Walton extends instalment time by six months

Walton has extended its instalment timeframe to three years from the existing two and a half years, giving customers more time to pay off their dues.

Consumers can buy Walton's various products by making a nominal down-payment to activate a three-year instalment facility, the company said in a statement yesterday. 

Walton announced the offer through a press meet at its office at Motijheel in Dhaka on Sunday.

"We had received good response from the customers after providing 30 months instalment facility for purchasing Walton brand products," the statement quoted Eva Rezwana, executive director for sales and development at Walton Plaza, as saying.

The service has been extended so that the people, especially those from lower income groups, can buy technology-based products more easily, she said.

Walton has already won customers' faith by reducing the country's import dependency and remains committed to bring technology-based products to the people, Rezwana said.

The offer will enable consumers to buy Walton television, refrigerator, air conditioner, generator and all other electronics, home and kitchen appliances in small monthly payments, said Kamal Hossain, first senior additional director of the company.

All Walton Plazas are providing the facility, which is applicable to all Walton products except for mobile handsets that cost less than Tk 8,500, he said.

The offer will remain valid until further notice, he said.

"Additionally, if the consumers buy Walton products by paying nominal down payment at maximum 6 months instalment, they will have to pay the product's MRP value only," he said.

Walton has cut prices of its refrigerators on the occasion of the beginning of summer and Eid, according to the statement.