Grace Thompson
Mon, Jul 10, 2023 11:24 AM

Polaris Bank Introduces Salary Account to Provide Quick Loans for Customers

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Polaris Bank Introduces Salary Account to Provide Quick Loans for Customers
Polaris Bank has launched its Salary account, offering customers convenient access to quick loans to meet their financial needs. The account provides various loan options, including pre-approved personal loans, instant loan disbursement, loan buy-over and top-up. With zero operating and opening balance requirements, Polaris Bank aims to simplify banking processes and provide efficient financial solutions to salary earners. The account can be easily opened online, eliminating the need for branch visits and paperwork.

Lagos-based Polaris Bank has unveiled its Salary account, a new offering aimed at providing customers with quick and efficient access to loans that cater to their financial needs. The account ensures that salary earners have a continuous flow of funds available.

With the Polaris Salary account, customers can easily apply for loans to meet various financial obligations such as paying school fees, house rent, purchasing a car or household appliances. The bank offers multiple loan options, including pre-approved personal loans, credit cards, auto loans, and mortgages.

One of the key features of the Polaris Salary account is the convenience it provides in obtaining loans. Customers can access a multiple of their annual salary or 50% of their monthly salary, ensuring quick access to the required funds. The bank also offers instant loan disbursement, ensuring that customers receive the funds they need promptly and efficiently.

Polaris Bank understands that managing multiple loans can be challenging, so the Salary account provides the option to consolidate existing loans through loan buy-over and top-up services. This simplifies financial obligations and allows customers to manage their loans more effectively.

Another advantage of the Salary account is the zero operating and opening balance requirements. Customers can open an account without any restrictions or the need for an initial deposit. This provides flexibility and convenience in managing personal finances without unnecessary financial obligations.

As a digital-first bank, Polaris Bank eliminates the need for branch visits and tedious paperwork. Customers can perform all banking transactions at their convenience through the VULTe platform. The Salary account can be opened online using the referral code "Salary Account," making the account opening process quick and hassle-free.

The launch of the Polaris Salary account aligns with Polaris Bank's mission to provide innovative banking solutions that cater to the needs of customers. By offering quick loans and simplifying banking processes, Polaris Bank aims to enhance customer satisfaction and provide efficient financial services to salary earners.

Source of content: OOO News 2023-07-10 News

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