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What is the repayment tenure for a Fido Business credit?

FidoBiz offers flexible credit payment options. Here’s how it works

Initial Repayment Tenure

First-time FidoBiz customers can repay their credit in 10 to 33 days.

This short-term option is designed to help you establish a strong repayment history.

Extended Repayment Options

As you establish your credit history with Fido and become eligible for higher credit limits, you can also extend your repayment period. Qualified customers have the option to repay in up to three equal monthly installments, offering greater flexibility for managing larger credit amounts.

How to Qualify for Extended Tenure

  1. Ensure to maintain a good repayment record by paying off your credit on time.
  2. Improve your Fido Score to meet eligibility requirements for improved credit terms.

Note: Interest rates and fees vary depending on the selected repayment tenure. Please review the credit pre-agreement for detailed terms before accepting and completing your credit application. After repaying your credit balance, you can access additional credit within your approved limit.




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