Payment in installments from Monobank
"Buy in Installments by monobank" is a unique service. It allows You to pay for goods in installments over up to 6 payments. The service applies to orders placed through the online store and retail purchases in physical stores.
The "loan term (payments)"* refers to the "Number of payments" including the first payment, which will be charged to the card on the day the order is placed. monobank's terms do not provide for cash payments by the customer to the seller's account details. Buy in Installments is available to monobank cardholders. The actual amount of the monthly payment under the "Buy in Installments" service will be determined in the Monobank mobile app and calculated according to the selected terms. Annual interest rate = 0.000001%. Card limit for installment purchases (min. — max. in hryvnias) from UAH 500 to UAH 200,000. Information on opening a card is available at: www.monobank.ua.
- The available limit for "Buy in Installments" can be checked in the monobank client app.
- At the time of purchase, the credit card must have a sufficient balance to cover the first payment.
- The purchase amount must not exceed the installment limit set for Your card. The purchase payment is split into 2 to 15 equal payments at the time of checkout. The first payment under the credit agreement amounts to 6.67% of the product price. The first payment will be charged to the card on the day the order is placed; the remaining payments will be charged monthly. Term — 14 months, 15 payments including the first payment. Grace period — 14 months. Under the Bank's terms, only the payer — the cardholder — may be the recipient of the goods.
How to use the offer when purchasing in the online store:
- Select the item of interest on the website that falls within Your "Buy in Installments" limit.
- Select the payment method "Buy in Installments monobank 2-15", where the number indicates the number of payments. Confirm the payment in the monobank app.
- You will receive the order number via SMS. Once notified by a staff member, You can collect the goods in store, from a courier, or at any Nova Poshta branch.
The credit is provided by and the advertiser is: JSC "Universal Bank", NBU License No. 92 dated 10.10.2011. License issued by the NBU. Detailed terms of the "Buy in Installments monobank" service are available at: https://www.monobank.ua/taryfy. For detailed promotional terms and a list of participating stores, please call the hotline: 0-800-300-100. Calls from landlines and mobile phones (Kyivstar, Vodafone, Life) within Ukraine are free of charge.