Instalment Plans of iPhone 7 in Pakistan at 0% Markup

As iPhone 7 and iPhone 7 Plus have officially been launched in Pakistan on November 11, two of the commercial banks have rolled out their installment plans facilitating their customers to get iPhone 7 in Pakistan at 0% markup.

Standard Chartered Bank and United Bank Limited have announced installment plans for their credit card holders. The entire process has been kept very simple and easily understandable.

SCB Instalment Plan

The Standard Chartered Back have announced a 3 to 36 months installment plans of which the 3 to 12-month plans are offered at 0% markup for their credit card customers. The bank has partnered with FutureTech – the official iOS reseller in Pakistan, for these sales. It is important to note that the bank has disclosed a little higher price tag than it was announced by FutureTech.

For instance, in addition to being an SCB credit card holder, you will agree to pay the price of Rs. 1900, Rs. 2200 and Rs. 2400 additional to the original value for iPhone 7 having 32 GB, 128 GB and 256 GB memory respectively. Likewise, iPhone 7 Plus will cost you additional Rs. 2200, Rs. 2500 and Rs. 2800 for 32 GB, 128 GB and 256 GB respectively.

iPhone 7

iPhone 7 Plus

SCB Price FutureTech Price Difference SCB Price FutureTech Price Difference
32 GB Rs. 87,400 Rs. 85,499 +1,901 103,100 Rs. 100,899 +2,201
128 GB Rs. 100,600 Rs. 98,399 +2,201 116,300 Rs. 113,799 +2,501
256 GB Rs. 113,700 Rs. 111,299 +2,401 129,600 Rs. 126,799 +2,801

Check full detail in the following pamphlet. Click the image to enlarge.

scb-instalment-plan

UBL Instalment Plan

Like SCB, the United Bank Limited UBL have also announced 3 to 36 months instalment plans for their credit card holders who desire to buy the latest tech giant from Apple. The bank has offered 0% markup on 3 to 6 months plans only. The UBL has also offered the same price as we have mentioned above for the SCB plans – a little more than the official price tags of iPhone 7 and iPhone 7 Plus.

The real difference seems to be the 12-month plan offered by SCB on 0% markup while the UBL limits the same markup to 6-month plan. On the longer run if you opt to the 36-month plan, the UBL would be a better choice as you’ll have to pay an extra Rs. 53,000 for iPhone 7 Plus 256 GB as compared to SCB’s markup of Rs. 93,000.

iPhone 7

iPhone 7 Plus

UBL Price FutureTech Price Difference UBL Price FutureTech Price Difference
32 GB Rs. 87,400 Rs. 85,499 +1,901 103,100 Rs. 100,899 +2,201
128 GB Rs. 100,600 Rs. 98,399 +2,201 116,300 Rs. 113,799 +2,501
256 GB Rs. 113,700 Rs. 111,299 +2,401 129,600 Rs. 126,799 +2,801

Check full detail in the following pamphlet. Click the image to enlarge.

ubl-instalment-plan
ubl-instalment-plan

If you have credit card of SCB or UBL, you have a chance to get iPhone 7 or iPhone 7 Plus on instalments at 0% markup. Pick up your phone and place a call on 111-002-002 or 111-825-888 for respective banks.

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