Mobile phones on installment

A mobile phone installment is a convenient way to purchase an eligible mobile phone through monthly payments instead of one full amount with financing options like Salmon Product Loan. With Product Loan, you can review the phone’s total price, your monthly payments, and any required down payment in your offer before you decide.

Mobile phone installment plans typically start at around ₱1,000 and may go up to ₱60,000, depending on your eligibility and the terms and conditions of the partner store. The exact Product Loan amount available to you will be shown clearly in your offer, so you can choose a phone that fits your budget.

Down payment terms may vary. Depending on your offer and current promotions, you might qualify for a zero down payment (0%). The exact down payment will be calculated based on your profile and will appear in your offer before you proceed.

Salmon Product Loan offers flexible terms ranging from 4, 6, 9, 12, 18, and up to 24 months, depending on your approved offer and the partner store. Interest rates and fees depend on your profile, the phone price, and the term you choose. In some cases, you may qualify for a 0% down payment. Before you confirm anything, your loan offer will clearly show your monthly payments, total cost and any fees.

To apply for a mobile phone 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 mobile phone 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.
4. 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.

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 mobile phones. 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 mobile phone on the same day

Here are the requirements for a mobile phone installment plan in the Philippines with Salmon:

• 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
• Be at least 18 years old