Product Loan
iPhone installments with Salmon
Get the iPhone you want with an easy, monthly installment plan
iPhone installments calculator
Enter your desired iPhone's retail price to see your estimated monthly installment
Terms and Conditions apply. POS Loans is a product offered by Salmon Finance Inc. (formerly Sunprime Finance Inc.) LoanOnline, powered by the Salmon app, serves as the online lending platform for Salmon Finance Inc., a licensed financing company regulated by the SEC with CA No. 1241 and CR No. CS201916698.
How installments at Salmon work
Don’t pay in full for your iPhone — pay in easy monthly installments. Salmon’s application starts online and takes just a few simple steps
Choose your iPhone
Find the iPhone model with your desired specs and storage. Use the catalog as reference and our installment calculator to determine the loan terms that fit your budget.
Submit a quick application
Fill out a short form with your personal and financial information. The entire process only takes a few minutes — with quick approval to follow. You may also apply via Salmon app.
Get approved and pick up your iPhone
Submit your easy application online. Once approved, confirm the agreed terms online, then visit any Salmon partner store to pick up your new iPhone.
Popular iPhone models available in installments
Discover the most in-demand iPhones customers purchase with Salmon. Choose a model below to buy now via installment and pay later
Iphone 17 pro
From ₱59,990
Iphone 17
From ₱35,990
iPhone Air
From ₱39,990
iPhone 16
From ₱32,990
iPhone 16 Plus
From ₱27,990
iPhone 16e
From ₱35,990
iPhone 15
From ₱39,990
iPhone 14
From ₱32,990
Who can apply for iPhone installments
Review the eligibility criteria below for better chances at approval
Must be Filipino and at least 18 years old
One valid government ID
Stable income
Email and Philippine mobile number
Why get your new iPhone with Salmon
Choose an iPhone installment plan in the Philippines with a fast application process, clear, upfront terms, and without credit card requirement
Fast approval and simple process
Complete most of the application steps from your phone and get quick approval with no credit check. Minimal paperwork, less waiting time.
Transparent monthly payments
Payments are not only flexible — they're transparent. All costs are clear in your offer: monthly payments, the total repayment amount, and any interest or fees.
No suprises, no hidden fees
Whether you opt for zero down payment or 10%, Salmon doesn’t add last-minute service charges or penalties to your plan. Find out more in the Terms and Conditions.
What our customers say
See what our customers are saying about getting the latest iPhone models via Salmon installments
FAQs
An iPhone installment allows you to purchase your device through financing options like Salmon Product Loan and pay in fixed monthly payments instead of the full amount upfront. Your loan terms, including your monthly payments and total cost, are shown in your loan agreement before you proceed.
If you’re thinking about where to buy an iPhone installment, visit a participating Salmon partner store. Bring at least one valid ID and speak with a Sales Ambassador, who will assist you with the application process.
You can check available partner store locations through our location directory.
You do not need a credit card to apply for a Product Loan. Just visit any of our partner stores offering iPhone installments, present one valid ID, and complete your application with our sales ambassador. We will then evaluate your application and come back to you with a decision.
Down payment terms for Product Loan may vary. If you are eligible, you can pay as low as zero down payment (0%) for an iPhone installment with Product Loan, depending on the offer you receive.
The exact down payment is calculated by Salmon based on your profile and ongoing promos. If you qualify for a lower down payment (including 0%), this option will appear directly in your offer during application.
To estimate how much you need to pay for your Product Loan every month, you may try our Product Loan calculator.
To apply for an iPhone installment with Salmon Product Loan, follow these steps:
- Visit the Salmon website or mobile app.
- Choose your preferred Product Loan amount based on the type of iPhone you want to buy and your budget. Use the Product Loan calculator to review your monthly payment and down payment options.
- 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:
- Visit a Salmon partner store that sells iPhones. Check our location directory to find a partner store near you.
- 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.
- Once your application is fully approved by Salmon, sign the loan agreement and claim your iPhone on the same day
Here are the requirements for an iPhone installment in the Philippines, particularly at Salmon:
- Be at least 18 years old
- One (1) valid ID – see our list of accepted IDs at Salmon
- A stable or steady source of income (whether employed or self-employed)
- An active Philippine mobile number
- Your personal email address
