Smart Employee Purchase Plan. Built for organizations. Loved by employees.
Last updated: 3 July 2026
A curated program by OEM Authorized Resellers, Leasing Partners and Protection Partners. Latest smartphones, tablets and laptops for corporate employees with up to 40% savings.
Smart EPP is a curated program by OEM Authorized Resellers, Leasing Partners and Protection Partners. It brings the latest smartphones, tablets and laptops to corporate employees with tremendous savings.
The short version: an Employee Purchase Plan lets your staff take home the latest iPhone, Galaxy, MacBook or ThinkPad on a company-backed lease, paid in small monthly amounts through payroll. This is a device benefit, not an ESPP stock scheme. The device sits off your balance sheet, the employee saves up to 40% against retail through GST set-off and tax treatment, and OneAssist covers accidental damage and theft for the full term. We have seen HR teams open the scheme to staff within a week of signing the master lease.
Employee Purchase Plan or ESPP? They are not the same
Search for “employee purchase plan” and half the results are about company stock. This program has nothing to do with shares. Here is the difference in one look.
| Employee Purchase Plan (devices) | Employee Stock Purchase Plan (ESPP) | |
|---|---|---|
| What the employee gets | A phone, tablet or laptop to use and then own | Company shares bought at a discount |
| Who runs it | HR, with a reseller and a leasing partner | Finance, with a broker or registrar |
| Main benefit | Up to 40% savings and no upfront cost | Buying stock below market price |
| Where Sirius Star fits | We supply and manage the devices | Not our area |
Tablets
Laptops
19,000 pincodes
The best of benefits. For all.
For your organization
Boost productivity across teams.
Stronger talent retention and attraction.
Improve employee lifestyle and wellbeing.
Build a stronger employer brand.
For your employees
Lowest cost of ownership.
Up to 40% savings vs buying outright.
Easy monthly EMI.
Complete joy of ownership and easy 1-year upgrade.
0% hassle. 100% flexibility for your organization.
Zero financial liability
The organization carries no balance-sheet load.
Simple implementation
Master agreement once, run for years.
Minimal admin burden
Employees self-serve via the OneAssist app.
Upfront GST set-off
Available to the organization on day one.
Devices on offer
Smartphones
Latest Apple iPhone and Samsung Galaxy models.
Tablets
iPad Pro, iPad Air and Samsung Galaxy Tab.
Laptops
MacBook, ThinkPad, Latitude and EliteBook business lines.
Worked example: iPhone 16 Pro at 64% of MRP
| Line item | Value (Rs) | Notes |
|---|---|---|
| iPhone 16 Pro MRP | 1,19,900 | Manufacturer retail price |
| Cost including GST | 1,12,706 | 6% upfront corporate discount |
| Cost without GST | 95,514 | After 18% GST set-off |
| Interest for 1 year | 7,641 | 8% on invoice value |
| OneAssist plan | 6,686 | 1-year ADLD plus Theft cover |
| Tax saving | (-) 32,952 | Up to 30% tax discount on rentals |
| Effective price | 76,889 | 64% of MRP |
| Employee payment per month | 9,154 | Across 12 months |
Residual value of 2% to be paid at end of tenure. Option of assured buyback at end of tenure. Accessories can also be part of the plan.
Worked example 2: iPhone 16 (128 GB)
| Line item | Value (Rs) |
|---|---|
| iPhone 16 (128 GB) MRP | 79,900 |
| Insurance pack (ADLD) | 13,199 |
| Total package MRP | 93,099 |
| Monthly rent | 6,904 |
| GST on rent | 1,243 |
| Total monthly outflow | 8,146 |
| Net effective price per device | 56,660 (61% of MRP) |
| Employee savings | 39% |
The key players
Reseller
Sirius Star supplies the devices from OEMs and offers special corporate discount on MRP.
Lessor
Funds the device purchase and converts it into easy EMIs for the employee.
