Polaris bank has launched a Salary Advance loan product, to enable salary earners meet urgent needs before the end of the month.
The bank in a statement described its Salary Advance as a readily available, convenient, and accessible solution to customers’ immediate financial needs, as long as you are a salary earner.
According to the bank, salary earners can get up to 50 per cent of their monthly salary in advance over a tenure of 30 days, renewable monthly.
“If you need to pay for that promotional air tickets; pay for your exams; make that short-term investment or attend to an urgent family commitment and you don’t have enough cash, just apply.
“No collateral required and it is available for employees or persons with assured income,” the statement read.
To apply, the bank stated that, you must be an employee who earns a salary or have assured/regular income.
“Dial *833*12# USSD Smartcode; Eligibility and amount accessible pops up on your screen and your account gets credited within minutes.
“The best part of the Polaris Salary Advance is that you don’t really have to be a customer of Polaris Bank to enjoy the facility.
“Polaris Bank is a future-determining bank committed to delivering industry-defining products and services, across all sectors of the Nigerian economy,” it further added.