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HSN Easy Monthly Installment

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Down Payment:

At homeshopping.pk, we believe that dreams are priceless. Striving to deliver dreams to customers, homeshopping.pk proudly presents 'HSN Flex Pay' for our beloved customers of Karachi and Lahore.'HSN Flex Pay' allows the customers of Karachi and Lahore to purchase each and every single thing that is available for sale on your favorite online website homeshopping.pk

Any item worth above Rs. 10,000/- can be leased from homeshopping.pk to avail the lease facility on our wide range of products available under our online roof, homeshopping requires 1 day for verification with the delivery following the next day. Best of all, there is no FEE whatsoever for our easy installment plans We would however, need a guarantee of atleast one friend or relative.

Hence if the amount exceeds Rs. 100,000/- a cheque from the guaranteer could be asked.To facilitate the lease for the sake of our customers, post-dated cheques of amount of installments would be taken.Our Lease Plans target a wide range of customers, and accordingly our lease plans can vary from 3 months and can go up to 18 months.

A brief explanation of our Lease Plans:

Per month = 3.5%

Respectively,

Installment

For 3 months = 12%

Assuming the amount to be leased is Rs. 100,000/-
Total Amount owing in 3 months = Rs. 100,000 x 1.12 = Rs.112,000/-
Installments payable at each months end for 3 months = Rs. 112,000 / 3 = Rs. 37333/-

For 6 months = 24%

Assuming the amount to be leased is Rs. 100,000/-
Total Amount owing in 6 months = Rs. 100,000 x 1.24 = Rs. 124,000/-
Installments payable at each months end for 6 months = Rs. 124,000 / 6 = Rs. 20666/-

For 12 months = 42%

Assuming amount to be leased is Rs. 100,000/-
Total Amount owing in 12 months = Rs. 100,000 x 1.42 = Rs. 142,000/-
Installments payable at each months end for 12 months = Rs. 142,000 / 12 = Rs. 11834/-

For 18 months = 63%

Assuming amount to be leased is Rs. 100,000/-
Total Amount owing in 18 months = Rs. 100,000 x 1.63 = Rs. 163,000/-
Installments payable at each months end for 6 months = Rs. 163,000 / 18 = Rs. 9056/-

In case of any down payment at the inception of lease, %age applied will only be on the amount remaining.

Hence:

For 6 months = 24%

Assuming the amount to be leased is Rs. 100,000/-

Down Payment paid at inception of Lease = Rs. 30,000/-

Total Amount owing in 6 months = Rs. (100,000 - 30,000) x 1.24 = Rs. 86800/-

Installments payable at each month end for 6 months = Rs. 86800 / 6 = Rs. 14466 /-

Your dreams, your convenience, your favorite website.

Homeshopping.pk : Delivering the world at your doorstep

(Homeshopping reserves the right to approve or disapprove any application without giving any reason)

If you wish to buy a product on installments place your order and mention in order comments section that you want installments and also mention for how many months you need it for.