This payment model, adopted by companies like
Apple and
Samsung, has done wonders for their sales and it is now being picked up by
Nokia. Yes, you can get yourself a spanking new Nokia Lumia 925 mobile phone on an easy instalment scheme. The 3G-ready, 8MP camera-driven mobile phone can be picked up by customers without any down payment or processing fee. Banks like HDFC, Axis, Standard Chartered, ICICI and
SBI have tied up with Nokia for the deal.
But there is a catch. A buyer must have a credit card with any of these banks and will have to use that to pay for six equal monthly instalments (
EMI). However, users don’t have to pay any interest on the instalments. This might prove to be a good move for Nokia as the same payment module has done wonders for some of its rivals. The scheme will be available only at a few select
Nokia Priority Partners stores and multi-brand outlets across India.