Submitted by

Robinsons Bank

Premium
22/09/2023 Banking Innovation
Instant Digital Lending Service
Innovation details
Country
Philippines
Category
Reimagining the Customer Experience
Keyword
Customer experience

Innovation presentation

Instabalé is a game-changing financial product of the Robinsons Bank (RBank) - the first of its kind in the market. It provides instant cash advance facility for payroll customers wherein they could make a cash advance on their upcoming salary credits. Eligible payroll customers may make portion or full advance against their upcoming payroll credit, and they can make multiple availments within the cash advance limit of up to P200,000, depending on the approved limit per qualified payroll customer.

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