40% initial deposit
Confirmed phone price × 40%. This is the first and most important amount to plan for.
Ask FORMEXiPhone Easy Buy
Start with a 40% initial deposit, then review an estimated 1–3 month repayment plan. Monthly is the default; eligible iPhone 11 and 12 offers may also have weekly or bi-weekly options.
Product and offer information
The initial deposit is calculated from the confirmed device price. Repayment figures remain estimates until FORMEX reviews the application.
Confirmed phone price × 40%. This is the first and most important amount to plan for.
Ask FORMEXThe balance is used to estimate repayments over the selected 1–3 month duration.
Ask FORMEXWeekly or bi-weekly is shown only for eligible iPhone 11 and iPhone 12 offers.
Ask FORMEXBuyer decision guide
Use these checks to get a precise answer and avoid comparing offers that describe different devices or payment terms.
Send your exact requestChoose the exact iPhone model, storage and condition.
Ask FORMEX to confirm today’s price before calculating.
Select a one-, two- or three-month duration; monthly is the default.
Prepare for verification that may involve your BVN or NIN.
FORMEX store details
Delivery is available in Lagos and across Nigeria. Confirm the delivery fee and timing before payment.
Ask FORMEX to confirm stock, the exact device condition, current price, delivery details and any written warranty or after-sales terms before payment.
Questions before you buy
Answers for someone searching specifically for iphone instalment / easy buy.
The starting deposit is 40% of the confirmed device price. The remaining 60% is used for the repayment estimate.
The normal duration is one to three months. Monthly repayment is the default option.
Weekly and bi-weekly options only apply to eligible iPhone 11 and iPhone 12 offers. Other plans use monthly repayment.
Verification may involve a BVN or NIN. FORMEX will explain the current requirements and review the application.
No. Every amount is an estimate until FORMEX confirms the device price, eligibility, repayment dates and complete terms.
Ready for a precise answer?
Send the model you want and ask FORMEX to confirm today’s price, your 40% deposit and the application requirements.