Pakistani mobile prices have increased, PTA taxes have increased, and currency fluctuations have made it more challenging to purchase a new smartphone. If you pay in advance, most flagship phones cost over PKR 300,000, making them out of reach for most buyers. EMIs are mobile on installments plans. Pakistani banks and online retailers offer flexible installment plans, so you can spread the cost of a smartphone over 3, 6, 9, or even 12 months.
This guide will cover:
- Pakistan’s popularity of EMI.
- Banks that offer mobile installments.
- EMI-friendly online stores.
- Examples of iPhone and Android installation.
- Buying on installments: pros and cons.
- Pakistani buyers’ FAQs.
Pakistan’s Popularity of Mobile on Installments
- There is an increase in mobile phone prices flagship phones cost over PKR 300,000; even mid-range phones from Vivo, Oppo, and Infinix now cost PKR 60K to 90K.
- On imported phones, PTA tax adds PKR 35,000 to 90,000.
- Problems with currency inflation buying lump sums is difficult.
- Offers 0% markup for 3–6 months (in some cases).
- There are several e-commerce platforms offering easy EMI options, including Daraz, PriceOye, and Homeshopping.
Need More Article About: Mobile on EasyPaisa Installment 2025
Best Banks Offering Mobile on Installments in Pakistan
1. Bank Alfalah Easy Installments
- Tenure: 3, 6, 9, or 12 months.
- 0% markup available on some phones.
- Accepted in Alfalah Orbit Mall and partner stores.
- Compatible with iPhones, Samsungs, Oppos, Vivos, and Xiaomis.
2. HBL (Habib Bank Limited) EMI
- 3–12 month plan.
- PriceOye, Daraz.pk, and Apple resellers carry it.
- Select mobiles are often offered with 0% markup for 3–6 months.
3. Meezan Bank (Islamic EMI – Bai Muajjal)
- Shariah-compliant installment plans.
- 3, 6, 9, and 12-month options.
- Daraz, Oppo, and Samsung official stores carry it.
4. UBL (United Bank Limited)
- Flexible installment plans for mobiles.
- Offers EMI purchases at PriceOye and Homeshopping.pk.
- 0–5% markup depending on model.
5. Standard Chartered Bank
- EMI plans for iPhones, Samsung, Oppo, and Huawei.
- Tenure: 3–12 months.
- Often partners with Apple resellers.
Mobile on Installments E-commerce Stores
1. Daraz.pk EMI
- Works with HBL, Alfalah, Standard Chartered, and Silk Bank.
- 0% markup available for some banks.
- Covers iPhones, Samsung, Vivo, Oppo, Infinix, Realme, and Xiaomi.
2. PriceOye.pk Installments
- EMI via Bank Alfalah, HBL, Meezan, and UBL.
- Popular for iPhone and Samsung flagship installment plans.
- EMI calculator on product pages.
3. Homeshopping.pk EMI
- 3–12 month installment plans.
- Works with Alfalah, HBL, and UBL.
- Popular for imported phones like Google Pixel and iPhones.
4. Mega.pk EMI
- EMI supported with Bank Alfalah and HBL.
- Covers iPhone, Samsung, Oppo, and Vivo.
- Installment options up to 12 months.
5. iShopping.pk EMI
- Bank EMI programs with Alfalah and Meezan.
- Available for iPhones, gaming phones, and laptops.
Mobile On Installments Plans for Popular Phones
| Mobile | Price (PKR) | 3 Months EMI | 6 Months EMI | 12 Months EMI |
|---|---|---|---|---|
| iPhone 16 Pro Max (512GB) | 560,000 | ~186,600 | ~94,000 | ~48,000 |
| Samsung Galaxy S25 Ultra | 445,000 | ~148,300 | ~74,500 | ~38,000 |
| Google Pixel 10 Pro XL | 380,000 | ~126,600 | ~63,000 | ~32,000 |
| Vivo V30 Pro | 135,000 | ~45,000 | ~22,500 | ~11,500 |
| Infinix Zero 40 | 68,000 | ~22,600 | ~11,300 | ~6,000 |
The advantages of buying on installments
- Payable monthly easier for salaried employees.
- Save money if there are bank promotions.
- With iPhones & Pixels, you no longer need full cash.
- A range of tenures is available from 3 months to 12 months.
- Provides both online and offline options for e-commerce and retail.
EMI’s disadvantages in Pakistan
- On long-term loans, some banks charge 5–10% markup interest.
- EMI is mostly available to credit card holders.
- EMI is not available on all mobiles due to limited stock.
- Some EMI requests take two to five working days for approval.
Pakistani Tips for Buying Mobiles on Installments
- Confirm PTA approval before making an EMI purchase.
- Choose EMI offers with 0% markups (usually 3–6 months).
- Daraz, PriceOye, and Homeshopping EMI offers compared.
- Low-fee banks are the best choice.
FAQs – Mobile on Installments in Pakistan
Can I buy an iPhone in Pakistan on installments?
EMI is available through Daraz, PriceOye, Alfalah, HBL, and UBL.
Is a credit card required for mobile on installments plans?
Some e-commerce stores offer cardless installment plans instead of credit cards.
Which banks offer 0% markup EMIs?
Standard Chartered, Bank Alfalah, and HBL offer mobiles with 0% EMI.
Q4: Is EMI available for budget phones like Infinix and Tecno?
Yes, Daraz and PriceOye offer EMI for mid-range and budget phones.
Is EMI available on imported phones like Google Pixel?
PTA tax is included in Homeshopping &;PriceOye only.
Conclusion
Due to rising smartphone prices in Pakistan, installment plans (EMIs) have become an increasingly popular option. You can buy a premium smartphone from HBL, Alfalah, UBL, or Meezan and an affordable Infinix or Vivo from Daraz, PriceOye, Homeshopping, or Mega.pk.
It’s best to go with 0% markup EMI plans, compare multiple offers, and ensure the device is PTA-approved before purchasing.
By 2025, many Pakistanis will be purchasing mobile phones on installments as a necessity rather than a luxury. E-commerce stores and banks offer flexible options for owning your dream phone.
