CARD Bank expands digital services with Express Loan
CARD Bank expands digital services with Express Loan CARD Bank, a microfinance-oriented rural bank, officially began offering its Express Loan across its branches, providing its clients with a faster, more convenient way to access loans. Express Loan is a digital loan facility within the konek2CARD mobile application that allows CARD Bank’s eligible clients to apply and immediately receive its loan services anytime using their mobilephones. Eligible clients can apply for a loan of up to PHP 20,000. CARD Bank’s Express Loan makes loan application faster and easier through a fully automated system. Clients can now enjoy a simplified and convenient loan application experience. Clients eligible to apply for Express Loan are “whitelisted” clients. These are clients with a good repayment history and no past-due or defaulted loan accounts. To qualify, clients must be active, have updated insurance coverage with CARD Mutual Benefits Association (CARD MBA), be registered in the k...