Security Bank offers online loans approved in 10 mins
No need to approach a 5-6 for easy money.
Security Bank Corporation is raising its retail game through its latest loan product for consumers.
The listed bank is counting on the Salary Advance (SALAD) loan window to allow more Filipinos to access short-term loans via a mobile cash facility.
The loan facility is seen to give a “safe, convenient and affordable” installment options to borrowers who won’t usually qualify for regular loan products, and in the process stop them from relying on loan sharks just to get cash.
Approval time for loan proceeds is as fast as 10 minutes and can be requested and re-availed via SMS. Loan proceeds will then be transferred to the payroll account of the borrower, which can be withdrawn through any ATM, the bank said.