Polaris Bank has highlighted the benefits of its Salary Advance product to shoppers the Yuletide.
The bank, in a statement explained that the product is available to both existing account holders and non-account holders.
“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.
Working class persons who are looking to soft credit to enable them meet up with their shopping this season, can take advantage and get their account credited in a space of two minutes,” it stated.