STAFF WRITER
Standard Bank Namibia has announced major enhancements to its Digital Personal Loan Service.
The upgraded platform enables clients to apply for and top up loans instantly via Internet Banking or Cellphone Banking (USSD short code: Dial *140*2345#), eliminating the need for paperwork, branch visits, or even internet access.
The bank said the improvements directly support the national call for urgent reforms to address financial exclusion, particularly in rural and underserved communities.
“Our enhanced Digital Lending platform is designed to empower clients with secure, transparent, and scalable financial tools that support long-term financial health,” said Burger Smit, Head, Digital & eCommerce at Standard Bank Namibia.
Headed that, “This is responsible lending in action – ensuring that clients borrow within their means, with clear repayment structures and access to financial guidance.”
Standard Bank’s Digital Lending Service is built on sound banking principles. Clients receive pre-approved loan offers based on their credit profiles, with structured monthly repayment plans and secure, encrypted transactions.
Key features of the enhanced service include pre-approved loan offers visible on Internet Banking dashboards, top-up functionality for existing personal loans, no paperwork, no queues, and no data required for cellphone banking, secure transactions with One-Time Pin verification and instant disbursement into current accounts.
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