Installments Programe for any thing ( Xbox 360, PS3 , PC parts, Import services )

Installment Plans should be introduced


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Jshak

PG Pioneers Jshak e-Store
PG Pioneering Member
PREMIUM SELLER Platinum Member
Aug 27, 2007
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Updated : 15 - November 2017

Policy has been stopped for the time being

[HR][/HR]


Alright,

I have been receiving a lot of call's from a lot of members in starting a Installment Program on Selling Gaming Consoles.

I have been working on this for quite a long time. I was interested to get a feed back on 3 to 6 Months Plans on an extra to the break down. The amount will be then broken down according to the Monthly Plans with the deduction of the Advance Payment.

I can offer anything which is in reasonable reach i.e consoles ( XBOX 360, PS3, LED, etc ). Please ask for the item before proceeding for installments. My main efforts will be to provide you the service at your happiness :)

Let me know if you like this Idea.... Prerequisites will be discussed later on.... I am planing to start this service in Karachi. Other cities can have a common relative/friend in Karachi and provide the requirements,etc and start the service.....

Lets break it down this way

Total cost ( EXAMPLE )

21,000
----------
21,000 Rupees

Minimum Amount to start is 5000 As Advance....

Rps 21,000 - 5,000 = Rupees 16,000

Now lets go for the installments.

If you are taking on 3 months

Break up for 3 months : Rupees 16,000 / 3 = Rupees 5,333 + 1050 ( installment payment ) = Amount


Now what ever you do, the number of installment plan u make ( 3, 6 , 9 ,12 ), all you need to add " Rupees 750 ) per month to the total . The item is raw cost, which does not include courier, bank charges etc.


- I will be requiring post dated cheques
- If you fail to pay the price, item will be consifscated
- Payment should reach from 1- 5th of the month, Rupees 150 extra will be charged per day.
- Utility bill copy required
- I've the right to refuse or accept the plan
- CNIC copy of the buyer and i would be requiring 2 references ( conditions apply strictly )
- References are always welcomed to bring in clients, keeping in mind, if they do not pay up the installments, you will be responsible.
- Other documents will be require as per requirement



Is that bad for a start ? Look at the ROI in the banks which we keep. We are not even aware of the banks where they use the money. I am using this service to promote gaming .... People can buy up gaming gadgets in order to get them educated...

Providing them an affordable pricing scheme .... Value for time ...


Please open this

Spoiler: show
If you are working or under any guardianship, i would require the following items ( valid only for karachi )

- Employee status ( designation and payslip + bank statement for 1 year + Account maintenance certificate )
- Utility bill record + number of years you are on the address ( rent or personal , for rent i need the rent agreement )
- 12 post dated cheques ( if the deal is confirmed )
- Cnic copy
- Passport copy
- Current Photograph ( 2 x )

- If married, wife or any next to kin documents
- 3 references with their current CNIC and details

All the data will be verified and can take up to 1 month. Once confirmed, there will be a Bond paper that will be signed by you in order to take responsibility of the payment, if you fail then the guarantor will be responsible for the payments.

All data is kept confidential




Policy revised 15 January 2016
 
Last edited:

eViLrAcEr

Seasoned
Feb 19, 2008
3,457
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44
Canada
Trader Score: 1 / 0 / 0
isn't the extra 16% Interest?
no,
""Riba` is a loan with the condition that the borrower will return to the lender more than and better than the quantity borrowed.""

Because you are being provided with this service of getting an Xbox on installments, you cannot compare it's price to the price of a console bought with lump-sum payment, you can consider 16% as the charge of this service?

Or if it still doesn't satisfy then perhaps Jshak can just give you the actual figure in Rupees of the amount you have to pay over the price of the console
 

c0d3r

Active member
Feb 20, 2008
437
0
21
Islamabad
Trader Score: 22 / 0 / 0
Although im personally not satisfied with the "Riba" stuff as i think its a renamed Interest, but that is another topic.

@Jshak: it wud be nice if you wud post the details in figures, as in.. Total Cost, + Monthly installments for a 6 month plan. Coz that way, it wud help us see if it is feasible for us financially and see the approx amount of financial impact per month we shall get. Thanx.

---------- Post added at 10:40 AM ---------- Previous post was at 10:39 AM ----------

@jshack: err, sry, my reply shudve come just after urs lol. Thanx

---------- Post added at 10:42 AM ---------- Previous post was at 10:40 AM ----------

Sorry for the repost:

But you mentioned Unmodded. On getting a new console,. will we be able to play games whos ripped iso's we dnld from the net and burn to a dvd? or wud we have to buy legit dvd's?
 

amaga

X Trophies Hunter
Member Sellers
Oct 22, 2008
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lahore
Trader Score: 442 / 0 / 0
my vote for "YES"

cos on pg,mostly gamers r studient,not job or bussiness related persons.so 21k to 30k a huge money 4 them.so i like that idea.;)

The idea is good but 16% is way too much.
no its nothing.u didnt check da mart instalment %?
 

eViLrAcEr

Seasoned
Feb 19, 2008
3,457
10
44
Canada
Trader Score: 1 / 0 / 0
Although im personally not satisfied with the "Riba" stuff as i think its a renamed Interest, but that is another topic.
Riba is Interest...and both are the same thing and it is haram

I pasted the definition so you can compare what is happening here and what interest actually is.

jshak, i don't understand any step of the calculation you have posted lol
 

Jshak

PG Pioneers Jshak e-Store
PG Pioneering Member
PREMIUM SELLER Platinum Member
Aug 27, 2007
13,944
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43
47
Karachi
www.facebook.com
Trader Score: 690 / 0 / 0
Modding Comes to your choice. We can get it done or you can. I am trying to promote this business for better literacy on gaming. I have plans to open up games on Installments as well.

