HBL first bank to offer instant personal loans through mobile app

KARACHI: HBL, the largest bank of Pakistan, has also become the first bank in the country to offer instant personal loan through its mobile application. This innovation in service is yet another step in HBL’s fulfilment of its brand promise of enabling dreams, as customers can now select and apply for a loan of their choice from the comfort of their home, in just a few taps. The new offering seeks to provide the quickest turnaround time of loan processing seen in the financial industry as HBL revolutionises how consumers’ loans are applied for and disbursed. Speaking about this, HBL Global Consumer Banking Head Aamir Kureshi stated, “HBL is pleased to give unparalleled convenience to its customers by digitising loan approval and disbursal. The entire process is paperless, and the loan can even be disbursed within minutes. The customer response has been extremely encouraging so far and we have disbursed over 1,000 loans in less than 30 days of the launch.”  

Published in The Express Tribune, November 27^th, 2018.

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