EMI

Gadget Panel has introduced a convenient option of choosing up to 12 months EMI facility for customers who use Credit Cards for buying any items priced above 5000 BDT. The duration and extent of the EMI options available for a given product are viewable on the checkout page in the Payment Information section.

Requirements:

  • Monthly Installment: The total EMI price divided by the number of months allowed and opted for under the EMI facility.
  • EMI Tenure: The number of monthly installments to be paid.
  • EMI Account Holder: Subscriber of the EMI services.
  • EMI Account: Sub-accounts/limits within the allowed credit limit to facilitate the transfer of a transaction from the card account to the installment account.
  • EMI Price: The purchase price of a product or transaction which is subject to transfer to EMI account applicable to a specific offer for a specific duration of the installment plan.

NOTE:

  • Customers wanting to avail EMI facility must have a Credit Card from any one of the banks in the table below.
  • If a disqualifying card is used for EMI payment. Customers can not avail EMI on that purchase.
  • EMI is available for primary Credit Card members and shall only be offered to those card members who are abided by the credit card terms and conditions meet the minimum transaction floor limit and has the required credit limit on his/her credit card account.
  • EMI facilities are only available for orders which cost over BDT 5000.
  • EMI charges may vary on promotional offers. The EMI terms and conditions may vary from one offer to another based on the nature of the offer and duration of the installment plan opted by the card member.
  • The cardholder must comply with the payment procedure depends on the requirement from specific banks.
  • Convenience Fee of the EMI is not refundable.
  • Based on acceptance of the EMI transaction, the first EMI installment shall be billed to the card member in the immediate billing statement and subsequent EMI installments shall be billed to every month thereafter until the EMI price is billed in full.
  • EMI facilities vary from one product type to another. Please carefully check the EMI tenure period for your preferred product on each product page and on the checkout page as well.

You can pay with equal monthly installment payment option using the Credit Card of any of the following banks:

SerialBank List
1Eastern Bank
2BRAC Bank
3City Bank
4Dutch Bangla Bank
5Southeast Bank
6Standard Bank
7Mutual Trust Bank
8National Credit & Commerce (NCC) Bank
9NRB Bank
10Meghna Bank
11Midland Bank
12Jamuna Bank
13Bank Asia
14Dhaka Bank
15South Bangla Agriculture And Commerce Bank
16Standard Chartered Bank

EMI charges for different tenures are as followed for the banks listed above (Except Standard Chartered Bank).

MonthsEMI ChargeAmmount Range
3 Month3.00%5,000 - Above
6 Month4.50%5,000 - Above
9 Month6.50%5,000 - Above
12 Month8.50%5,000 - Above

For Standard Chartered Bank, the EMI charges for different tenures are as followed:

MonthsEMI ChargeAmmount Range
3 Month3.50%5,000 - Above
6 Month5.50%5,000 - Above
9 Month8.00%5,000 - Above
12 Month10.50%5,000 - Above

If your desired product is eligible for EMI option, according to its respective product page, and if you have a Credit Card from any of the associated banks which are mentioned above, you can get EMI facility on your purchased product. During the checkout phase, you will see the EMI options for your eligible cards, banks and EMI Tenures.

  • In Case of “Online Payment”, it will redirect you to our secure payment gateway.
  • After completing you will be directed to a “Successful Order” Notification on the page.
  • And you will also get a “Successful Order” Text Message on your mobile phone.