How to Buy iPhones in EMI in Nepal?

GP Chudal

How to Buy iPhones in EMI in Nepal?

In today’s fast-paced world, owning a smartphone is almost a necessity. iPhones, known for their quality and performance, are a popular choice among consumers worldwide. If you’re in Nepal and want to own an iPhone without breaking the bank, buying one in Equated Monthly Installments (EMI) could be a smart choice. In this blog post, we’ll guide you through the process of buying iPhones in EMI in Nepal. Apple iPhones are one of the most popular smartphones in Nepal, but they can also be quite expensive. If you’re looking to buy an iPhone but don’t have the full amount upfront, there are a few ways to buy it in EMI in Nepal.


Understanding EMI:

EMI, or Equated Monthly Installment, is a convenient way to make expensive purchases more manageable by spreading the cost over several months. In Nepal, EMI options are available for various products, including iPhones. It is a type of loan that allows you to spread the cost of a purchase over a period of time, usually 12 to 24 months. You will need to pay a monthly installment to the lender until the loan is repaid. You can calculate EMI using our EMI Calculator Tool for free.

Where can I buy an iPhone in EMI in Nepal?

There are a few different places where you can buy an iPhone in EMI in Nepal. Some of the most popular options include:

  • Online retailers: Several online retailers in Nepal offer EMI on iPhones, such as EvoStore, Oliz Store, and Fatafat Sewa.
  • Authorized Apple resellers: Some authorized Apple resellers in Nepal also offer EMI on iPhones. You can find a list of authorized Apple resellers in Nepal on the Apple website.

What are the requirements for buying an iPhone in EMI in Nepal?

The requirements for buying an iPhone in EMI in Nepal will vary depending on the lender. However, most lenders will require you to meet the following criteria:

  • Be of legal age (18 years or older)
  • Have a valid Nepali citizenship certificate or voter’s ID
  • Have a steady source of income
  • Have an active bank account
  • Have a credit card
  • Have a good credit score

Some lenders may also require a down payment.

Things to keep in mind when buying an iPhone in EMI in Nepal

Here are a few things to keep in mind when buying an iPhone in EMI in Nepal:

  • Interest rates: EMI loans typically have interest rates ranging from 10% to 12%. Be sure to compare interest rates from different lenders before choosing one.
  • Down payments: Some lenders may require a down payment when buying an iPhone in EMI.
  • Processing fees: Some lenders may also charge processing fees for EMI loans.
  • Late payment fees: If you miss an EMI payment, you may be charged late payment fees.
  • Credit score: A good credit score will help you get approved for an EMI loan and get a lower interest rate.

Steps to buy an iPhone in EMI in Nepal

Step 1: Choose the iPhone Model: First and foremost, decide which iPhone model you want to purchase. Visit the official Apple website or authorized retailers to explore the available options. Keep in mind your budget and requirements when making this decision.

Step 2: Check EMI Availability: Not all retailers offer EMI options for iPhones. To find out which ones do, visit the official websites of authorized Apple resellers in Nepal or contact them directly. It’s essential to verify this information to ensure a hassle-free EMI purchase.

Step 3: Verify Eligibility: Retailers typically have specific eligibility criteria for customers interested in purchasing iPhones on EMI. These criteria may include a minimum purchase amount, a valid identification document, and a stable source of income. Make sure you meet these requirements before proceeding.

Step 4: Visit the Store: Once you’ve chosen the iPhone model and confirmed EMI availability, visit the authorized retailer’s store in person. Discuss your interest in purchasing the iPhone in EMI and provide the necessary documents for verification.

Step 5: Select the EMI Plan: Retailers often offer various EMI plans with different tenures and interest rates. Choose the plan that suits your budget and preferences. It’s crucial to understand the terms and conditions of the EMI plan, including the interest rate, processing fees, and repayment schedule.

Step 6: Documentation: To initiate the EMI purchase, you’ll need to complete the required paperwork. This typically includes filling out an application form and providing a copy of your identification document, proof of address, and income details. Ensure that all information is accurate and up-to-date.

Step 7: Approval and Payment: After submitting your application, the retailer will review your documents and creditworthiness. Once approved, you will need to make an initial down payment, if required, and sign the EMI agreement. Payments will be automatically deducted from your bank account on a monthly basis.


Buying an iPhone in EMI in Nepal is a practical way to own the latest Apple device without putting a strain on your finances. Remember to research your options, choose a suitable EMI plan, and provide accurate documentation to ensure a smooth transaction. By following these steps, you can enjoy the benefits of owning an iPhone while managing your budget effectively.

For more information and specific EMI offers, you can visit the official website of Apple’s authorized retailers in Nepal, such as EvoStore, Oliz Store, and Fatafat Sewa.

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Disclaimer: The information provided in this blog post is for informational purposes only. Please verify the latest EMI options and terms with the authorized retailers or financial institutions in Nepal to ensure accuracy and up-to-date information.

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