Learn about phone installment programs from mobile companies with banks
Money Gateway conducted a comprehensive survey on the installment programs for smartphones and tablets provided by the four mobile companies operating in the Egyptian market (Vodafone, Orange and Etisalat) to their customers in cooperation with local banks, noting that the service is still not available for the fourth mobile network we owned by Telecom Egypt.
According to the indicators of the Ministry of Communications, the number of mobile customers increased during the first 9 months of 2019 from 93.4 million last January to 94.9 million last September, an increase of 1.5 million customers at once, and the mobile market achieved the highest increase in September after about 8 months of fluctuating performance Ascending and descending .
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Etisalat Misr provides a service of installments for smart phones and tablets for its customers or non-customers who hold CIB credit cards for a period of 12 months without down payment or interest, bearing in mind that the minimum price for each device is 500 pounds or more.
The installment service is available from Etisalat Misr in all the company’s branches (stores) nationwide. Those wishing for the installment service must bring a CIB credit card to complete the purchase process, provided that it is valid for use and has sufficient balance.
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Vodafone Egypt allows its customers to install smartphones and their accessories for 12 months from the Korean Samsung and Oppo and Xiaomi models, with great price discounts on devices through its official website, such as the Oppo F11 PRO phone at a price of up to 4990 pounds instead of 5690 pounds and Samsung A70 at 5499 pounds Instead of 6499 pounds.
The service is also provided by CIB.
3 - Orange Egypt
Orange Egypt offers an online smartphone installment service through its website, up to 36 months, to all its customers who hold credit cards from the National Bank of Egypt, Egypt, Emirates NBD and Oudah.
Read also “CIB” topped the executions of the Egyptian Stock Exchange within a weekThe company delivers the product free of charge to the customer’s home, bearing in mind that it is not possible to cancel the installment transaction process after it is made, except in the case of returning the commodity during the return period only, provided that it is referred directly to the bank.
The interest rate is also variable according to the bank to which the customer belongs, and installments are allowed according to the maximum limit of the customer’s credit card.