Last Updated on 2023-07-16 by Admin
Polaris bank payday loan and salary advance loan offers customers the ability to get short term credit facility before their next salary arrived. Customers can access up to 50% of your next salary in advance
This kind of loan does not required any collateral to enable you bridging short-term funding gap.The Polaris bank Salary Advance is processed and disbursed in less than 1 minute using USSD code *833*12#.
Disbursed funds can be accessed 24/7 via the ATM or your mobile device using our VULTe and USSD, To qualify for salary advance. you must be employed in reputable organizations in both private and public sectors. Also your salary account must be domiciled with Polaris Bank
Features & Benefits of Polaris bank salary advance Loan
Polaris bank salary advance loan has the following features as given below:
1.Quick access to funds for bridging short-term funding gap.
2.Access 50% of monthly net income upfront
3. 24 hours loan processing time
4. No collateral required
5. Minimal Documentation
You’re expected to pay back on the next payday
2.5% interest flat rate applies flat
1% management fee applies totaling 3.5%
You can access up to N500,000
There are no hidden charges involved
How do I Apply?
You can Apply for polaris bank salary advance loan by Dialing *833*12# from your mobile phone and follow the instructions to access the Payday loan/Salary Advance. It takes less than a minute
Visit any of our branches closest to you to complete a loan application form and submit same with other required documents
You can also:apply for polaris bank salary advance loan by
1. Call Polaris Yes Center on 0700-7652747, 08069880000, 01-4482100 or 01-2705850.
2. Call your relationship officer
3, Also login to you VULTe App to Applyfor salary advance loan