NIC Asia Bank Partners with EFIX Nepal to Offer 0% EMI Facility on Honor Smartphones

NIC Asia Bank Limited has entered into a strategic partnership with EFIX Nepal Pvt. Ltd., the authorized reseller of Honor smartphones in Nepal, to provide special digital banking benefits to its customers.

Under the agreement, NIC Asia Bank credit card users can purchase Honor smartphones through efix.com.np at 0% interest and convert payments into easy monthly installments of up to 12 months. Customers can apply for installment conversion through the bank’s online portal instabuy.nicasiabank.com.

The partnership also enables Nepali citizens living abroad to send smartphones as gifts to family members in Nepal using the Cybersource payment gateway, which supports Visa and Mastercard issued by domestic and international banks.

The bank stated that the collaboration aims to enhance customer experience, promote digital payments, and reduce financial burden through convenient financing options.