Instalment plan

[aruna1]

ganan wadi item ekak (example 120000) credit card eke 12 month 0% intereste rate denawa nam ehema ganna eke laabayak thiyeda?

 

[jsandun]

Gold වගේනම් ලාබයි , අනිත් ඒවල ලාබයක් කියල එකක් නෑනේ 120,000 ක භාණ්ඩයක් 120,000 අතේ නැතුව ගන්න පුළුවන් පහසුවක් නේ තියෙන්නේ

 

[aruna1]

Gold වගේනම් ලාබයි , අනිත් ඒවල ලාබයක් කියල එකක් නෑනේ 120,000 ක භාණ්ඩයක් 120,000 අතේ නැතුව ගන්න පුළුවන් පහසුවක් නේ තියෙන්නේ

Habayi mudale watinakama awa pramanaya wena nisa wasi nadda

 

[ywicky]

i think its worth it

 

[Sanuka87]

වාසියක් තියෙනවා මචන්. 0% interest ගෙවන්න ගන්නවා කියන්නේ උඹට ඒ සල්ලි බැංකුවේ fixed කලොත් 12% වගේ පොලියක් අවුරුද්දකට ගන්න පුළුවන්. ඒ කියන්නේ අවුරුද්ද අන්තිම වෙද්දී Rs.12,000 ක් ලැබෙනවා. සල්ලි ඔක්කොම එක සැරේ දීල ගත්තොත් එහෙම බෑ. ඒ නිසා වැඩි කාල සීමාවකට ගෙවන්න ගන්න ලැබෙන එක වාසියි.

(concept of time value of money)

 

[DCloser_3]

මට නම් හිතෙන්නේ ලාභයක් තියනවා.
කාලෙත් එක්ක මුදලේ වටිනාකම අඩු වෙනවා. (Inflation). ඒක නිසා අපි ඇත්තටම ගෙවන්න ඕනෙ ගාන අඩුයි කියලා මට හිතෙන්නේ.

 

[nethumshan]

Gold වගේනම් ලාබයි , අනිත් ඒවල ලාබයක් කියල එකක් නෑනේ 120,000 ක භාණ්ඩයක් 120,000 අතේ නැතුව ගන්න පුළුවන් පහසුවක් නේ තියෙන්නේ

 

[aruna1]

මට නම් හිතෙන්නේ ලාභයක් තියනවා.
කාලෙත් එක්ක මුදලේ වටිනාකම අඩු වෙනවා. (Inflation). ඒක නිසා අපි ඇත්තටම ගෙවන්න ඕනෙ ගාන අඩුයි කියලා මට හිතෙන්නේ.

Dan ethakota credi card company ekata labayak enne kohomda?

 

[GAMAAD]

Those are traps, Its true 120,000.00 to be paid in equal amounts in 12 months with no %. But after the credit card grace period ( 40 days or 50 days ) they will add % on pending payment. Your Rs 120,000.00 once added to the Credit card, most probably after first installment ( for around Rs 100,000.00 ) bank will keep on adding charges for the balance payment. So you will end up paying indirect %.

 

[Sanuka87]

Those are traps, Its true 120,000.00 to be paid in equal amounts in 12 months with no %. But after the credit card grace period ( 40 days or 50 days ) they will add % on pending payment. Your Rs 120,000.00 once added to the Credit card, most probably after first installment ( for around Rs 100,000.00 ) bank will keep on adding charges for the balance payment. So you will end up paying indirect %.

Are you sure about this? I don't think so. I have bought a number of items with this plan.

 

[DCloser_3]

Dan ethakota credi card company ekata labayak enne kohomda?

මට හරියටම ශුවර් නෑ. හැබැයි credit card company එකට ලාභයක් එන්නේ instalments පරක්කු උනාම ගෙවන්න වෙන late fee charges වලින් සහ annual card fee එකෙන්.

 

[ucakila]

Those are traps, Its true 120,000.00 to be paid in equal amounts in 12 months with no %. But after the credit card grace period ( 40 days or 50 days ) they will add % on pending payment. Your Rs 120,000.00 once added to the Credit card, most probably after first installment ( for around Rs 100,000.00 ) bank will keep on adding charges for the balance payment. So you will end up paying indirect %.

No. This happens if the payment is not properly converted to the installment plan. you need to call the bank and make sure its properly converted to the installment plan. this happenned to me and called the bank to get it converted. luckily i noticed it before paying any interest for the 2nd month

 

[Sanuka87]

No. This happens if the payment is not properly converted to the installment plan. you need to call the bank and make sure its properly converted to the installment plan. this happenned to me and called the bank to get it converted. luckily i noticed it before paying any interest for the 2nd month

I just started a new installment plan. Could you please explain how this conversion to be done? I thought it's automatically added.

 

[bulletproof]

Even they call it's 0% interest I think they put the price tag with added interest in it. For most electronic items that is the case. If you can get the installment plan for cash price then it's really worth.

 

[ucakila]

I just started a new installment plan. Could you please explain how this conversion to be done? I thought it's automatically added.

it doesnt happen automatically. call the card center and ask them to convert it to the installment plan. they'll do the rest. if properly converted, the amount is shown separately as "installment plan" in credit card statement

 

[rayrox]

Those are traps, Its true 120,000.00 to be paid in equal amounts in 12 months with no %. But after the credit card grace period ( 40 days or 50 days ) they will add % on pending payment. Your Rs 120,000.00 once added to the Credit card, most probably after first installment ( for around Rs 100,000.00 ) bank will keep on adding charges for the balance payment. So you will end up paying indirect %.

This can't be true machan. If we are not able to pay the monthly installment before the period, then YES, there can be some circumstances.

 

[rayrox]

it doesnt happen automatically. call the card center and ask them to convert it to the installment plan. they'll do the rest. if properly converted, the amount is shown separately as "installment plan" in credit card statement

Agree machan!

I recently bought some stuff from Damro with HSBC credit card 0% interest plan. We only needed to mention that we are buying these for HSBC card offer. They did all the stuff and converted it to 0% installments plan.

We need to be so specific when we are buying something on a CREDIT CARD OFFER. We SHOULD mention it before buying. Some abans showroom people didn't know about the card offer when I was mentioning. So better double check with the seller before buing sometiong on a Card offer.

 

[Sanuka87]

Agree machan!

I recently bought some stuff from Damro with HSBC credit card 0% interest plan. We only needed to mention that we are buying these for HSBC card offer. They did all the stuff and converted it to 0% installments plan.

We need to be so specific when we are buying something on a CREDIT CARD OFFER. We SHOULD mention it before buying. Some abans showroom people didn't know about the card offer when I was mentioning. So better double check with the seller before buing sometiong on a Card offer.

Thanks machan. I bought from Damro. They converted it to an installment plan for 30 months.

 

[ucakila]

Agree machan!

I recently bought some stuff from Damro with HSBC credit card 0% interest plan. We only needed to mention that we are buying these for HSBC card offer. They did all the stuff and converted it to 0% installments plan.

We need to be so specific when we are buying something on a CREDIT CARD OFFER. We SHOULD mention it before buying. Some abans showroom people didn't know about the card offer when I was mentioning. So better double check with the seller before buing sometiong on a Card offer.

I bought an ipad from Daraz for 24 month installment plan (HSBC) the offer advertisement specifically mentioned that cardholder should call the bank and get it converted. so I called and got it converted

 

[kalana wasala]

BUMP​