OneAssist
Powers the protection plan during the lease including theft, ADLD repairs, dedicated app and buyback.
Your organization
Signs the master lease, rolls out the scheme via HR, sets policies on eligible bands.
How it works: 11 steps end to end
Master Lease Agreement
The organization signs a master agreement with the designated leasing partner.
Internal scheme announcement
HR announces the smartphone, tablet and laptop leasing benefit to eligible employees.
Employee device selection and order
Employees browse and order their preferred device through the OneAssist app.
OneAssist protection plan activation
A 1-year plan covering ADLD and Theft is automatically activated for the device.
Administrative approval
HR or the authorized SPOC approves the employee request within the app.
Device delivery
Upon approval, the reseller delivers the device directly to the employee.
Device enrolment
The device is enrolled in the organization work profile management system for OTA app deployment.
Invoice and proof of delivery
Reseller submits proof of delivery to the organization and the leasing partner, then invoices the lessor.
Lease rental payments
The lessor generates a rent schedule. The organization makes lease payments over 12 months.
End of lease options
Pay a 2% residual to own the device, or take Assured Buyback to upgrade to a new device.
(Optional) Assured Buy Back
If the employee chose ABB at the start, OneAssist buys the device back at an assured price for upgrade.
The OneAssist Advantage
Benefits of the protection plan
Accidental damage
Covered for the full lease term.
Liquid damage
Covered with pickup and drop service.
Theft protection
Included in every plan.
Assured buyback
Market-best rates at end of tenure.
Sirius Star role in Smart EPP
Sirius Star is the OEM Authorized Reseller in this program. We supply the devices and offer the corporate discount on MRP. The lease is funded by the leasing partner. The protection and the dedicated app are powered by OneAssist. If you would rather the company own and manage the fleet instead of the employee, look at laptop leasing for business. For the device menu your staff choose from, see our Samsung business mobiles and Apple for business ranges.
Common questions
Who carries the financial liability on the lease?
The leasing partner funds the device and the employee pays the monthly rent through payroll deduction. The organization does not carry the device on its balance sheet.
What is included in the OneAssist protection plan?
One year of Accidental Damage and Liquid Damage cover plus Theft protection. Repairs are arranged via pickup and drop across 19,000 pincodes. Assured Buyback is available at end of tenure if chosen at the start.
What happens at end of the 12 month lease?
Two options. Pay a 2% residual value and own the device. Or take Assured Buyback and upgrade to a new device with a fresh lease.
Can accessories be part of the plan?
Yes. AppleCare, screen protectors, keyboards and other approved accessories can be included in the lease bundle.
How do we get started?
Send your team size, eligible device categories and rollout timeline to care at siriusstar.in. We will reply with a written quote in 24 working hours.
Is this the same as an ESPP stock plan?
No. An ESPP lets employees buy company shares at a discount. The Employee Purchase Plan here is a device benefit. Your staff get the latest phone, tablet or laptop on a payroll-linked lease, with tax and GST savings and a protection plan. No shares are involved.
Who actually saves the tax, the company or the employee?
Both gain in different ways. The employee pays the lease rentals as part of CTC, which lowers taxable salary under the perquisite rules, so take-home savings can reach 40% against retail. The organization claims GST input credit on the lease and carries no asset on its books. Your finance team can confirm the exact treatment for your payroll structure.
Can employees pick any brand, or only one?
Any of the brands we carry. As an OEM Authorized Reseller we supply Apple, Samsung, Dell, Lenovo and HP, so an employee can choose an iPhone, a Galaxy tablet or a ThinkPad from the same program. You set the eligible bands and price caps by grade.
What happens if an employee leaves before the lease ends?
Your policy decides. The common options are the employee settles the residual and keeps the device, the lease transfers to their personal name, or the device returns under Assured Buyback. We help you write this into the scheme document before rollout so there are no surprises.
Get a written quote in 24 working hours
Reply on WhatsApp +91 91375 93228 or email care at siriusstar.in.