Access bank has introduced Device financing scheme for Nigerians for procurement of phones on credit.
Device Finance scheme is designed to provide customers on salary income with the opportunity to purchase smartphones of their choice and pay over a period of 12 months.
Device Finance is designed to finance the purchase of devices under a contract arrangement. The financing scheme currently includes smartphone devices, where customers can enjoy additional benefits with an optional monthly airtime bundle, which can also be converted to data.
“Under the Device Finance scheme, we are offering a variety of smartphones from TECNO to the iPhone series ranging from ₦12,500 – ₦325,000, where customers pay anything from ₦1,500 a month to ₦30,000 a month, depending on the selected device.
“The Device Finance airtime bundles range from ₦2,750 – ₦22,750 and our partnership with MTN allows MTN users benefit from huge discounts, where customers can also get some devices for free by adding the monthly MTN airtime bundle subscription”.
Features of Access Bank Device Financing
- No collateral required
- Free airtime bundles with MTN
- Up to 12 months (12) term
Who is Qualified?
The Device Finance scheme is available to all Access Bank salaried customers
How to Get Device Finance Scheme from Access
Customers can access the Device Finance scheme by downloading the QuickBucks app from Apple iOS App Store or Google Play store and follow the prompt steps.
Good innovation but I m always afraid of excessive charges on bank loans. Phones are not luxury, just buy when u can afford it.
It’s matter of calculation. If the interest is not too much.
I’ll rather buy the one I can afford.
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Why would one even collect a loan just to get a phone if its not gonna fetch you money?
Not a good idea at all especially collecting loans from the bank
Would rather save up and buy the phone I want when I have the money than commit with with a bank loan
It’s not as if it’s for all, just their staffs
@Romeo Aje, This is not a load, its called financing
In all advance country of today do have financing for anything you can think of
Buy and pay later, the payment will be spread for few months.
We are yet to get there thats why you’re thinking its a bad idea
Interesting
Very nice development from access bank