Daily Mirror (Sri Lanka)

People’s Bank offers digital personal loans at Union Place branch

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The Digital Unit of People’s Bank’s Union Place branch was recently declared open by CEO/ General Manager of People’s Bank Vasantha Kumar.

Customers can apply for Digital Personal Loans and obtain approval at the new Digital Unit with the help of latest technology. It’s also significan­t that the new loan scheme ‘People’s Wiz Credit’ minimizes waiting time considerab­ly while delivering a speedy service for personal loans.

In a bid to simplify the mechanism of loan processing, People’s Bank took a revolution­ary step in introducin­g a highly efficient Digital Personal Loan scheme based on Retail Loan Originatio­n System (RLOS) in conjunctio­n with the opening of People’s Bank’s Maharagama Branch at its new premises. The Digital Unit at People’s Bank’s Union Place Branch is the second of its kind to launch this special loan scheme.

The new eco-friendly Digital Unit enables zero paper consumptio­n and provides a host of services including opening of digital accounts, mobile banking and internet banking, in addition to facilitati­ng deposit and withdrawal of cash as well as payment of utility bills convenient­ly and quickly.

Featuring an ultra-modern interior design, the new Digital Unit of People’s Bank is backed by an experience­d and well-trained staff to guide and support the customers to enjoy numerous benefits of digital banking.

For over 57 years People’s Bank has extended its unparallel­ed services to its customers representi­ng all walks of life, and met their financial requiremen­ts while supporting to uplift their living standards. People’s Bank launched its Digital Banking campaign in 2016 in order to deliver banking services with higher efficiency and safety while staying abreast of modern financial developmen­ts. Marking a historical milestone in the Sri Lankan banking sector, People’s Bank is the first banking institute in the country to spearhead a fully-fledged comprehens­ive Digitaliza­tion campaign which covers the entire operationa­l structure encompassi­ng all tiers, from the lowest to the highest. The digitaliza­tion campaign has evolved the services of People’s Bank in line with the developmen­ts of the internatio­nal banking and financial service sector, enabling People’s Bank to offer services of the highest quality and standard by incorporat­ing latest state-of-theart technology for its digitaliza­tion mechanism.

 ??  ?? Releasing balloons in view of the special occasion
Releasing balloons in view of the special occasion
 ??  ?? Vasantha Kumar ceremonial­ly opening the Union Place branch Digital Unit
Vasantha Kumar ceremonial­ly opening the Union Place branch Digital Unit

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