UBA launches ‘Click Credit’ to ease customers’ access to cash
United Bank for Africa (UBA) Plc has launched ‘Click Credit’, a time loan designed to address the urgent needs of customers whose salary accounts are domiciled with the bank. Group Head, Retail Banking, Mr. Jude Anele, who made this known, also said the bank decided to introduce the new product as a result of its commitment to creating value for its customers while assisting them to meet up with their urgent needs.
Also he said that the superfast loan will allow qualified customers to apply for up to N5 million loan and pay back over 12 months at an interest rate of 1.58% per month, with no hidden fees.
He said: Specifically, salary earners from N25,000 per month who fall between the ages of 18 and 59 can benefit from this facility with no extra fees; no need for collaterals, no paper-work or other difficult issues when it comes to this facility; as customers can even apply via LEO, UBA Mobile Banking and UBA internet banking
“As Africa’s most innovative and technology-driven financial institution with an array of novel products and services tailored to the needs of its millions of customers, we have launched Click Credit, which is straightforward and more affordable than many other loan products in the market. Its unique feature is that it meets a critical credit need for our customers”.
As a bank backed by a strong retail franchise with over 1,000 business offices serving 19 million customers, UBA has introduced this product in line with the bank’s mission of.
The loan product, already being enjoyed by millions of customers in Nigeria will be extended to the Bank’s other franchises in Africa. Anele while emphasising the critical role that credit plays in any developing and developed society, said that it is part of the customers’ financial power where they can be assisted to get the things they need, when they need them without hassles.
On her part, UBA’s Group Head, Marketing, Dupe Olusola, reiterated that UBA remains focused on empowering its customers to fund their urgent needs.
SOURCE: NEW TELEPGRAPH