U Mobile is offering fans of Apple iPhone a flexible micro-credit installment plan that requires no deposit or credit card. Their latest deal will allow seekers of the device to get their hands on the phone for as low as RM98, U Mobile customers can also opt to repay on an installment plan that go up to 12, 24, 30 or 36 months.

For example if you choose the 16GB iPhone 6S (phone price RM2925) postpaid plan and decide to take a loan of RM1000 for a 12 month installment package with the balance you pay in cash, your monthly U MicroCredit installment will be RM104 plus RM31.80 for the i40 Plan which adds up to RM135.80 per month. However if you opt for full financing for the 16GB over 36 months, you will end up paying RM204 on the i40 plan.

There are many options under the microcredit plan listed out by U Mobile depending on the cash up front and loan you require (max RM3500), eligibility is simple with just your two month pay slip and IC or if you’re self employed you need to just show your bank account.

Prepaid users can pick the phone under the i40 plan bundle for RM1982.20, the phone is offered at RM200 lower and comes with 1.5GB data, 40 minutes talk time and 20 sms’s all for a monthly fee of RM42.40 over a 24 month package.