Installments are one of the payment methods available
installments
Installments are one of the payment methods
available on Habrah.shop It allows you to pay the value of your
orders in easy monthly payments.
About installments
Installments are one of the payment methods
available on Habrah.shop It allows you to pay the value of your orders
in easy monthly payments, provided that you have a card from any of the
following banks or payment partners mentioned below. Payment
in installments is available on the following cards:
·
All major credit cards that are issued by any of the following
banks. Banque Misr, Commercial
International Bank, Emirates NBD Bank, Cairo Bank, National Bank, Bank Audi,
Mashreq Bank, National Bank of Kuwait.
· If your order qualifies for installment
purchase, you will see the installment option with a table containing the
installment service providers, the installment rate and the maturity period
offered by the service providers. Purchases
in installments using a credit card differ from one party to another from the
card issuers.
Our Installment Plans
Commercial International Bank:
Installment plan and rate:
3 month 4.9%
6
month 6.2%
9
month 0%
10
month
0%
12
month
10.3%
18
months
14.5%
24
months
0%
30
month
0%
36
months
0%
Egypt Bank:
3 month 0%
6
month 5%
9
month 0%
10
month
0%
12
months
8.5%
18
months
11.7%
24
months
0%
30
month
0%
36
months
0%
Mashreq Bank:
3 month 0%
6
month 5.5%
9
month 0%
10
month
0%
12
months
8.5%
18
months
10.5%
24
months
0%
30
month
0%
36
months
0%
Cairo Bank :
3 month 0%
6
months 6.1%
9
months 7.8%
10
month
0%
12
Months 9.6 %
18
months 0%
24
months
0%
30
month
0%
36
months
0%
The National Bank of
Egypt:
3 month 0%
6
month 4.8%
9
month 7.45%
10
month
9%
12
months
10%
18
months
14%
24
months
17.36%
30
months
20.82%
36
months
24.09%
Bank Audi:
3 month 0%
6
month 4.8%
9
month 0%
10
month
0%
12
months
6.8%
18
months
9.8%
24
months
11.8%
30
month
0%
36
months
0%
Emirates NBD Bank:
3 month 0%
6
months 4.0%
9
month 0%
10
month
0%
12
Months 6.5 %
18
months 9.5%
24
months 12.5%
30
month
0%
36
months
0%
National bank of Kuwait:
3 month 0%
6
months 4.0%
9
month 0%
10
month
0%
12
Months 6.5 %
18
months 9.0%
24
months 12.0%
30
month
0%
36
months
0%
Installment Eligibility
The following eligibility requirements apply
to installments as a payment option.
· Installments cannot be used with the Habera
Shop Gift Card balance or with any other payment method. You
will need to clear the balance of your Habrah Shop Gift Card at checkout and
pay the full amount in installments only.
· Purchases in installments using a credit card
differ from one party to another from the card issuers.
The bank that issued
your card has the discretion to decide whether to approve or reject an
application that you completed using the installment payment option based on
your eligibility for a loan. You
can contact your bank to understand why the installment is not approved.
If the bank rejects your application, the
application will not be transferred to the Installment Payment Plan.
Pay the installments
on credit card:
· Once you complete your application on the site Habrah.shop , you will see the full amount that will be charged to
your credit card.
· After 5-7 days, your bank will convert this
amount into a premium.
· Your credit limit will be reduced by the total
amount of your order value that has been converted into a premium. For
example, if you make a 3-month installment purchase for an order of EGP 2,500
and your credit limit is EGP 6,000, your bank will block your credit limit by
EGP 2,500, so the credit limit available after purchase will be 3,500 EGP only. As and when you pay your premium each month, your
credit limit will be issued accordingly. If
you have any questions in this regard, you should contact the bank that issued
your card.
·
If you cancel or return an order purchased in
installments within 3 business days, Habrah will refund the full purchase
amount to your credit card within 3 to 5 business days, and the installment
will be cancelled. If the
installment plan is canceled more than 3 business days after placing the order,
you will then need to contact your bank to confirm how to amend the installment
plan on your credit card, or for any inquiries about foreclosure.