In an effort to enhance positive social impact in the country, MyBucks has extended its retail products to civil servants who were only accessing the bank’s lending products under the banks Microfinance division.
The bank has, for a long time, been a key player in offering civil servants loans without any collateral via through its Microfinance division.
MyBucks Chief Commercial Officer Bernard Mkandawire said through these loans, the bank has uplifted and assisted many to realize their financial goals and aspirations irrespective of whether they bank with them or not.
“We no longer want civil servants to watch our seamless and enjoyable digital banking experiences and services from the side-lines hence we have decided it is time that they get looped in and access all our great financial products.
“As one of the leaders in providing financial services to civil servants in the country, we have deepen our activities at the retail end of the business by offering civil servants a one stop shop when it comes to accessing financial services”, said Mkandawire.
All along, the bank under its Microfinance Division used to offer loans to its customers irrespective of one being an account holder, but this made the customers move from different institutions and experienced challenges to access their approved loans with the bank.
“Civil Servants who have been accessing lending products with us from the beginning will now be required to open a bank account through a simplified process, and proceed to fill up loan application forms,” he added.
Under this new development, customers will be able to access mobile banking services like *632# FlexMobile and internet banking service on Flex Online where without difficulty.
Through these platforms, customers are able to Send Money to Airtel Money and Mpamba wallets, to other banks accounts, Pay MRA taxes and utility bills, Buy airtime and view balances and statements in addition to many more exciting features.
MyBucks Malawi is a fully fledged bank with branches in Blantyre, Lilongwe, Mzuzu, Zomba, Mangochi, Dzaleka, Kasungu and Madisi. Currently, it has a fully-fledged delivery channel of 17 branches, 85 agents, and 30 ATMS across the country, offering a full range of banking products and services that include Bancassurance and microfinance products.
-MBC Malawi-
