Insta Pay Facility

Insta Pay is a value added product of MBL under credit card for the financing of the consumer durables. With Insta Pay, you get to purchase varieties of home appliances, electronic gadgets, furniture, jewelries, and many more.  


Frequently Asked Question:

1. What is MBL Insta Pay?

MBL Insta Pay is the product under credit card for the financing of the consumer durables where customers can enjoy facility to buy their item of interest and pay on EMI.


2. How will I get started with Insta Pay?

To use our Insta Pay facility, you first need to have MBL credit card, once you have credit card limit on your hand, you simply need to fill up Insta Pay application from and submit it to your nearest branch of   Machhapuchchhre Bank Limited.


3. What documentation do I need to provide?

You need to provide quotation of goods/services you are willing to buy along with Insta Pay application form.


4. How does my installment option works?

Once you are approved to get Insta Pay facility from bank’s side, your credit card limit shall be blocked and converted into EMI. Your limit gets released only when you pay your monthly installments.


5. How will I pay back my EMI?

Bank will auto-enable standing instruction on your saving account to enable debit of monthly payments for EMI. Please make sure you keep sufficient balance in your account to cover for EMI amount.

In case you don’t maintain account or do not have sufficient balance in account or wish to pay the amount early, you can pay by filling credit card voucher from nearest MBL branch.

In addition, you can also pay your Installment from Connect IPS, Esewa, Mobile Banking of different banks and FI’s and Internet Bank.


6. What charges I need to pay to avail Insta Pay Facility?

You will be charged certain upfront fee on the basis of tenure you choose to avail Insta Pay Facility. On certain circumstances, your merchant shall pay the bank on your behalf.

Upfront fee differs with the price of product/service and tenure you choose to repay all your EMI’s.


7. How will I get notified for the payments of my Installment?

You will get your monthly statement on 6th of every English calendar month in your email and you are supposed to pay it by 20th of the same month. If  part payments, financial charges will be levied in the total outstanding amount from the installment date @ 2% PM.


8. What happens if I won’t be able to pay my installment on time?

Bank shall charge you interest and late payment fee on the basis of your overdue date.


9. What is the minimum and maximum purchase amount on which I can avail Insta Pay?

Minimum purchase amount to avail Insta Pay will be NPR 15,000 and maximum amount will be NPR 1,000,000


10. How do I know my eligibility limit for Insta Pay?

You are eligible to get the products worth twice of your credit card limit. If you wish to buy products of more than your eligible limits, you need make down payments to the merchants accordingly.


11. What are the repayment tenure options for Insta Pay facility?

You have an option to select the repayment tenure from 6 months to 36 months.


