Instructions to buy easy installments at QUEENMOBILE

Fill out the installment registration form here, Queen Mobile will call you back right away!

Installment purchase is considered as a smart, convenient and simple shopping method. With only a very small upfront payment and a small monthly payment, instead of spending a large amount of money to be able to own the product you want.

At QueenMobile system, support 2 forms of installment payment: Low interest installment installment and 0% interest installment installment. Particularly with the 0% installment payment form, QueenMobile supports to provide more options for customers to more easily purchase the technology equipment they want. The system is proud to always be a companion and share the economic burden with all customers.

Necessary procedures to buy in installments

Appropriate for: All Vietnamese citizens between the ages of 20 and 60 years old

Condition:

• For loans under 07 million: Support for prepayment of 0 VND
• For loans from 07 to 13 million: Prepay 20% of the loan value
• For a loan of 13 million or more: 30% of the loan value in advance

Procedure:

• For loans under 10 million: Customers provide ID card + Driver's License (Or Household Registration). If you have an ID, you must remember the old ID number!
• Application review time is about 10-30 minutes
• Interest rate: The interest rate will be based on the loan term (6 – 9 – 12 months), the loan amount as well as your creditworthiness. The lowest interest rate is 0.96%/month and is calculated according to the gradually decreasing loan balance.
• Loan repayment method: Customers can visit branches of QueenMobile system or visit branches of Dong A bank, Samcombank or BIDV for monthly payment.
• Contract early liquidation fee: 15% on the remaining principal amount
• After completing the procedure, the customer receives the documents back. Financial companies, banks do NOT keep any documents of customers.

Financial companies (FECredit, HomeCredit, HDSaiSon, Mirae Asset)

HomeCredit Installment	Installment MCredit
HD SaiSon installment payment	Mirae Asset Installment

The "secret" to get the highest installment approval

• If it is the first time to buy installment payments or have already liquidated the previous installment contract, with all the required documents, the possibility that the customer will be approved for installment payment is very high.
• In case customers still have a contract with a financial company, they should choose another financial company or liquidate the unfinished contract to continue buying new products in installments.
• You should consider the monthly installment payment, after deducting all expenses. For example, your monthly income is 10 million, after deducting spending 6 million a month, the remaining amount is 4 million, you should contribute 1,5 million to 2 million a month.
• When asked to provide a reference phone number, customers should choose to be their relatives such as spouses, family brothers/sisters, close friends and must know that they are about to buy installments.
• The more detailed and accurate the information you provide to the financial staff, the higher the approval rate of the customer's profile.
• A good history of cash loans or installments (pay off, don't pay too late each month) is also a condition for you to be approved for the next time.

Installment via financial companies (FE Credit, Home Credit, HD Saison)

This is a way for customers to use their reputation to borrow money to buy products without having to mortgage assets or notarize cumbersome documents.

Advantages of installment payments through financial companies:

• Simple procedure: ID card + household registration book / license, proof of income, provide phone number of relatives for reference (in the first installment purchase).
• No need for a credit card, no cumbersome procedures to go to the bank.
• No switching costs (except for certain products)
• No interest rate (except for products that do not support 0% installment payment)
• Review time is quick, usually 10-30 minutes.
• Applicable to many products, from phones, iPads to Macbooks.

0% installment payment via bank

0% installment payment via bank is a form of shopping that is trusted by many customers. With this form, customers enjoy 0% installment plan for all products and do not need to provide any more personal information.

Advantages of 0% installment payment via bank:

• Installment 0% interest rate
• No review required
• No need to prove income
• No need for identification documents: ID card / driving license
• Customers can buy more than once, as long as their credit card has a limit
• Quick review time
• Applicable banks: Sacombank, VP Bank, Shinhan Bank, Eximbank, Maritime Bank, VIB, HSBC, ANZ, Techcombank, Vietinbank and Citibank...

0% Installment via Paylater

Paylater is a tool to advise and support customers to buy goods/services at QueenMobile by installment instead of paying the full value of the product directly (no credit card required). This is a convenient, simple and fast online shopping method. Customers do not need a credit card, no complicated paperwork.

Advantages of Paylater Installment

• The procedure only requires ID card + selfie picture.
• 0% installment payment for the first 3 months
• Long-term 12-month installment cycle, smaller monthly payments.
• From the 4th month, customer's interest rate is 1.52%/month + fee: 2.38%

0% installment payment via MPOS

MPOS is a service that allows making payment operations on application software installed on smartphones and is currently applied to more than 20 popular banks in the market. This is considered a convenient, safe and simple and fast form of payment.

Banks are applying 0% installment via MPOS: Sacombank, VP Bank, Shinhan Bank, Eximbank, Maritime Bank, VIB, HSBC, ANZ, Techcombank, Vietinbank and Citibank...

Advantages of 0% installment payment via MPOS

• Pay online, sit at home to pay and do not need to go to the store.
• Customers can take the initiative in the time and products they want to buy.
• Applies to many different banks.
• 0% installment payment
• Secure payment.

0% installment payment via Alepay Online

The form of 0% installment payment by credit card via Alepay Online is that customers can buy goods as well as pay with credit cards online without having to go to the store. With this method, customers can easily complete the payment process as well as receive goods right at their home.

Banks are applying 0% installment via Alepay Online: Sacombank, VP Bank, Shinhan Bank, Eximbank, Maritime Bank, VIB, HSBC, ANZ, Techcombank, Vietinbank and Citibank...

Advantages of 0% installment payment via Alepay Online

• Pay online, sit at home to pay and do not need to go to the store.
• Customers can take the initiative in the time and products they want to buy.
• Applies to many different banks.
• 0% installment payment
• Secure payment.

To know more about Low Interest Installment Program and 0% Interest Installment Program, please contact Hotline: 19003190 (free)

Frequently asked questions when buying in installments

1. I do not have a household registration in the city. Can Ho Chi Minh buy installments?

Installment service at QueenMobile supports customers with household registration/KT3 in 63 provinces and cities across the country (except for some unsupported districts).

2. I bring a copy of my household registration, can I do the application?

You can bring a copy of your household registration to the QueenMobile system to make installment records, but until the results are available, you must bring the original to receive the device.

3. Do you get the same promotion as when buying on a regular basis?

Any promotions that QueenMobile is applying to customers buying at the store also apply when buying in installments.

4. I have many other questions about installment purchase, how can I get the fastest help?

Please contact Hotline: 19003190 (free) for a free installment consultation.