Looking to buy the latest Samsung Galaxy S24 Ultra but don’t want to pay the full price upfront? You can purchase it on a credit card with exciting EMI (Equated Monthly Installment) options—making it easier to get your hands on this high-end smartphone without breaking the bank. And the best part? You can enjoy 0% interest rates, meaning you won’t have to pay anything extra in terms of interest. All you need to pay is a nominal processing fee, which is sometimes waived in special offers.
EMI Options and Benefits
When buying the Samsung Galaxy S24 Ultra on credit, you can choose from flexible EMI plans ranging from 9 to 24 months, depending on the variant and the down payment you’re comfortable with. The more flexible the EMI duration, the easier it is to manage your payments.
0% Interest EMI – No Extra Charges
With the 0% interest offer, you won’t have to worry about extra costs—your monthly payments will only cover the principal amount of the phone, plus any processing fees. This is a great way to spread the cost over time, without paying any interest. The only thing you might need to pay upfront is a processing fee, which can sometimes be included in the offer.
Flexible EMI Durations Based on Down Payment
Here’s a breakdown of the EMI options available for the Samsung Galaxy S24 Ultra (96GB and 256GB variants):
- For 24-month EMI plan:
- If you make a down payment: ₹5,084/month
- With zero down payment: ₹5,500/month
- For 18-month EMI plan:
- With down payment: ₹7,784/month
- With zero down payment: ₹3,334/month
- For 12-month EMI plan:
- With down payment: ₹8,134/month
- With zero down payment: ₹6,167/month
- For 9-month EMI plan:
- With down payment: ₹3,556/month
- With zero down payment: ₹1,467/month
These EMI amounts can vary depending on the specific offers available at the time of your purchase, but generally, you can expect manageable monthly payments, especially with the 0% interest offer.
Processing Fee and Down Payment
The processing fee typically applies to the down payment, which can range between ₹2,000 and ₹3,000, depending on the variant and the specific deal you choose. If you purchase the 256GB variant of the Samsung Galaxy S24 Ultra, you will be required to make a down payment of around ₹22,402.
In addition, the length of your EMI repayment term affects the amount you’ll pay each month, with longer terms resulting in lower monthly installments. For example:
- For an 8-month EMI plan with ₹6,072 down payment: ₹8,134/month
- For a 10-month EMI plan with ₹6,072 down payment: ₹7,778/month
- For a 12-month EMI plan: ₹6,167/month
- For a 16-month EMI plan: ₹5,084/month
It’s important to choose the EMI plan that works best for your budget and payment preferences.
Who Can Buy Samsung Galaxy S24 Ultra on EMI?
To take advantage of these flexible EMI options, you typically need to have a Bajaj Finserv Insta EMI Card or a credit card from participating banks. Alternatively, you can also purchase the Samsung Galaxy S24 Ultra from an offline store and choose the EMI option available there.
Vishal Jakhar is a Senior Writer at TechBurj.Com He has penned over a hundred articles on TechBurj covering a wide range of topics on tech.
Below here you can find some of his interesting articles related to mobiles and gadgets.