State Trading Organisation (STO) has announced STO Credit Scheme to purchase items from its partners in instalments.
The STO Credit Scheme allows employees of the government and companies that have signed up for the scheme to pay for items purchased from STO People’s Choice Supermart in installments. STO said its leasing partners with stalls inside the supermarket have been included in the credit scheme, allowing customers to purchase items from these businesses under the credit scheme.
STO stated that purchase of items under the credit scheme will be approved within 3 days after submission of the request. STO said the items can be picked up from the STO People’s Choice Supermart.
The scheme has a maximum credit limit of MVR 50,000.