Vivo starts its EMI service in Nepal at a 0% interest rate, which now allows consumers to pay for Vivo smartphones (above Rs. 15,000) in an equated monthly installment. For that, Vivo, as of now, has tied up with Machhapuchre Bank Ltd. and Global IME Bank Ltd.
Vivo has been selling its entry to mid-range and premium level smartphones in Nepal and acclaims a very good number of consumers base. Like any other Chinese smartphone companies in Nepal, Vivo is known for offering value for money specifications to the consumers. However, unlike competitions, it seems to be unable to create a balance between the smartphones being launched and the price tags, but regular discounts and price drops do conceal this.
This new EMI service will allow consumers to own their favorite Vivo smartphone(s) and pay the monthly installment with no interest at all. Kudos to Vivo for this.
Finally, with competitions like Samsung, Huawei, Xiaomi, and even Nokia, being aggressive in introducing their smartphones in the Nepali market, more collaboration with Nepali e-commerce platforms such as Daraz and Sastodeal could certainly be worthy for Vivo.
