1. Eligibility Criteria

1.1 Age Requirement: Applicants must be at least 18 years old at the time of applying.
1.2 Residency: Customers must be Bangladeshi nationals with a valid National ID (NID).
1.3 Guarantor Requirement: A guarantor is mandatory for all financing applications, and they must also provide their NID copy and proof of address.
1.4 Employment Status: Customers should be employed, self-employed, or have a steady income source to ensure repayment capability.
1.5 Downpayment: Customers must pay an upfront 40% – 50% downpayment of the total product price.

2. Application & Documentation

2.1 Required Documents:

• Photocopy of the applicant’s National ID Card
• Utility bill copy as proof of address (electricity/gas/water bill)
• Passport-size photo of the applicant
• Guarantor’s NID photocopy & contact details
• Income proof may be required for high-value purchases

2.2 Application Review & Approval:

• All applications are subject to review and approval by Best Electronics.
• The company reserves the right to approve or reject any application without providing a reason.
• Approved customers will be informed via call/SMS.

3. Payment Terms & Installments

3.1 Installment Tenure: Financing is available for a maximum of 18 months.
3.2 Monthly Installments: Customers must pay installments on time each month to avoid penalties.
3.3 Payment Mode: Payments can be made via bank deposit, mobile banking, or in-store payment at Best Electronics outlets.
3.4 Late Payments: Any delay in payment beyond 7 days will result in late fees as per company policy.
3.5 Early Settlement: Customers can prepay the entire balance at any time without extra charges.

4. Product Ownership & Liability

4.1 Ownership Transfer:

• Best Electronics retains ownership of the product until all installments are paid in full.
• Customers cannot sell, lease, or transfer the product until full payment is completed.

4.2 Product Responsibility:

• Any damage, theft, or loss of the product does not exempt the customer from making payments.
• Customers are responsible for maintenance and repairs of the product after purchase.

5. Default & Legal Action

5.1 Non-Payment Consequences:

• If a customer misses three consecutive payments, Best Electronics reserves the right to repossess the product.
• Legal action may be taken, and the customer’s credit history will be negatively impacted.
• The guarantor will be held responsible for pending dues if the customer fails to pay.

5.2 Blacklisting Policy:

• Defaulters may be blacklisted from availing future installment facilities from Best Electronics.
• Best Electronics reserves the right to report non-payment to credit bureaus and legal authorities.

6. General Terms

6.1 Best Electronics reserves the right to modify or discontinue the Super Kisti facility at any time.
6.2 All disputes arising out of this agreement will be subject to the jurisdiction of the courts of Bangladesh.
6.3 By signing up for Super Kisti, customers agree to all the above Terms and Conditions.