LOLC BVS

LOLC MFB

About this app

LOLC MICROFINANCE BANK LIMITED a banking company incorporated under the Companies Act, 2017 and established under the Microfinance Ordinance, 2001 and also duly licensed by State Bank of Pakistan. The LOLCMFBL is engaged in the provision of a complete range of products to micro entrepreneurs carrying out income generating activities, by leveraging on mobile banking and innovative technologies with the aim of maximizing outreach in different rural and urban areas of Pakistan.

Welcome to LOLC Biometric Verification App, the ultimate solution for robust biometric verification. LOLC Microfinance Bank Limited has introduced a secure biometric verification system for corporate clients, allowing branchless verification and aiding clients who can't visit in person. Utilizing advanced fingerprint recognition technology, our app ensures top-notch security for your sensitive data, allowing you to access your information with ease and confidence.

Key Features:

Convenience:
The biometric verification system provides a seamless and hassle-free process for corporate customers, eliminating the need to physically visit a branch for verification. However, this feature ensures convenience for customers who may have geographical constraints, busy schedules or other reasons that prevent them from visiting a branch in person.

Time & cost efficiency:
By eliminating the need for physical branch visits, the biometric verification system saves valuable time for both the bank and its corporate customers and this streamlined process reduces the operational costs associated with manual verification while minimizing the inconvenience and expense for customers who would otherwise have to travel to a branch for verification.

Intuitive User Interface:
Experience a user-friendly interface designed for simplicity and ease of use. Our intuitive design ensures a smooth and hassle-free authentication process.

Conclusion:
LOLC Microfinance Bank Limited's biometric verification system is an innovative solution that revolutionizes the verification process for corporate customers by offering branchless verification and the option of remote verification on behalf of the client. The bank demonstrates its commitment for providing convenient and secure banking services. This system reinforces LOLC Microfinance Bank Limited's position as an industry leader and ensures the highest level of trust and confidence for its corporate clients.