Formex Easy BuyiPhones only

Own the iPhone you want. Pay small small.

Choose your iPhone, make the required down payment, and spread the balance weekly, every 14 days, or monthly for up to 5 months.

1–5 months 3 repayment options 40% minimum deposit
iPhone available with Formex Easy Buy
Easy Buy eligibleChoose your iPhoneSubject to stock and approval
Repay fromWeekly
Duration1–5 months
Start with40%–70%
01
Choose your iPhoneiPhone 11 through 17 series
02
Pick your scheduleWeekly, 14 days, or monthly
03
Complete verificationSimple documents and a reference
04
Pay over timeFlexible 1–5 month duration

Down payment by series

How much do you need to start?

Your minimum down payment depends on the iPhone series you choose.

40%

Down payment

iPhone 11 & 12 Series

Pay 40% of the confirmed device price to begin your Easy Buy plan.

Estimate this plan
70%

Down payment

iPhone 17 Series

Pay 70% of the confirmed device price to begin your Easy Buy plan.

Estimate this plan

Easy Buy calculator

See what your plan could look like.

Enter the phone price and select your plan. This calculator gives you a quick planning estimate before Formex confirms the final terms.

  • No NIN, BVN, or bank document is collected here.
  • Your result can be sent directly to Formex on WhatsApp.
  • Final approval, fees, and due dates are confirmed by Formex.
Your planning estimate40% down
Required down payment ₦200,000
Balance after deposit₦300,000
Estimated weekly repayment₦25,000
Estimated repayments12 payments

Illustration only. Weekly and 14-day counts use a simple 4/2-per-month estimate. The result excludes any applicable service or processing fees. Formex will confirm the exact price, schedule, charges, and approval terms before you commit.

Send My Plan to WhatsApp

How it works

From “I want this iPhone” to an approved plan.

1

Choose your iPhone

Chat with Formex to confirm the model, storage, condition, current price, and availability.

2

Choose how to repay

Select weekly, every 14 days, or monthly payments and a duration from 1 to 5 months.

3

Submit requirements

Provide your NIN or BVN, three-month statement of account, and one reachable reference.

4

Get your final terms

Formex verifies your information and confirms your deposit, due dates, repayment amount, and collection terms.

Application requirements

Get these ready before you apply.

Complete information helps Formex review your Easy Buy request faster.

01

NIN or BVN

One valid identity-verification number.

02

3-month statement

Your statement of account for the most recent three months.

03

Reachable reference

Someone Formex can call to verify your application.

04

Required deposit

40%, 50%, or 70%, depending on your chosen iPhone series.

Built around your cash flow

Choose when you want to repay.

Your plan can run from one to five months, subject to verification and approval.

7
Every 7 days

Weekly

Useful if your income or business cash flow comes in every week.

14
Every 14 days

Bi-weekly

A middle option with a repayment every two weeks.

30
Once a month

Monthly

Useful if your income is received on a monthly schedule.

Formex Communication store in Computer Village, Ikeja

A real store you can visit

Apply with Formex Communication in Computer Village.

Formex sells verified UK used and brand-new iPhones, Samsung and Google Pixel phones, laptops, accessories, and smartwatches, with nationwide delivery support.

Visit: 1 Ola Ayeni Street, Off Simbiat Abiola Way, Ikeja, Computer Village, Lagos, Nigeria Call or WhatsApp: 0803 924 8231

Easy Buy FAQs

Questions before you apply?

What does Easy Buy mean?

Easy Buy lets eligible customers make a down payment on an iPhone and repay the balance in smaller installments over an approved period.

What is the minimum down payment?

It is 40% for iPhone 11 and 12 series, 50% for iPhone 13 through 16 series, and 70% for iPhone 17 series.

How often can I pay?

You can request weekly, every 14 days, or monthly repayment. Your final schedule is confirmed during approval.

How long can the plan run?

Available durations are 1 to 5 months, subject to verification and Formex's final approval.

Who can be my reference?

Use a responsible person who knows you and can be reached by phone. Formex will explain any specific reference requirements during your application.

Does the calculator guarantee approval?

No. It is only a planning estimate. Formex will confirm the device price, any fees, repayment amount, dates, eligibility, and collection terms before you agree.

Ready to apply?

Your next iPhone can start with one WhatsApp message.

Tell Formex the iPhone series you want and your preferred repayment schedule. You will receive the current price and next steps.

Apply for Easy Buy

Easy Buy is available to eligible applicants aged 18 or older and is subject to identity, income/cash-flow, reference, stock, and other verification. Final prices, fees, due dates, approval, and device collection terms are provided by Formex Communication before commitment.

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