It's Quite Simple

Identify Product

Identify the product you want to buy.
Remember only new products are covered.
Fill out the Vice Financing Form.

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Eligibility Check

Upon filling out the vice financing form,
from the information you provided us,
we would confirm if you’re eligible.

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30% Down Payment

If you’re eligible for vice financing,
you will only pay 30% of the products cost.
The remainder is paid over 2 Installments*.


Transparent and Secure

Only 5% interest with each installment, you can still accomplish a whole lot more
It’s just a small percent for the device of your dream.
Down Payment
Vice Fee

Example: If you purchase a device worth ₦500,000.00.

  • You will make a down payment of ₦150,000.00.
  • The outstanding N350,000.00 will be paid as seen below
  • Month1: ₦175,000.00 + ₦17,500.00 = ₦192,500.00.
  • Month2: ₦175,000.00 + ₦17,500.00 = ₦192,500.00.


Some of the common questions about our Vice Financing

What are the requirements?

  • You will fill our device Financing Form.
  • You will drop 2 post-dated cheques that will be presented at the Bank on the due dates.
  • ​You will provide your work ID and any Government ID (Driver’s License, International Passport, Voter’s card or National ID). Copies will be made.
  • You need to earn at least 50% of the cost of the device you want to finance.Example: If you want to finance an item worth ₦500,000.00. You need to earn at least a ₦250,000.00 monthly salary.

What if I don’t have a cheque book?

A direct debit mandate will be set up against your salary account and you will be automatically debited
once salary is paid.

What is the maximum amount that can be financed?

₦500,000.00 (Five Hundred Thousand Naira Only). The 70% principal outstanding payment cannot
exceed ₦500,000.00

Who Qualifies for this Opportunity?

 ​Salary earners who live and work in Lagos.

What if I am not able to pay as at when due?

Defaults are not allowed. You are required to make payment on the due dates.

Must I visit Gizmo Stores to enjoy this Opportunity?

No. Our Sales Representative can provide all these services at your doorstep. Terms and conditions apply.

How long will it take for me to get the device I want to finance?

Within 24 hours. Once all required documents have been submitted or availed. You can either pick up the device from any of the Gizmo stores or pay for it to be delivered to a specific location.

Can I buy a used device?

​ No. Only a brand new device can be financed through this scheme.

Still have more questions? Feel free to contact us.

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