Habib Bank Limited (HBL) offers a variety of installment plans that enable customers to purchase goods and services through flexible monthly payments. These plans are designed to make shopping and financial management easier for both salaried individuals and self-employed customers across Pakistan. The bank partners with many leading brands to provide easy payment solutions.
The HBL installment plan is available through HBL Credit Cards and, in some cases, through HBL Merchant Installment options for select stores. Whether you’re looking to buy a mobile phone, laptop, home appliance, or furniture, HBL has convenient monthly installment options to suit your needs.
Key Features of HBL Installment Plans
- Tenure Options: Flexible installment periods ranging from 3 months to 36 months.
- 0% Markup Offers: Zero markup options are available with selected partner merchants and for specific tenures.
- Instant Conversion: Transactions can be converted into installments directly via the HBL Mobile App or helpline.
- Wide Range of Categories: Applicable on electronics, mobile phones, home appliances, travel bookings, and more.
- Affordable Monthly Payments: Easy and budget-friendly installment structures.
Eligibility Criteria
To use HBL installment plans, you must:
- Be an active HBL credit cardholder.
- Have sufficient credit limit available for the purchase.
- Ensure that the merchant or transaction type qualifies for installment conversion.
Categories Available in HBL Installment Plans
| Product Category | Examples | Markup Option | Tenure Range |
|---|---|---|---|
| Mobile Phones | Samsung, iPhone, Vivo, Oppo | 0% or markup | 3, 6, 9, 12, 18 months |
| Laptops & Gadgets | HP, Dell, Lenovo, Apple | 0% or markup | 3 to 24 months |
| Home Appliances | Haier, Dawlance, Gree | 0% or markup | Up to 36 months |
| Travel & Tourism | Airlines, Hotels | Markup-based | 3 to 12 months |
| Furniture & Decor | Interwood, ChenOne, Index | Markup-based | Up to 18 months |
| Supermarkets | Metro, Imtiaz, Carrefour | Promotional offers | Limited tenure |
How to Avail HBL Installment Plan
Via HBL Mobile App:
- Open the HBL Mobile App.
- Go to the “Credit Card” section.
- Choose “Installment Plan” or “Convert Transaction.”
- Select eligible transactions and choose your desired tenure.
- Submit and confirm.
Via Phone Banking:
- Call the HBL Phone Banking helpline.
- Request installment conversion for an eligible transaction.
- Choose your tenure and confirm details.
At Partner Stores:
- Visit the partner merchant.
- Request HBL installment plan at payment.
- Use your HBL Credit Card to complete the purchase.
Popular Partner Brands Offering HBL Installment Plan
- Mobile & Electronics: Samsung, Apple, EcoStar, TCL
- Home Appliances: Haier, Dawlance, Pel
- Online Stores: Daraz, Mega.pk, Telemart
- Supermarkets: Metro, Carrefour (select locations)
- Fashion & Lifestyle: Khaadi, Nishat Linen, Sapphire (during promotional campaigns)
HBL 0% Markup Installment Plans
HBL frequently offers 0% markup plans on short-term tenures (usually 3–6 months) through promotional campaigns with top merchants. These offers are time-sensitive and vary based on brand and season.
Examples:
- iPhone 14 on 0% markup for 6 months.
- LED TVs and air conditioners at 0% markup for 3 months.
- Wedding shopping campaigns at fashion stores.
Charges & Fees
- Processing Fee: May apply depending on the product and merchant.
- Early Termination: A fee is charged if you want to settle the plan early.
- Late Payment Fee: If you miss the monthly payment, standard late charges apply.
HBL Auto Debit for Installments
Once a transaction is converted into installments, the monthly amount is auto-debited from your HBL Credit Card billing. Make sure your card has enough limit and funds to avoid charges.
Benefits of Using HBL Installment Plan
- No need for separate financing or personal loans.
- Easier budgeting with predictable monthly payments.
- Promotions and seasonal offers available throughout the year.
- Ideal for students, professionals, and families.
Important Notes
- Installment plans are only available for credit cardholders, not debit cards.
- Not all transactions are eligible; some exclusions apply (e.g., cash advances).
- Always confirm eligibility before making a purchase.
- The plan must be activated within a specific time after purchase (typically 3-7 days).
Conclusion
The HBL Installment Plan is a smart financial tool that allows customers in Pakistan to enjoy products and services now while paying over time. With 0% markup options, easy mobile app conversion, and a vast partner network, it’s ideal for anyone seeking flexibility in managing their finances. Whether it’s for electronics, home improvement, or travel, HBL’s installment facility provides unmatched convenience and control.
