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Hire Purchase

Free hire purchase allowing for breaking the price into a convenient amount of payments

To use the installment, the monobank card is required

Cat

It’s simple

Become a monobank customer. It’s free

Learn about your hire purchase limit

Buy in installments from partner shops

Increase installment term up to 24 months

Look for the sign

Goods with the paw can sure be bought in installment. Please consult with the seller to learn about the available term options

Let’s compare

monobank

0%
  • For you, the installment is always free
  • Confirm the purchase in the app, without any paper documents
  • You’re happy after the purchase
  • Just increase installment term,
    if free is not enough for you

OtherBank

4%
  • 4% fee when paying against the credit funds
  • Signing a paper agreement
  • You’re irritated

How it works

Choose what you want to buy in a partner shop

Choose hire purchase from monobank

Confirm the purchase in the app

Increase installment term up to 24 months

The first installment will be paid while making the purchase, the next payment will be made in a month

part purchase

The first installment will be paid while making the purchase, the next payment will be made in a month

FAQ

How many items can I buy at a time?

As many as you want. The number of the agreements isn’t limited either, even if you’ve already got a number of hire purchases.

What’s the limit on hire purchase?

Your installment limit is your hire purchase limit, the number of the agreements you’ve got isn’t limited.

What documents are required to use the hire purchase?

None! You haven’t even got to wait for our bank to view your application, you get it immediately — whoosh, and you’re at home with your purchase.

Is there a fee for making the monthly payment against the credit funds?

When making the monthly payment against the credit funds, no fee is charged. You really do not overpay.

Where’s the catch?

There is no catch, the shop where you make the purchase pays for the installment. Supplier-recommended retail price policy doesn’t allow the sellers to reduce the price. But they’re ready to reduce their income so that you can make the purchase. Knowing that, you might want to buy some more from our partners.

How to increase installment term?

On the Buy in Parts confirmation screen, select a longer period. Please note that period increasing is paid.

Hire purchase
calculator

Total cost
0

Monthly payment
0
First payment date
9 августа
Total loan cost
0
Effective rate
0%
The calculation is approximate, is for informational purposes and is based on the assumption that the client makes a transaction on credit at a point of sale.
Minimal credit amount: 500 uah.
Maximal credit amount: 200,000 uah.
Minimal credit period: 2 months.
Maximal credit period: 24 months.
Haven’t got the monobank card?

No worries, you can get it right now

Opening the account with us and getting the card doesn’t commit you to anything. Besides the hire purchase, we’ve got many other great offers

monobank card

Opening the account with us and getting the card doesn’t commit you to anything. Besides the hire purchase, we’ve got many other great offers