ONE App launches new digital financing features with up to 6-Month grace period

TDT | Manama

Email: mail@newsofbahrain.com

ONE App, powered by Al Salam Bank, has announced the launch of a new suite of digital features aimed to enhance the users experience and offer more flexible and accessible financing solutions. This initiative introduces a grace period of up to six months across a range of financing services, including Instant Finance, Personal Finance, Finance Transfer and Auto Finance, alongside the rollout of a newly integrated financing menu within the app that provides a more streamlined approach to manage the financial needs.

Through these new features, users can apply for financing with the benefit of a flexible grace period of up to six months, helping to ease financial commitments during the initial phase. Additionally, users can instantly view their repayment schedules, track payment statuses, and request outstanding and release letters directly through the app, eliminating the need for traditional processes.

This step reflects the ongoing commitment to advancing digital services and strengthening user engagement by delivering innovative solutions that align with evolving needs, while ensuring a seamless and efficient digital experience supported by the latest technologies.

Commenting on the launch, Mr. Haitham Al Haddad, General Manager of ONE App, said: “At ONE App, we continuously strive to enhance our digital offerings to deliver a seamless and fully integrated experience that meets the diverse needs of our users. The introduction of the new grace period feature, along with the additional services within the financing menu, reflects our commitment to providing flexible solutions that empower users to manage their financial obligations with greater ease and transparency, while benefiting from instant services available around the clock.”

Download app The ONE App invites users to download the application, link their salary accounts, and apply for the available financing services to enjoy a comprehensive and advanced digital financial experience that caters to their evolving needs.