About Installments
Installments is one of the payment methods available on samsung.com/ae. It allows you to pay for your orders in equal monthly installments and is available for credit cards issued from any of the banks mentioned below. The Installments plans are only eligible for orders placed using the Installments payment method at Checkout. Activation of your Installments plan may take 10 to 15 business days depending on your bank.
If your order is eligible for purchase on Installments, you will see the Installments option at checkout and the list of banks with their corresponding interest rates, processing fees and tenures offered. Installment plans and any additional charges are subject to the terms and conditions of your bank. You need to agree to the bank’s terms and conditions to proceed with the Installments payment method.
Installment purchases using a credit card vary between card issuers.
Installments Processing
Once the order is placed on samsung.com/ae, you will see the full amount charged on your credit card. It may take 10 to 15 business days to convert the payment to Installments. For more information on the conversion timeline, you can approach your bank.
Your card issuing bank has the discretion to either approve or reject an order placed using the Installments payment option on the basis of your eligibility for a loan. You can approach your bank to understand why the Installments plan was not approved.
If your bank rejects your request, the order will not be converted into an Installments payment plan and you will be charged to your Credit Card.
Canceling an order with Installments
If you cancel or return an order purchased using Installments, Samsung will refund the order amount to you within 10 to 15 days, however, the processing fees or additional charges will not be refunded and are subject to the terms and conditions of your bank. You will then need to contact your bank to confirm how the Installment plan on your credit card has been modified, or for any queries you may have.
How to place an order with Installments
- 1
SHOPBrowse and add the desired product(s) to cart
- 2
SELECT PAYMENT METHODOn the Checkout page, choose the “Installments” payment method
- 3
CHOOSE AN EMI PLANChoose an eligible credit card and select your desired Installments plan, subject to the T&Cs of your bank
- 4
REVIEW ORDER AND PAYMake your payment and installment will be converted in your bank account within 10 to 15 days
Installment Plans Offered
Disclaimer: The banks and tenures mentioned below might vary with time. Please choose the Installments payment option at checkout to get the latest offers.
ADCB
6/12/24 Months
Minimum Purchase AED 1,000
Interest rate: 0%Processing fee: AED 52.5600 502030
Standard Chartered
3/6/12 Months
Minimum Purchase AED 500
Interest rate: 0%Processing fee: AED 49 for 3 & 6 months | AED 98 for 12 months600 5222 88
Mawarid Finance
6 Months
Minimum Purchase AED 1,000
Interest rate: 0%Processing fee: no processing fee800 6292743
First Abu Dhabi Bank
3-36 Months
Minimum Purchase AED 500
Interest rate: 1.20% for 3 -18 months | 1.10% for 24/36 monthsProcessing fee: no processing fee600525500
Emirates NBD
6/12/24/36 Months
Minimum Purchase AED 1,000
0% for 6/12/24 months | 2.54% for 36 monthsProcessing fee: AED 49600540000
Emirates Islamic
3/6/12/24 Months
Minimum Purchase AED 500 for 3/6 months | AED 1,000 for 12/24 months
Interest rate: 0%Processing fee: 2% for 3/6 months | no fee for 12/24 months600 599995
RAKBANK
6/12/24 Months
Minimum Purchase AED 1,000
Interest rate: 0%Processing fee: AED 49 for 6 months | 2% for 12 months | 0% for 24 months600 544 049
HSBC
3/6/12/24/36 Months
Minimum Purchase AED 500
Interest rate: 0.99% for 3/6 months | 0.79% for 12 months | 0.69% for 24/36 monthsProcessing fee: no processing fee600 55 4722
Dubai Islamic Bank
6/12 Months
Minimum Purchase AED 1,000
Interest rate: 0%Processing fee: 3% for 6 months | 4.8% for 12 months04 609 2222
Deem Bank
3/6/12 Months
Minimum Purchase AED 1,000
Interest rate: 0%Processing fee: 1% for 3 months | 2% for 6 months | 3% for 12 months600 525 550
Arab Bank
3/6/9/12 Months
Minimum Purchase AED 1,000
Interest Rate: 0.5%Processing fee: AED 4904 445 0000
CBI
3/6/12 Months
Minimum Purchase AED 500
Interest Rate: 1%Processing fee: AED 35600 544 440