BuyNowPayLater with ServCred’s Device Financing Solution
Obtain more information
Product Overview
Smartphones, tablets and laptops are digital devices used extensively today. From mobile commerce to online education, people rely on these enabling and handy devices.
The pandemic-driven remote working has further accelerated the adoption of mobile devices for instant connectivity.
Mobile devices that were once a privilege, are now a necessity. However, a necessity as costly as this can present a challenge to several people. The price of mobile devices, although lower than what they were when they entered the market, is still unaffordable for many.


Product Objective
ServCred’s Device financing is a payment model that helps customers buy devices of their choice and pay installments over time. Instead of making a one-time hefty down payment, users can apply for device financing and pay off the amount in monthly installments.
Product Characteristics
- Acquire various smart devices and electronics up to 60,000MZN.
- Available to both salaried customers and business owners.
- Repay conveniently over 24 months.
- No additional collateral requirements.
- Wide range of vendors and brands to choose from.
What You Need to Get Started
- Completed loan application forms
- KYC documentation
- Pro-forma invoice from an approved vendor in your name
- Clean credit background checks
Additional Documents for Drawdown
- Duly accepted offer letter & term sheet
- Simple board resolution for a company