PNB Savings Bank announced the launching of the country’s first digital and mobile lending facility specifically targeted at pensioners of the government’s Social Security System powered by a platform called Lendr, developed by PLDT and Smart’s digital innovations unit Voyager Innovations.
SSS Pensioners with accounts at PNB and PNB Savings Bank can utilize the new facility powered by Lendr to apply for loans anytime, anywhere, using only their mobile phones or laptop devices.
“It has always been our thrust to put our customers first, and enabling our pensioners to take out a loan through Lendr echoes our commitment to making things simple and hassle-free for them,” said PNB Savings president and chief executive Joven Hernandez.
“The benefits of FINTQ’s digital platforms like Lendr are best reaped by hitherto-marginalized segments like pensioners who don’t have access to financial services via traditional means. Because Lendr can be accessed by anyone at any time and wherever they may be, pensioner-clients of PNB and PNB Savings Bank no longer have to leave their homes in order to apply for a loan. All they need is an Internet connection,” said Voyager Innovations president and chief executive Orlando Vea.
By making SSS pension loans available via mobile and online applications, PNB and PNB Savings Bank are making the process convenient and hassle-free for its pensioner-clientele, most of whom may have difficulty reaching traditional bank networks.
