Terms & Conditions.
01. Under this program, only Galaxy Tab A will be sold in Hire Purchase. However, in special cases it may be reluctant which is the sole discretionary of the company.
02. The applicant must apply in the prescribed ‘Application Form’ of the company. The applicant will have 1 (one) Guarantor who will be committed to pay the dues of the company or arrange for return of the product for the failure to pay the price of the car by the Applicant/Hirer. Father/mother of the applicant will be the Guarantor.
03. The applicant must have a bank account in any scheduled bank in Bangladesh.
04. The applicant should submit 2 (two) copies of his/her own passport size photograph, photocopies of national identity card (NID), Student ID card and utility bill. In addition, 1 (one) copy of passport size photograph and photocopy of national identity card (NID) of the Guarantor should be submitted.
05. Based on the proper verification and scrutiny of the information given in the Application Form by the authority, it will be decided whether the product will be sold to the applicant in Hire Purchase or not which is the sole jurisdiction of the company.
06. After the acceptance of the application, the buyer will enter into an agreement under Hire Purchase with the company in a prescribed form of the company and also KNOX declaration must be signed.
07. Monthly installment/rent will be collected through Account Payee Cheques. That’s why the applicant will have to provide equivalent number of post-dated cheques in favor of the company as the monthly installment/rent before executing the agreement.
08. The applicant will receive the product applied for Hire Purchase immediate after paying the Down Payment in cash/cash cheque, providing installment/rent cheques and execution of the agreement.
09. The Hirer must receive and store the appropriate receipt of the company against any type of financial transaction with the company.
10. Any transaction without proper receipt provided by the company is strictly prohibited. Any transaction other than proper receipt of the company will be treated as a personal transaction and the company will not have any liability in this case.
11. Monthly installment/rent will be collected through cheques already given to the company. No further contact will be made with the Hirer before depositing the cheque in the company's bank account. However, if the check is dishonored; the Hirer will be fully responsible and the company reserves the right to take legal action against the Hirer. In the special case, the Hirer will have the scope of depositing the monthly installment/rent in the company's showroom or bank account informing the proper authority.
12. In case of arrears or non-payment of monthly installment/rent, company as the owner will have the right to repossess the product as per the agreement with the Hirer at any time and the Hirer will not get back the money already paid as down payment and installment/rent. In this case any excuse or objection of the Hirer will not be acceptable.
13. During the period of Hire Purchase, the representative of the company may contact the Hirer to check product condition and verify the receipts against monthly installment/rent. The Hirer will have to cooperate with the representative of the company in this regard.
14. If the Hirer changes his place/address of his residence or relocates during the period of installment/rent, he must inform the sales center of the company in writing. However, product purchased on Hire Purchase/rental basis in any way during the contract period may not be sold or transferred to any other person.
15. The Hirer must receive the Last Payment Receipt (LPR) after paying the last monthly installment/rent of the purchased product and the Hirer will be the legal owner of the product immediately after receiving the LPR and the agreement related to the Hire Purchase of product made with the company will automatically be void.