GRANT INSTALLMENT
Pay for your purchases flexibly in installments – you can choose a payment period that suits you, from three months up to 36 months.
Flexible payments with Apuraha Installment
Installment payments offer a flexible schedule for larger purchases up to €5,000—choose the payment term and monthly installment that suits you best. You can also pay off the credit faster than planned at no extra cost.
Payment terms:
- 3 months
- 6 months
- 12 months
- 24 months
- 36 months
Installment fees:
- Interest rate: 15%
- Reference rate: in accordance with the Interest Act
- Monthly fee: €3/month
Example of installment costs:
For a €1,000 credit with a 12-month term, the maximum interest rate is 20% and the monthly fee is €3/month. The annual percentage rate (APR) is 30.67%, bringing the total amount to €1,116. Credit is provided by Norion Bank AB.
You'll receive a monthly invoice via email on the 15th of each month for all purchases made with Erämaksu, with payment due at the end of that month.
How can I use Apuraha installments?
To pay in installments, you need an approved credit decision, which you can easily apply for during checkout.
To pay in installments, you must have:
- a minimum age of 18
- a Finnish personal identity code
- a permanent, official residential address in Finland
- online banking credentials for identity verification