Best Smartphones to Buy on EMI

Smartphones have knocked the market with its wide range and specifications. The rate of smartphone users has increased by 80% in the recent five years. Due to the rising price and unbeatable demand, smartphone companies have introduced an easy way of payment called EMI. Yet, it is not wrong to conclude that the purpose of implementing EMI is one of the marketing strategies. 

The application of EMI in the pricing criteria by the smartphone companies is intended to increase the demand for the product and to foster sales. These companies usually launch their phones at a relatively higher price, accessible to only a few customers. To eradicate this worry, these companies have come up with the EMI scheme to replenish their sales rate. 

Advantages of EMI from the customer’s point of view:

EMI is the direct benefit for the consumers as it facilitates convenience in the payment method. Some of the crucial benefits of EMI to the customers are: 

• Low cost-benefit: Basically, EMIs have been designed to ease the burden of a one-time payment. There are numerous instant credit cards to avail EMI from, each providing the best facilities. The EMI users have been entitled to make payments based on monthly installments. This ensures the occurrence of low cost-benefit.

• Instant ownership of the commodity: One can easily enjoy the ownership of the desired smartphone without paying for its price at the time of purchase. The unavailability of cash at the time of buying adjusts the implementation of payment through monthly installments. You can instantly own a phone of your choice by selecting the right credit cards to make the purchase.

List of credit cards and their best features that suit EMI: 

• Visa
• Mastercard
• Citi bank
• Capital one

 These credit cards are considered as the most effective in opting for smartphones on EMI due to its facility of 0 downpayment and lower interest rates. 

Best smartphones to buy, consisting of the EMI benefits are: 

• Vivo V15 with 4 GB RAM, 64 GB storage: price Rs15990: EMI starts at Rs 753.
• BlackBerry Evolve (Black)with 4gb RAM, 64 GB storage: price Rs 12990 and

EMI starts at Rs 611.

• Samsung Galaxy M30s with 4GB RAM, Super AMOLED Display, 64GB Storage, 6000mAH Battery is priced at Rs. 13,999: EMI starts at Rs 659.
• Redmi Note 7 Pro with 4 GB RAM and 64 GB storage comes with a price tag of Rs. 14,469, and the EMI starts at 1,782.

These are among the most popular smartphones with an updated version of the Android operating system and features. Also, due to the high demand in the market, you can make the best use of EMI in buying these phones with merely a debit card. 

• Low interest on EMI option: Some of the smartphone companies provide you with the opportunity to lower your overall purchase amount by limiting the percentage of interest to be paid on each installment.

Here is the list of smartphones to avail on the low-interest rate on EMI: 

1. Motorola Moto ONE with 4GB RAM,64 GB storage price Rs 11,640: EMI starts at Rs 548.
2. Xiaomi Mi A3 with 6GB RAM, AMOLED Display, 128GB Storage Price Rs. 15,999, EMI starts at Rs 753.
3. Samsung Galaxy M20, with 3GB RAM, 32GB Storage, Price Rs. 9,999 EMI starts at Rs 471.

The above-listed smartphones provide you with a wide range of EMI options to choose from; they come with the best of prices to afford even without the implementation of EMI. Owing to its best features and price, it is not wrong to state them the best smartphones to get on EMI.