RHB Bank to roll out digital loan application platform

It has tapped on fintech iMoney and credit information bureau RAMCI.

RHB Bank has tied up with fintech platform iMoney and credit reporting agency RAMCI to roll out a digital loan application platform.

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With RHB Easy – Pinjaman Express’ conditional approval feature, customers can apply for personal financing on the iMoney website and obtain the results of the application the next day via SMS, according to a media release.

The collaboration will also offer consumers access to iMoney CreditScore, a user-friendly tool where Malaysians can receive a snapshot of their financial standing which also comes with personalised tips to improve credit scores and savings from various credit products.

“This collaboration is another significant milestone in delivering digital banking solutions to our customers and empowering customers with versatile digital banking platforms,” Nazri Othman, acting head, group retail banking, RHB Banking Group said in a statement.

Nearly 10,000 users have already obtained their free CreditScore and report since the launch of the beta version.