When cash is needed to meet urgent needs, especially during the Yuletide, Polaris Salary Advance from the stable of Polaris Bank is one product both existing account holders and non-account holders can fall back on, the bank said in a statement.
The statement reads further: “Salary Advance is a small, short-term unsecured loan that relies on the borrower having previous payroll and employment records. A beneficiary is required to repay out of their next pay cheque or over an agreed period
“Polaris Salary Advance, an instantly available, no-collateral facility, can be accessed anytime, anywhere. It is available to all salary earners and can be accessed via *833*12# USSD Smartcode platform.
Polaris Bank is a future-determining Bank committed to the delivery of industry-defining products, and services, across all the sectors of the Nigerian economy.