The Buy Now Pay Later product is a lifestyle financing scheme which enables employees whose salaries are domiciled with Polaris Bank purchase specific household/personal assets via short term financing with flexible repayments over 3-12 months.

Please note that this a Point Of Sale (POS) financing and is open to both Polaris and Non-Polaris Bank Salaried & Self – employed customers.

  1. Grand Square Superstores
  • Plot Y Mobolaji Johnson Ave., Ikeja, Lagos

  • 8A Adetokunbo Ademola Street Victoria Island, Lagos

  • 270 Muhammadu Buhari Way  Central Area, Abuja

  • 5 Bompai Road Fagge, Kano

  • 25 Aba Road Port Harcourt

2. Afrismart

  • Surulere Store – AOS MallShop C34 Ground Floor, Adeniran Ogunsanya Shopping Mall Surulere.

  • Lekki Store – Novare Lekki MallShop J07, CNR-Lekki-Epe Expressway, Springville Road, Sangotedo.

  • Old NITEL Building, Sobo Arobiodu Street, off Mobolaji bank Anthony way, GRA Ikeja.

  • Alfred Rewane Road, opposite Ikoyi Registry, Lagos Nigeria.

  • Former NITEL Office, 22 Road Festac Town, Lagos Nigeria.

3. SIMS Nigeria Limited

  • No 6,Weathral Road Opposite DSTV Office Owerri IMO State

  • Lake View Estate,Eleganza  Complex ,Lekki Ajah Express Behind Lavenida,Ajah Lagos(Blue Building)

  • 224 Obafemi Awolowo Way, Oke Ado, Opposite Sao Filling Station, Ibadan.

  • Shop L99, Ikeja City Mall (Shoprite Alausa),Ikeja

  • No. 5, Kafi Street, Beside City Mall, Alausa, Ikeja, Lagos.

  • Plot  3004B, Rafiu Tinubu Babatunde Road, Apple Junction, Amuwo Odofin, Festac

  • 14, Ijaiye Road, (Near KFC), Ogba

  • SIMS Nigeria limited, Lake View Estate,Eleganza  Complex ,Lekki Ajah Express Behind Lavenida,Ajah Lagos(Blue Building)



  •  Visit vendor location
  • Choose item of choice and obtain an invoice
  • Dial *833*4*3# and input invoice number
  • Follow the screen prompt to conclude request and go home with your item.

  1. Who can access this product?
  • Employees whose salaries are domiciled in Polaris Bank
  • Employees of Polaris Bank

2. What is the minimum and maximum amount that can be accessed?

  • Minimum loan amount of ₦50,000.00
  • Maximum loan amount of ₦1,000,000.00
  • Eligible amount is subject to 33.3% of net monthly salary3

3. What is the maximum loan tenor?

  • 12 months

4. What products can I buy using the Asset Finance?

  • Household items sold by the partner vendors

5.  What are the pricing conditions?

  • Interest rate: 23.5%
  • Management Fee: 1%
  • Insurance: 0.5%

7.  What is the equity contribution?

  • There is no equity contribution. However, customer can choose to make an equity contribution of any amount.

9. How do I repay?

  • Repayment is made monthly from:
  • Customers salary

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