NCBA, under its lending for all initiative, has launched a new unsecured digital lending product. The new mobile personal loans are dubbed as Digital Personal Loan, and can now be conveniently accessed through the NCBA NOW App without the need to visit a branch.....CLICK HERE TO READ THE FULL ARTICLE>>>
The new digital facility offers a flexible and faster access to personal unsecured lending. To access the service, customers are required to download the NCBA NOW app and use the Now Loans feature in the mobile application. Alternatively, customers can use the bank’s USSD code *488#.
“Our latest Digital Personal Loan offering reinforces NCBA’s commitment to leverage technology in providing innovative financial solutions that align with evolving needs of our customers and more so empower them to achieve their financial goal,” said Group Director, Retail Business, Mr. Tirus Mwithiga.
“Through the NCBA NOW App, customers can now access flexible financing options conveniently and securely, further enhancing their banking experience.”
To qualify for the Digital Personal Loan, customers must have been with NCBA for a minimum of 6 months and maintain an active personal account.
The facility has a minimum tenure of 3 months for loans below Sh. 50,000 and a maximum tenure of 12 months, with flexibility for customers to choose a repayment period that suits their financial situation.
As an added benefit, all Digital Personal Loans come with credit life insurance provided by NCBA Bancassurance, offering financial protection to borrowers and their families.
The launch of this financing product is part of the umbrella initiative dubbed Lending for All, which will see the Bank roll out a series of digital lending solutions in the course of the year.
This initiative underscores our commitment to innovation and improving customer experience through digitalized customer journeys, driving speed, efficiency, and the delivery of solutions for our valued customers….CLICK HERE FOR MORE ARTICLE>>>
