MTN Device Finance Scheme FAQ

MTN Device Financing Scheme

What is the MTN Device Financing Scheme
  • This is a product offered by MTN , which gives MTN customers access to a wide range of smartphones at a convenient and
    affordable payment plan. You can pay over a period of 3 to 12 months.
  • MTN has partnered with Samsung & Standard Chartered Bank to offer this service as a very low interest loan scheme (as low as 0%).
Who is this product offered to?
This product is offered to all MTN, Standard Chartered customers and new customers on the MTN network as well as
Standard Chartered bank who pass the credit approval process.
What does this product offer?
This product offers a comprehensive range of payment schemes( 0% financing for three months payment
option for SCB non credit card users and up to 12 months payment for SCB credit card users.
What is the benefit in applying for the scheme
  • You get to own your dream Samsung Galaxy Smartphone or Tab and pay using a convenient payment plan.
  • Up to 0% Interest rate for 3 months payment option for SCB non credit card users
  • Up to 12 months payment option for SCB credit card users
  • Free Internet data from MTN
  • Free Accessories
How do I get started?
  • Visit the online application portal:
  • You will be contacted by the bank within 48 hours and you will be informed if your application is approved or not
  • There after, you go to pickup you smartphone from your preferred MTN Store.
Who do I contact if I have any queries regarding this product?
  • Please contact MTN call centre on 180 or email 
  • Please contact Standard Chartered bank on xxxxxx or email xxxxxxxxxxx
How long after I my application will I get a response from SCB
A consultant will call you within 48 hours
How long after the application has been done will I obtain feedback?
Upon completion of the form , approval notification will be sent to your email address within 48 – 96 hour.
For all unforeseen delays, one of SCB’s friendly consultants will contact you.
How will I obtain my device?
When completing your form, you will be asked to select the MTN store of your choice to pick up.
What are the options available and their prices?

Phone Type


( with free Internet and free accessory)

Three months payment option

Credit card payment option


Samsung Galaxy Note 10.1


N35,000 monthly   X 3 months

Up to 12 months


Samsung Galaxy Note 11


N33,536 monthly X 3 months


Samsung Galaxy Tab 10.0


N25,000 monthly X 3months


Samsung Galaxy Tab 7.0


N19,666 monthly X 3 months


Samsung Galaxy S3 Mini


N18,666 monthly  X 3 months