PNB Savings Bank offers digital loan facility

MANILA — PNB Savings Bank, a unit of the Philippine National Bank (PNB), has launched the Smart Salary Loan, a digital salary loan facility for convenient loan application and approval.

PNB Savings Bank’s Smart Salary Loan is in partnership with Voyager Innovations, the digital innovation arm of PLDT Inc.

Through Voyager’s digital lending platform Lendr, PNB Savings Bank will initially offer its Smart Salary Loan to qualified employees of the Lucio Tan Group of Companies, such as PNB, Philippine Airlines, Asia Brewery, Inc., Tanduay Distillers, Inc., Lufthansa Technik Philippines, and ETON.

The Smart Salary Loan will allow online loan application that will save applicants time spent on queuing and filling out long forms.

Applicants only need to register an account on Lendr to access the Smart Salary Loan.

Loan applicants will also be notified through a text message once the loan application is approved.

“This is PNB Savings Bank creating value and enriching lives, helping employees grow as individuals, families, and communities, and making their dreams possible through an easy-to-use digital salary loan application system that is open 24/7,” said PNB Savings Bank President Joven Hernandez.