FAQ

We would love to answer your questions in person but we at PSB Bank could better serve you if you are already prepared. Here are some frequently asked questions. If your question is not answered please contact us and one of our PSB Bank professional is more than willing to be at your service.

General account opening requirements

What are the requirements for opening a Personal Current Account?
At this moment it is not possible to open a current account. In the near future this will be possible. We will keep our customers and future customers informed.

What are the requirements for opening a Corporate Account?
At this moment it is not possible to open a current account. In the near future this will be possible. We will keep our customers and future customers informed.

Personal Loans and Mortgages

What are the business hours of Personal Loans and Mortgages?
From 08:00 a.m. to 04:00 p.m.
 
What is the minimum age for applying for a loan?
18 years with parents.

Is there a minimum or maximum amount I can borrow?
Minimum amount is Nafl.500,00 and maximum depends on each individual request and financial situation.

What's the interest rate?
It depends on the type of loan.

What information do I have to take along?
Last 2 salary slip, 2 last bank statements I.D. or Passport.

Can I sign my loan/papers alone or does my husband/wife/partner have to sign also?
It depends. If you are guaranteeing a loan for somebody else your wife/husband.

How long does it take to pay off a loan?
It depends on the type of loan.

How long do I have to wait to hear if my application is approved?
In most cases within 2 business days.

Can I fill in an application form at one of the two PSB Bank offices? If yes, what are Their business hours?
Yes you can and the business hours are from 08:00 a.m. to 4:00 p.m. .

What happens if I paid off my debt, can I come again?
If you have paid the loan promptly, you can come back again.

If I have a problem with my payments, what can I do?
Contact our collection department at 432-2042 to discuss the problem and make arrangements.

What happens if during the period of my loan, I need additional funds?

You can call or visit us at our office to apply for the additional funds. Depending on your financial situation we will supply you with the funds.