GT Bank Domestic Appliance Scheme

Have you ever wanted to acquire appliances but cannot save enough to do so? Ever wish you own your own appliances through installmental payments? Well GTBank is here to make all this possible for you.

What is this product all about?

It is like a lease facility whereby the bank purchases an appliance on behalf of its customer who must be in employment by a recognized organization. The individual will make monthly repayment directly from salaries domiciled in the bank. At the end of the lease period the customer will have the opportunity to own the asset at a minimal cost.

How does it work?

All you need to do is to open a salary account with GTBank. Your employer will also have to guarantee the bank that all benefits due to you will be paid to your Account held with the bank.

Repayment is structured in such a way that it should not exceed 35% of your monthly remuneration.

Who will benefit?

Customer’s employed by recognized institutions to the bank.

How to apply

Obtain a form from any of the GTBank locations for completion

Contacts us at any of our Consumer Banking/Customer Service Desk in any of our branches: