Appliance installments – buy now, pay monthly with Salmon

An appliance installment is a way to purchase home appliances through monthly payments instead of one full amount with financing options like Product Loan. With Product Loan, you can review the item’s total cost, your monthly payments, and any required down payment in your offer before you decide.

To buy an appliance on installment, visit any participating Salmon partner store. Make sure to bring at least one valid ID. Inside, approach our sales ambassador, who will assist you with the application process. 

Visit our location directory to see the nearest Salmon partner store offering appliance installments near you

You can apply for an appliance installment without a credit card requirement via Salmon Product Loan. Visit a participating partner store, present one valid ID, and complete your application with our sales ambassador. We will evaluate your application and come back to you with a decision. Please take note that all applications are subject to approval.

Down payment terms for Product Loan may vary. The exact down payment you are eligible for is calculated based on your profile and ongoing promotions. This will appear directly in your loan offer.

Salmon Product Loan offers flexible terms, including 4, 6, 9, 12, 18 and up to 24 months depending on your approved offer and the partner store you apply in. Interest rates and fees will depend on your profile, the appliance model, the store and the loan term you select. In some cases, you may qualify for a 0% down payment (zero down payment) offer, depending on your eligibility and current promotions. You will see the total cost, final down payment, monthly payments and any applicable charges while you review your loan offer. 

To estimate your monthly Product Loan payments, try our Product Loan calculator.

To apply for an appliance installment with Salmon Product Loan, follow these steps:

1. Visit the Salmon website or mobile app
2. Choose your preferred Product Loan amount based on the type of appliance you want to buy and your budget. Use the Product Loan calculator to review your monthly payment and down payment options.
3. Fill out and submit the online Product Loan application form. Salmon will check your application and let you know right away if you receive online approval.

If your application is approved online, you can proceed to the next step and continue applying at a partner store. Please take note that you must still complete the final approval process with the help of a Salmon sales ambassador.

Here’s how to complete your application in-store:

1. Visit a Salmon partner store that sells appliances. Check our location directory to find a partner store near you.
2. Inside your selected store, approach our Salmon sales ambassador. They will help continue your application and confirm final approval from Salmon before you sign the loan agreement.
3. Once your application is fully approved by Salmon, sign the loan agreement and claim your appliance on the same day

Here are the requirements for an appliance installment in the Philippines, particularly at Salmon:

• One (1) valid ID – see our list of valid IDs at Salmon
• A stable or steady source of income (whether employed or self-employed)
• An active Philippine mobile number
• Your personal email address
• Be at least 18 years old

Some appliance installment offers may include optional protection coverage, depending on the terms of your approved plan. If protection applies, the details will be stated clearly in your loan agreement. Insurance may be provided by the manufacturer or an external partner.

You can purchase a wide range of household appliances on installment, including refrigerators, washing machines, air conditioners, televisions, and other kitchen and home appliances. Available models and brands depend on the partner store’s inventory and may change from time to time.