With a presence in over 18 states and different outlets, SLOT is among the popular companies that offer buy now, pay later services for phones in Nigeria.

They sell a variety of high-tech phones, like those from Apple, Samsung, Infinix, etc. So, you can buy any phone of your choice from SLOT and pay for it over time.

They allow users to make purchases and pay for them in installments for six months. Hence, you can buy phones from them and pay for them in six different installments after making the 30% down payment.

Why you May Need SLOT for your Phones

SLOT Installment Payment for Phones

SLOT is one of the popular buy now, pay later platforms in Nigeria that has been in operation for a couple of years now. They sell different kinds of electronic products, including phones. 

According to SLOT’s website, they claim to sell quality and durable phones. They reveal that they work in collaboration with top brands like Apple, Samsung, Infinix, etc. to ensure that they only sell quality phones to their esteemed users.

Their buy now, pay later model is designed to enable their customers to buy the desired phones of their choice even when they don’t have money. So with SLOT, people can buy a high-tech phone of their choice and defer the payment to a later date. However, to be able to benefit from this model, users are expected to meet certain eligibility criteria.

How SLOT Installment Payment for Phones in Nigeria Works.

As we noted earlier, to use the SLOT BNPL model, interested individuals are expected to meet certain eligibility criteria, like the minimum age requirement, income source, and means of verification, among others. Once an individual meets the needed requirements, they will also be required to pay 30% of the total cost of the phone and spread the remaining amount (70%) over six months. 

In the simplest terms, you are expected to meet their requirements, make a 30% down payment of the total cost of the phone and spread the remaining cost over six months.

SLOT Installment Payment for Phones and Prices 

There are different brands of phones that people can buy using the SLOT BNPL model ranging from iPhones, Samsung, Tecno, Infinix, etc. The phone brands available at SLOT and their prices are enumerated below:

SLOT iPhone and Prices

  • Apple iPhone 15 Pro 256GB Dual Sim = ₦1,670,000.00
  • Apple iPhone 15 Pro 128GB Single Sim = ₦1,726,600.00
  • Apple iPhone 15 128GB Single sim = ₦1,310,000.00
  • Apple iPhone 15 Pro 256GB Single Sim = ₦1,900,100.00
  • Apple iPhone 15 Pro 512GB Single Sim = ₦2,400,000

SLOT Samsung Phones and Prices

  • SAMSUNG TAB A7 LITE 3GB+32GB = ₦181,500.00
  • Samsung Galaxy A04 3GB+32GB = ₦115,600.00
  • Samsung Galaxy A54 8GB+128GB 5G = ₦624,000.00
  • SAMSUNG GALAXY A34 6GB+128GB 5G = ₦490,000.00
  • Samsung Galaxy Z Fold 5 1TB = ₦3,087,000.00
  • Samsung Galaxy Z Flip 5 512GB = ₦1,676,000.00
  • Samsung Galaxy Tab S9 Ultra 512GB = ₦1,952,000.00
  • Samsung Galaxy Tab S9 Plus 256GB = ₦1,667,000.00
  • Samsung Galaxy S23 FE 8GB+256GB 5G = ₦960,000.00
  • Samsung Galaxy A05S 4GB+128GB = ₦184,000.00
  • Samsung Galaxy A25 8GB+256GB 5G = ₦437,400.00
  • Samsung Galaxy A25 6GB+128GB 5G = ₦375,000.00
  • Pre Order Samsung Galaxy S24 8GB+256GB – Standard Package = ₦300,000.00
  • Pre Order Samsung Galaxy S24 8GB+128GB – Standard Package = ₦300,000.00

SLOT Tecno Phones and Prices

  • TECNO CAMON 19 PRO 8GB+256GB (CI7n) 5G = ₦261,900.00
  • Tecno Pop 8 3GB+64GB = ₦100,500.00
  • Tecno Pop 8 4GB+128GB = ₦113,600.00
  • Tecno Spark 20 4GB+128GB = ₦126,800.00
  • Tecno Spark 20 8GB+128GB = ₦139,200 
  • Tecno Spark 20 8GB + 256GB = ₦152,300

SLOT Infinix Phones and Prices

  • INFINIX NOTE 12 PRO 5G X671B 128GB+8GB = ₦204,500.00
  • Infinix Note 30 X6711 4GB+128GB 5G = ₦228,500.00
  • Infinix Smart 8 128GB+4GB 4G = ₦112,200.00
  • Infinix Hot 40i 8GB +128GB = ₦142,900.00
  • Infinix Hot 40i 8GB + 256GB = ₦144,900

SLOT Oppo Phones and Price

  • OPPO A17K 3GB+64GB = ₦133,900.00
  • OPPO RENO 8T 8GB+256GB 4G = ₦430,000.00

SLOT Nokia Phones and Prices

  • NOKIA C10 1GB + 32GB = ₦70,800.00
  • Nokia G20 4GB+64gb = ₦163,200.00
  • Nokia G10 32GB, 3GB = ₦152,400.00
  • Nokia C30 3GB+32GB = ₦96,200.00
  • NOKIA C10 1GB + 32GB = ₦70,800.00
  • NOKIA C30 3GB+64GB = ₦101,900.00
  • Nokia C21 2GB+32GB = ₦100,300.00
  • NOKIA C21 Plus 2GB + 64GB = ₦110,400.00
  • NOKIA C10 2GB + 32GB = ₦82,800.00
  • NOKIA G60 6GB+128GB = ₦305,000.00
  • NOKIA C12 2GB+64GB Dual Sim = ₦94,500.00
  • NOKIA C31 3GB+32GB = ₦103,400.00

How to Use SLOT Buy Now, Pay Later Model 

Once you have all the needed documents, you’re ready to make a 30% down payment while  spreading the remaining amount over six months. Then follow the simple steps below to get a slot phone:

  • Check-in at any of their outlets nearest to you (they have branches in 18 states across Nigeria).
  • Visit any of their staff and inform them that you want to buy phone
  • Present all the needed documents to the staff
  • They will review your documents and the details you gave them.
  • If you’re qualified, you’ll then pay 30% of the total cost of the phone. However, if there is variation in the terms and conditions, they will also inform you.
  • Once everything is finalized, the phone will be given to you.
  • The remaining cost amount will be spread over six months, and you’re expected to repay it as agreed to avoid blocking your device.

Does SLOT allow installment payments for phones?

Yes, SLOT allows installment payments for phones. They allow users to make purchases and spread the cost over six months.