Getting a car loan is now faster and hassle-free with PSBank Online Auto Loan Application—the latest addition to PSBank’s digital offerings.
PSBank Online Auto Loan Application, which can be accessed via the PSBank website, features a user-friendly interface that allows clients to apply for a car loan anytime and anywhere using a PC or mobile device—completely eliminating the need for time-consuming paperwork. It also hastens the loan approval process, granting a credit decision within 24 hours from time of application via SMS.
Initially available for individual and local PSBank Auto Loan applications, PSBank Online Auto Loan Application has four intuitive modules that conveniently take users through the loan application process.
The online loan application begins with the Self-Assessment Module to let applicants know if they are qualified to avail of the loan. They are then directed to the Find a Car of Your Dreams Module where applicants can choose from a list of vehicles with accompanying photos and specifications. Users can compare up to three car models along with respective prices.
With the Loan Calculator Module, the third module, applicants can easily compute the monthly amortization that can match their budget, based on the prevailing interest rate. Applicants can also request for a PSBank representative to call them should they need more information about the computed results or their loan application. After applicants have selected their dream car, they can send their application through the Apply Now Module.
“The PSBank Online Auto Loan Application is part of our strategy to enhance our customers’ banking experience with us. We are confident that through this new service, we can help our customers own their dream cars in the most convenient way possible, while offering competitive rates and flexible financing options,” said Emmanuel A. Tuazon, PSBank Senior Vice President and Marketing and Customer Experience Group Head.