Free hire purchase allowing for breaking the price into a convenient amount of payments
To use the installment, the monobank card is required
It’s simple
Become a monobank customer. It’s free
Learn about your hire purchase limit
Buy in installments from partner shops
Increase installment term up to 24 months
Look for the sign
Goods with the paw can sure be bought in installment. Please consult with the seller to learn about the available term options
Partners
Shops where you can use the installment both IRL and online. More to come!
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How it works
Choose what you want to buy in a partner shop
Choose hire purchase from monobank
Confirm the purchase in the app
Increase installment term up to 24 months
The first installment will be paid while making the purchase, the next payment will be made in a month
The first installment will be paid while making the purchase, the next payment will be made in a month
FAQ
How many items can I buy at a time?
As many as you want. The number of the agreements isn’t limited either, even if you’ve already got a number of hire purchases.
What’s the limit on hire purchase?
Your installment limit is your hire purchase limit, the number of the agreements you’ve got isn’t limited.
What documents are required to use the hire purchase?
None! You haven’t even got to wait for our bank to view your application, you get it immediately — whoosh, and you’re at home with your purchase.
Is there a fee for making the monthly payment against the credit funds?
When making the monthly payment against the credit funds, no fee is charged. You really do not overpay.
Where’s the catch?
There is no catch, the shop where you make the purchase pays for the installment. Supplier-recommended retail price policy doesn’t allow the sellers to reduce the price. But they’re ready to reduce their income so that you can make the purchase. Knowing that, you might want to buy some more from our partners.
How to increase installment term?
On the Buy in Parts confirmation screen, select a longer period. Please note that period increasing is paid.
👉 The calculation is approximate, for informational purposes only, and is based on the assumption that the client conducts a credit transaction at the point of sale.
Minimum loan amount - 1 UAH. Maximum loan amount - 400,000 UAH. Minimum loan term - 2 months. Maximum loan term - 24 months.
👉 Information about possible consequences of using a loan or failure to fulfill obligations under the contract:
When receiving a loan:
The customer who took a loan returns the amount in accordance with the terms of the contract and the law;
The customer who took a loan can incur costs in the form of interest and fees;
The amount of credit limit may change.
In case of late repayment of indebtedness or other violations of the contract:
The customer who took a loan may be subject to a penalty;
We have possibility to require a premature repayment of the loan and reimbursement of losses caused to us by violation of contractual obligations;
We have the right to apply to collector companies in case of the customer’s failure to repay the indebtedness;
The condition of obtaining a loan cannot be the purchase of any products or services related to us, because it is forbidden.
We do not have the right to make amendments in the contracts with the customers on our own, except for the cases specified in the contract and the law;
The customer may also refuse from receiving the electronic advertising materials - letters, messages, etc.
Haven’t got the monobank card?
No worries, you can get it right now
Opening the account with us and getting the card doesn’t commit you to anything. Besides the hire purchase, we’ve got many other great offers
Opening the account with us and getting the card doesn’t commit you to anything. Besides the hire purchase, we’ve got many other great offers
