Phone installments: how much down payment and how many installments?
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Your down payment and the number of installments are the two numbers that set your monthly installment. This article explains where each one comes from and what to check before you choose.
Where the down payment comes from
On the application you can enter the down payment you'd like to pay. The system then assesses your income and occupation and sets the down payment you actually need to pay, which may differ from what you entered. The branch tells you the approved down payment, monthly installment and number of installments before you sign.
The down payment is paid at the branch on the day you collect your phone. Each model's starting down payment and monthly installment are shown on its product page.
How many installments can I choose?
You can choose 10, 12, 15 or 18 installments, as offered by the branch and subject to the cap for each occupation. The application only shows the number of installments actually available to you.
Fewer or more installments: what's the difference?
The installment price already includes the service fee and is fixed as quoted, with no separate per-installment interest. Check these 3 things before you choose.
- Monthly installment: more installments usually mean a lower monthly amount, making each month easier to pay.
- Total for the whole contract: for each option, compare the down payment plus the monthly installment times the number of installments.
- Your income: choose a monthly installment you can pay on time every month without strain.
If you can't keep up with payments
Contact the branch to talk it over before the due date. If a payment is overdue, the company has the right to send reminders and temporarily suspend use of the phone under the contract terms until the overdue amount is paid.
Frequently asked questions
10, 12, 15 or 18 installments, as offered by the branch and subject to the cap for each occupation. The application only shows options that are actually available.
Not yet. The system assesses your application and sets the down payment you actually need to pay. The branch tells you the approved down payment, monthly installment and number of installments before you sign.
The installment price already includes the service fee and is fixed as quoted, with no separate per-installment interest.
Ready to apply for installments?
Apply online with just one ID card and choose your own branch and appointment time.
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