Device Financing… who offers it, at which Conditions and for which Devices?
Do you know you can purchase smartphones by installment? Device financing offered by several telecom firms in Nigeria makes this possible.
MTN Device Financing
MTN is a leader in device financing. It allows you to purchase your dream tab or smartphone and spread payment over a 6-month period.
Moreover, MTN financing option is offered through Diamond Bank. Once you complete the device financing form in MTN website, you will be contacted within 48 hours. You can easily pick up your device at the location you chose.
When completing the form, you will be required to provide some basic details such as personal information and contact details. Other required details include identification, pickup location, and a preferred mobile device.
The mobile devices available for MTN device financing include Samsung Galaxy Note 8 Black, Galaxy S8+, Galaxy S8, Samsung S9, and Samsung S9+.
Airtel Device Financing
Airtel device financing allows you to purchase any mobile device you want and pay by installment. You can pay over a period of 3 to 6 months.
To be eligible for this option, you need to be between 22 and 55 years of age, have a paid employment, live in Lagos, run a current account, and your credit bureau report must be clean.
If you meet the above requirements, you can visit any Airtel shop to get your device.
Smile Device Financing
With Smile device financing, you can purchase Smile SMiFi or Router over a period of 3 to 6 months. This scheme is provided under the RenMoney Buy Now, Pay Monthly scheme.
To qualify for this package, it is important to have a debit card linked to your salary account. Also, the debit card should be at least valid for 6 months. Additionally, you need to have a BVN, recent account statement for 3 months, a checkbook and a proof of identification.
You can get the Smile device by visiting Smile shops listed below with the aforementioned documents.
Smile Shops locations:
- Ibadan: 99, Old Lagos – Ibadan Road Challenge Ibadan.
- Port Harcourt: 174 Aba Road by D Waterline, Port Harcourt.
- Abuja: 80 Aminu Kano Crescent, Wuse 2, Abuja.
- Victoria Island: 39C Ahmed Onibuodu Street, off Adeola Hopewell, VI.
- Surulere: Adeniran Ogunsanya Shopping Mall (Shoprite), Shop B26, Surulere.
- Ikeja: Smile Regional Office, 21 Toyin Street Ikeja.