It is fair enough for 16 percent to be divided on a scale of 3 - 6 Months of Period.

---------- Post added at 11:04 AM ---------- Previous post was at 10:59 AM ----------

jshak, i don't understand any step of the calculation you have posted lol
See now and calculate
 

mental

Dark Knight
Jan 30, 2009
2,536
0
41
ملتان
Trader Score: 221 / 0 / 0
And in small cities the price of jasper arcade is around 25k ( In multan its 24-26k).. so it is the better option to get consoles in less then 25k and with installments as well...
 

TheBrokenMan

4 8 15 16 23 42
Nov 4, 2007
4,254
1
41
34
Lahore
Trader Score: 98 / 0 / 0
Modding Comes to your choice. We can get it done or you can. I am trying to promote this business for better literacy on gaming. I have plans to open up games on Installments as well.

It is fair enough for 16 percent to be divided on a scale of 3 - 6 Months of Period.

---------- Post added at 11:04 AM ---------- Previous post was at 10:59 AM ----------



See now and calculate
this would be a very awesome idea junaid bhai =D i have been dying for a ps3 for months now and finally have decided to save 6 k a month and after 5 months buy a slim with 1 or 2 games but now that i see your installment plans i would love to buy a ps3 from you for sure. i have plenty of friends and family in karachi so picking up console won't be a problem for me and i will gladly deposit monthly installment in your account

junaid bhai can you tell me if i opt for a ps3 like in the near future say a month or two from now ( im waiting for the 45nm, 2 x 128mb stick and better ventilation ) ps3 to roll out and then i will buy it. can you break me down the 6 month installment plan? according to the price in karachi + 16%?

---------- Post added at 11:17 AM ---------- Previous post was at 11:15 AM ----------

NOOO dude dont get into the hastle .. you know how Paki people roll.......
and what if jshak offered this service to those on pg with a REQUIRED trader rep? like say 5 or 6 100% points? of course handing it out to everyone would be a huge mistake but handing it out to those with good trader reps will be safe won't it?
 

Necrokiller

Expert
Apr 16, 2009
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Trader Score: 2 / 0 / 0
jshak, i don't understand any step of the calculation you have posted lol
So you know the concept, but don't know how its calculated? And you're suppose to be a comp. sci. student? :p

Spoiler: show
21,000 + (21,000 x 0.16) = 24, 360
You pay 5,000 in Advance. Subtract that from 24,360. You get 19,360. Thats what you're gonna pay over the span of 6 months after your payment in advance.


Anyway.... I think its a good move. And if anyone can put it into action, its jshak. What with all the scammers out there. It'll make PS3 more 'affordable' for others. Good luck with this!
 

paradigm

Proficient
Sep 28, 2008
566
0
21
Karachi
Trader Score: 66 / 0 / 0
my vote is yes, as i c most of de pg members r students or ppl who can't afford expensive gaming consoles & gears, so dis wuld definitely give'm de chance to enjoy gaming in a affordable manner :)
 

eViLrAcEr

Seasoned
Feb 19, 2008
3,457
10
44
Canada
Trader Score: 1 / 0 / 0
So you know the concept, but don't know how its calculated? And you're suppose to be a comp. sci. student? :p

Spoiler: show
21,000 + (21,000 x 0.16) = 24, 360
You pay 5,000 in Advance. Subtract that from 24,360. You get 19,360. Thats what you're gonna pay over the span of 6 months after your payment in advance.


Anyway.... I think its a good move. And if anyone can put it into action, its jshak. What with all the scammers out there. It'll make PS3 more 'affordable' for others. Good luck with this!
agaye show baaz loge...

you don't know what jshak's calculation looked like bhai <_< ( and maybe i missed that 5000 was advance)

kesi bikar baat kardeta hai necro
 

TheBrokenMan

4 8 15 16 23 42
Nov 4, 2007
4,254
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41
34
Lahore
Trader Score: 98 / 0 / 0
junaid bhai YOU HAVE to add ps3 to your installments but WAIT for a bit 45nm slims are coming and i will definitely want ONE OF THOSE nothing else i am willing to wait for it, and as soon as 1 comes out i will definitely want to buy one

http://wccftech.com/2010/04/26/ps3-mega-hardware-upgrade/

the above one is the one i am waiting for so kindly add these new models when your buying PS3 for PG members okay?
 
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