Components and Systems...will you be interested if a bank finances them?

[iameXtreme]

Ok so first of all, this has nothing to do with IAMEXTREME or anything....The thought just came to my mind and i thought ill ask how many people would actually be interested in this idea. Lets say you want to buy a component for example GTX 580 which at the moment costs 44000 but you do not have enough cash to pay altogether. Would you still be interested in buying if the same card can be financed to you by an Islamic Bank and you have to pay like 4k a month or less? Same goes with systems. What if you want to buy a high end system that costs 1 lac plus but dont have the cash and bank offers to finance it for you...will you be interested? Take note that i mentioned ISLAMIC bank...so they wont charge interest which is haraam.

Start polling your ideas...as to yes you would...or no you wont and why.
Once again..its just a general concept that came to my mind...nothing to do with IAMX

 

[Cerberus]

i am fully interested atleast i can jump to sandy from 775

 

[wAnxTa]

It is a great idea. But since I don't like staying in debt of someone, I don't think if i'd be using such service.

 

[Baghi]

That'd be a good idea. At least 400, 400 (pocket money) per day jamma karnay se to behtar hi hai. Lol

 

[iameXtreme]

thats the whole idea...instead of collecting up cash everyday.....and then waiting and waiting every month....it would be easier for people to pay a small amount per month, compared to paying a huge one there n then

 

[mepokhan]

This thing is hugely popular in western countries. Hard to think that any Islamic bank would go for such interest free loans... (as it would result in a net loss to the bank)

 

[iameXtreme]

mepo....but what IF there is one...then would you be interested?

 

[Lord Ammar]

I dont know how financing really works. In theory it sounds great, paying month by month but I'm not aware of the procedures or how much interest the bank charges etc etc

 

[iameXtreme]

ammar...the procedure is quite simple usually....bank asks you to pay a fixed amount as down payment upfront when purchasing the product...lets say 10% of the value....then after that, if you want to finance the product for 6 months or 12 months or whatever time period you are comfortable with, you just pay the bank an amount every month...like 3.5k or 4k whatever until that time period finishes.

 

[amjad635]

what is benefit of bank in this?

 

[XxRebellionxX]

The Idea Sounds Great Many People Will Be Able To Buy High End Products At IMX And Considering No One In Pakistan Has Introduced This U Will Be Credited Alot And More Customers....So In Short Its A Great Deal

---------- Post added at 06:58 PM ---------- Previous post was at 06:57 PM ----------

BTW What Bank Is It??

 

[Baghi]

what is benefit of bank in this?

People can donate later on if they like the service. Just a simple php script and you're done.

https: // my-bank.pk / donate.php (lol)

 

[amjad635]

So these banks run on donations
i don't have knowledge in banking sector
but it is strange

---------- Post added at 07:08 PM ---------- Previous post was at 07:05 PM ----------

Anyway Idea is good
good for people with big wishes & lesser money
not good for those who rapidly changes systems


---------- Post added at 07:09 PM ---------- Previous post was at 07:08 PM ----------

Its gonna really help people in fulfilling wishes

 

[motogp]

It is a great idea. But since I don't like staying in debt of someone, I don't think if i'd be using such service.

i agree on this point myself. while it would be nice to have high-end components made available i'm not too sure if i'd like to be in debt of someone.

 

[WAQAx]

thats simply an awesome idea yasir bhai
am totally in yaar.....bring it on

---------- Post added at 07:26 PM ---------- Previous post was at 07:25 PM ----------

people he's talking about islamic banking so no interest involved here and he's the first one to introduce such service over hear (regarding PC stuff i mean)...its quite popular among the west
so i'd totally support this idea...

 

[iameXtreme]

Lol im not introducing anything guys...i made it clear in the first post

 

[Ali Kamran]

if it can be applicable for single products like i3 processors or things which cost around 15k above ill be surely interested. Like pro mobo combo.

 

[TotaLOverdosE]

Sounds great, I would definitely be interested if such a finance option were to be introduced.

 

[Tech Reaper]

I was so much looking into such opportunity, as I want to buy an i7 rig but it will take 6 months(i.e till december) for me to collect the required amount of cash for my rig. So I would like to have this thing

 

[Lord Ammar]

thats simply an awesome idea yasir bhai
am totally in yaar.....bring it on

---------- Post added at 07:26 PM ---------- Previous post was at 07:25 PM ----------

people he's talking about islamic banking so no interest involved here and he's the first one to introduce such service over hear (regarding PC stuff i mean)...its quite popular among the west
so i'd totally support this idea...

are you 100% sure there will be no interest? if i want to buy something worth 50k rs and the bank buys it for me and then return the money on monthly basis without any interest, how is that going to benefit the bank in anyway?