12. What are the items I can buy using Insta Pay?

  • Purchase of Home Appliances
  • Purchase of Electronic Gadgets
  • Purchase of Holiday packages
  • Purchase Furniture and Furnishing items
  • Purchase Gold and Diamond Ornaments
  • Purchase Bike and Scooters
  • Payment of Insurance Premium
S.N Name of Merchants Address Goods Contact Details
1 IMS/Smart Kamaladi, Kathmandu Samsung Mobile 9802004633
2 HIM Electronics Pvt Ltd Durbarmarg, Kathmandu Samsung Mobile & Home Appliance 01-4230382 / 9851279022
3 Easy Mobile Care Newroad, Kathmandu All Brand Mobile 9851045133
4 New Denish Electronics Suryabinayak, Bhaktapur All Brand Mobile & Home Appliance 9851143197
5 Colour Wave Mobile Center Chardabato, Banepa All Brand Mobile 9851162933
6 Generation Next Communication Pvt Ltd Sherpa Mall Durbarmarg, Kathmandu I phone Mobile/ Dell,Apple Laptop 9851139794
7 Universal Electrom Tripureshawor,  Kathmandu Hitache Home Appliance  01-4251622
8 EVO Store Lalitpur I phone Mobile 9851036757
9 ECO Infinity Maitighar, Kathmandu Electric Scooter 9801230007
10 Samsara Holidays Lazimpat, Kathmandu Holiday package of foreign countries 01-4006666 / 9801901411
11 New Super Star Enterprises  Newroad, Kathmandu LG, Samsung Home Appliance 01-4242000/9851041437
12 Peoples Mobile Hub Newroad, Kathmandu All Brand Mobile 9851135126
13 Ashmi Jewellers Newroad, Kathmandu Gold, Silver & Diamond Jewellers 9851189764 / 01-4224905
14 Home Service Nepal Pvt Ltd New Baneshwor, Kathmandu Online All Brand Mobile,Home Appliance etc 9849168257 / 9851022980
15 A to Z Bazar Pvt ltd Putlisadak Online All Brand Mobile,Home Appliance etc 01-4222104 / 9851112104
16 IMS Connect Kamaladi, Kathmandu Samsung Mobile 9802006525
17 OLA Electronics Pvt Ltd Triveni Complex Putlisadak Huawei Mobile 9801248181 / 9801248151
18 Vastel Impex Pvt Ltd Thapathali, Kathmandu MI/Xiaomi Mobile 01-4101528 / 9841885531
19 Karuna Interior Pvt Ltd  Gairidhara, Kathmandu Furniture Item 9841277953
20 Shrestha Traders Ghorahi, Dang All Brand Mobile & Home Appliance 9812850131
21 Hard Hat Trading Pvt Ltd Baluwatar, Kathmandu Helmet & Accessories 9851027524
22 Shiv Shankar Traders Ghorahi, Dang Samsung,MI,VIVO,Oppo Mobile 9857834050
23 Jisan Store Rajbiraj-04 Samsung,MI,VIVO,Oppo Mobile 9804731720
24 S.M Mobile and Parts Center Rajbiraj-04 Samsung,MI,VIVO,Oppo Mobile 9816729281
25 TV World New Baneshawor, Kathmandu Home Appliances 01-4780343
26 Cyber Zone Damauli, Tanahun All Brand Mobile 9846133999
27 Mani TV Center Narayanghat,Chitwan Home Appliances 9845044715
28 Kumari Home Appliances Chabahil LG,Samsung Home Appliances 9841461883
29 Buddha Group of Electronics Gwarko Home Appliances 9802937531
30 Design City Nepal Pvt Ltd Sanepa Hometheater,Projectors 9818448212
31 Shree Ganesh Stores Tansen,Palpa Samsung,MI,VIVO,Oppo Mobile 9857060223
32 Jaya D urga Electronics Center Biratchowk, Morang,Nepal Samsung, LG 9852041542
33 A.B.C. Suppliers Biratchowk, Morang,Nepal Samsung, LG 9852041536
34 Bibha Laxmi Jewellers Biratchowk, Morang,Nepal Jewellery 9811039782
35 S.K.Furnishing Flooring &Electronics Rajbiraj,Saptari Furniture & Refrigerator, Television 9804741818
36 Jyoti Shree Pvt.Ltd. Babarmahal, Kathmandu Solar heater and Printer 9851112425
37 Gaire Mobile and Laptop Care Center Tansen,-04, Palpa MI Mobile 9857060005
38 New Lokman & Sons Bharatpur, chitwan Diamond and Gold 9855055412
39 Shrestha and Brothers Damak-08, Current Damak-06, Jhapa Furniture and Furnishing Items 9802740620/023-582640
40 I Hub Pvt Ltd Babarmahal, Kathmandu Oneplus Mobile 9851112425
41 Balaji Furnishing Center Damak-11, Jhapa Furniture & Furnishing 9852655156
42 Ugratara Technical Goods Dhangadhi, Nepal Computer, Laptop, Printer 9858420667
43 Namuna Electronics Dhangadhi, Nepal Home Appliances & Electronics Item 9858420631
44 Amit Impex Damak-6 Jhapa, Nepal All Brand Mobile & Home Appliance 9852675700
45 S.N Joshi & Sons Co Pvt Ltd Patan Hospital Road, Nepal SB Furniture 9802072012
46 Folliderm Health Care Pvt Ltd Baluwatar, Kathmandu Hair Transplent/Skin Clinic 14443443
47 New Saptakoshi Electronics Itahari Sunsari, Nepal Samsung & Himstar Electronics Item 9842035670
48 Nava Jeevan Traders and Suppliers Bhimdatta-4, Kanchanpur Samsung,CG,Yasuda Home Appliance 9848745672
49 Janata Trading Center Damak-11, Jhapa All Brand Home Appliances 9852677772
50 Janta Traders Damak-11, Jhapa All Brand Home Appliances 023-584033
51 Dipesh Infosys Dhangadhi, Nepal Computer, Laptop, Printer 9851168979
52 7+7 Mobile House Samakhusi Kathmandu All Brand Mobile 9851021672
53 National Suppliers Biratnagar-7, Morang A.C, Heater and Cooler 9852023194
54 Ugratara Trading House Dhangadhi,Nepal Computer, Laptop, Printer 9858515157
55 New Sarasawati Electronics Dharan-12,Nepal TV, Freez and A.C 9852049543
56 Star Vision Kasaki, Nepal Sony,Samsung,Whirlpool & Yasuda 9856023153
57 Good Will Electronics Kasaki,Nepal Samsung,Whirlpool, CG, TCL & Godrej 9856011700
58 Bela Motors Kathmandu,Nepal Bella Scooters & Bikes 9851063224 / 9841642777
59 Sargam Varieties Birtamod Jhapa, Nepal Hitache,Sony Home Appliance  9852679179


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