ISLAMABAD – HBL, the largest bank of Pakistan, has also become the firstbank in the country to offer instant personal loan through its mobileapplication. This innovation in service is yet another step in HBL’sfulfilment of its brand promise of enabling dreams, as customers can nowselect and apply for a loan of their choice from the comfort of their home,in just a few taps!
The new offering seeks to provide the quickest turnaround time of loanprocessing seen in the financial industry as HBL revolutionizes howconsumers loans are applied for and disbursed to customers. Speaking aboutthis, Mr. Aamir Kureshi, Head – Global Consumer Banking at HBL stated, “HBLis pleased to give unparalleled convenience to its customers by digitizingloan approval and disbursal.
The entire process is paperless, and the loan can even be disbursed withinminutes. The customer response has been extremely encouraging so far and wehave disbursed over 1000 loans in less than 30 days of the launch.”
The product is currently available to selected salaried customers acrossPakistan exclusively through HBL Mobile. Customers can avail the servicebysimply logging in to their HBL Mobile and applying through the loanoption in the menu bar.
Read Top Stories
The loan applications then undergo credit evaluation and the response isshared within 24 hours. Customers, upon completion of the evaluation,haveaccess to multiple loan options to select from, which can be up to PKR500,000, and can have the preferred loan amount credited into their accountinstantly.
