Posted on -
Thursday, July 29, 2010
By VARIndia Correspondent
Nokia has launched its Easy EMI scheme that will allow customers to buy their favourite Nokia handset and accessories and pay for it in three equal monthly installments (EMI) at zero per cent interest. Customers can purchase a Nokia handset and accessories in the price range of Rs.7,000-Rs.35,000 under this offer.The scheme will be available across eight cities - Delhi, Mumbai, Bangalore, Kolkata, Hyderabad, Chennai, Ahmedabad and Chandigarh through over 176 Nokia Priority Partners (NPPs). Nokia has tied up with Citibank, HDFC Bank, Standard Chartered and ICICI Bank for the Easy EMI scheme and the offer will be available to consumers with credit cards from any of these four banks.Shankar Subramanian, Head - Retail, Nokia India, says, "Mobile customers today are far more evolved in their aspiration, expectation and usage of a mobile handset. This trend is visible across segments from entry to the high-end. Our insight shows that many customers don't end up buying their preferred handset model as it tends to be marginally above their pre-decided budget, making upfront payment difficult. Our easy EMI scheme at 0% interest addresses that challenge and will allow customers to actually buy the handset they desire."Service charges for the Easy EMI scheme will be borne by Nokia and the customer or the NPPs will bear zero cost on the EMI transaction. All NPPs across eight cities will have Point of Sale (POS) terminals from all the four partner banks allowing customers the choice of making the transaction with a credit card from any of the four banks.
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Nokia has launched its Easy EMI scheme that will allow customers to buy their favourite Nokia handset and accessories and pay for it in three equal monthly installments (EMI) at zero per cent interest. Customers can purchase a Nokia handset and accessories in the price range of Rs.7,000-Rs.35,000 under this offer.The scheme will be available across eight cities - Delhi, Mumbai, Bangalore, Kolkata, Hyderabad, Chennai, Ahmedabad and Chandigarh through over 176 Nokia Priority Partners (NPPs). Nokia has tied up with Citibank, HDFC Bank, Standard Chartered and ICICI Bank for the Easy EMI scheme and the offer will be available to consumers with credit cards from any of these four banks.Shankar Subramanian, Head - Retail, Nokia India, says, "Mobile customers today are far more evolved in their aspiration, expectation and usage of a mobile handset. This trend is visible across segments from entry to the high-end. Our insight shows that many customers don't end up buying their preferred handset model as it tends to be marginally above their pre-decided budget, making upfront payment difficult. Our easy EMI scheme at 0% interest addresses that challenge and will allow customers to actually buy the handset they desire."Service charges for the Easy EMI scheme will be borne by Nokia and the customer or the NPPs will bear zero cost on the EMI transaction. All NPPs across eight cities will have Point of Sale (POS) terminals from all the four partner banks allowing customers the choice of making the transaction with a credit card from any of the four banks.
