Mobile phone financing has become increasingly popular in Pakistan as flagship smartphones reach PKR 500,000. You can now buy your dream phone today and pay later in flexible monthly installments by choosing from an array of installment plans from banks and retailers.
To help you choose the right phone installment plan according to your budget and credit profile, we provide an overview of the best phone installment plans in Pakistan for 2025.
Why Choose Mobile Phone Financing?
Installment plans are beneficial in several ways:
- Zero upfront payment: Smartphones can be owned without paying full price.
- Flexible tenure: Most plans last between 3 and 36 months.
- 0% markup options: Several banks offer limited-time 0% EMI programs.
- Build your credit history: Paying on time can help you qualify for larger loans down the road.
It is now possible to finance both salary account and credit card customers.
Installment plans with banks
Apple, Samsung, Oppo, Vivo, and Xiaomi phones are all eligible for 0% installment plans from HBL for up to 12 months.
- Tenure: 3, 6, 9, or 12 months
- Minimum purchase: PKR 15,000
- HBL Konnect App or HBL Credit Card
Read More: Best Credit Cards for Freelancers & Online Shopping in 2025
Users can split payments over three to 24 months with MCB’s “Easy Monthly Installment” program.
- Accepted at authorized dealers and online platforms like Daraz and Mega.pk
With SCB, cardholders can take advantage of 0% EMI for up to 12 months. From partner outlets, customers can purchase iPhones, Samsung Galaxy models, and Realme models.
Bank Alfalah EPP (Easy Payment Plan)
An important financing program in Pakistan is Bank Alfalah’s EPP.
- Up to 18 months tenure
- Supported brands: Apple, Samsung, Tecno, Infinix, Vivo, Oppo
- A 0% markup campaign has no hidden fees.
Offers for telecom & retail installments
Jazz Cash & Daraz Easy Installments
Customers of Jazz Cash can purchase phones through Daraz Mall using the “Buy Now, Pay Later” option.
Alfa Mall (Bank Alfalah Online Store)
For credit card customers, Alfa Mall offers instant approval with no processing fees.
- As low as PKR 45,000/month for 12 months on iPhone 17 Pro Max (256 GB)
- Around PKR 32,000/month for Samsung S25 Ultra
EasyPaisa Phone Financing
A new feature of EasyPaisa Financing is the extension of “micro installments” to mid-range smartphones (under PKR 100,000). No credit card is required to get approved—approval is instant via CNIC and mobile verification.
Document & Eligibility
Mobile financing plans generally require the following:
- CNIC (front & back copy)
- Payslips or bank statements recently issued
- (Copy of a bill or lease)
- Active mobile number and email
Salary-account holders may require 1–2 days for approval; credit card customers can apply instantly.
Read More: Top Personal Loan Apps with Lowest Interest Rates in 2025
Expected Markup Rates (2025 Snapshot)
| Provider | Minimum Tenure | Max Tenure | Markup Rate | Key Highlight |
|---|---|---|---|---|
| HBL | 3 mo | 12 mo | 0% – 1.5% | Credit Card holders only |
| Bank Alfalah | 3 mo | 18 mo | 0% – 1.7% | Alfa Mall exclusive offers |
| MCB | 3 mo | 24 mo | 1.3% | Long tenure flexibility |
| SC Bank | 3 mo | 12 mo | 0% | 0% EMI on select retailers |
| EasyPaisa | 3 mo | 9 mo | ~ 2% | CNIC-based approval |
Checklist for Applicants
(Markup and processing fee included)
Keep the PTA warranty valid by verifying authorized dealers.
Terms & Conditions for early settlement & cancellations
Grey-market phones may not be PTA-approved.
Before choosing a paid plan, use 0% offers first.
Conclusions
Premium smartphones are becoming more affordable in Pakistan. It is possible to finance your device with installments without straining your budget. Banks, Alfa Malls, and mobile wallet services offer EMI plans.
In 2025, more banks and fintech applications will offer BNPL (Buy Now Pay Later) options. Compare offers before enrolling to avoid hidden charges.
