamepad Smart Watches).
  • The EMI facility is being offered by the respective banks to the customer and Neoteric Private Limited has no role to play in the approval, extension, pricing, modification, pre-closure, closure, or any matter incidental thereto pertaining to the offering of the EMI facility, which is decided at the sole discretion of the bank.
  • The EMI facility is offered by the banks to the customers is governed by the respective terms and conditions of each bank/issuer and the customer is advised to approach the bank/issuer in case of any complaint, dispute, or inquiry about an EMI transaction.
  • Neoteric Private Limited reserves the right to stop facilitating this service without any prior notice.