Installment service is available in our stores only.
What is the service:
The installment service is a service provided by Virgin Megastore in collaboration with Tasheel Financing, that allows customers to purchase products and pay for them with easy installment plans.
- No down payment.
- Instant approval
- Financing up to Six times the salary
- Payment period up to 36 months.
- No guarantor is required.
- Shariah-compliant financing.
- Valid ID.
- Salary certificate.
- 3 months bank statement.
- National Address
- My Numbers
Terms & conditions:
- The installment service is provided by Tasheel Financing, and they reserve the right to approve/reject any application based on the customer’s eligibility and their terms and conditions.
- The installment service is valid on invoices starting from SR 4000 up to Six times the salary
- Customer cannot buy gift cards, or vouchers using the installment service.
- Items bought with installment cannot be returned with cash. In case customer wants to return/exchange, please refer to Virgin Megastore’s return and exchange policy.
- Customer cannot combine two payment methods when using installment
- The installment tenures are 12 – 18 – 24 – 30 – 36 months. The customer has the right to choose any of the above only if it does not conflict with the installment company terms and conditions
Q: What is the minimum, and the maximum amounts for installment
A: Minimum is SR 4000 and up to six times the salary.
Q: How long does the approval process take?
A: The approval process takes 15 – 30 minutes if all required documents are provided
Q: Is there any required action in case customer’s application for installment is
rejected from the installment company’s agent?
A: Acceptance, and Rejections are the responsibility of the Installment Company, and Virgin Megastore has no influence over it.
Q: Does Virgin Megastore Return and Exchange policies apply on the installment
A: Yes. Virgin Megastore’s Return and Exchange policies applies on all installment transactions
Q: Can the customer return products bought through installment in exchange for
A: No. Products bought through installment will not be returned for cash. In case customer wants to return or exchange, Virgin Megastore Return and Exchange Policies are applied.
Q: In which showrooms the installment service is available?
A: Installment service is available in all Virgin Megastore showrooms