How to Check Polaris Bank Account Balance in 2023: As one of the most reputable financial institutions in the country, Polaris Bank is committed to providing its esteemed customers with top-notch financial services.
One of the most important aspects of banking is being able to keep track of your account balance. In today’s digital age, checking your Polaris Bank account balance is not only crucial, but it’s also incredibly convenient.
With the advances in technology, there are several ways to check your Polaris Bank account balance in 2023. In this post, we will take a look at some of the ways you can check your account balance.
Before we proceed, it’s important to note that this post will provide answers to some of the most commonly searched phrases and questions, including:
- Polaris Bank account balance code
- How to check Polaris Bank account balance on phone
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- How to check Polaris Bank account balance without ATM
- Polaris Bank mobile banking balance check
- Polaris Bank online balance check
- How to check Polaris Bank account balance on Polaris Bank Mobile App
- USSD code for checking Polaris Bank account balance
- How to check Polaris Bank account balance on ATM machine
How to Check Polaris Bank Account Balance in Nigeria 2023
Checking your Polaris Bank account balance is easy and straightforward, and there are several ways to do so. Here are some of the methods available to you:
- Via Polaris Bank Mobile App
- Via ATM
- Via Online Banking
- Via USSD Code
Stay with me while I take you through each step one after the other! Remember that TECHSPIKE.COM.NG is here for you always!
How to Check Polaris Bank Account Balance Via Mobile App
Polaris Bank Mobile App is a convenient mobile application that allows Polaris Bank customers to perform a wide range of banking transactions on their mobile devices.
To check your account balance using the Polaris Bank Mobile App, follow the simple steps below:
- Download and install the Polaris Bank Mobile App on your mobile device. You can download the app from the Google Play Store for Android devices or the App Store for iOS devices.
- Launch the app and log in using your Polaris Bank account details. If you’re a new user, you’ll need to register for the app using your Polaris Bank account number and other required information. Once you have successfully logged in, you will be directed to the app’s homepage.
- Click on the “Accounts” tab on the app’s homepage. On the homepage of the Polaris Bank Mobile App, you’ll find several tabs, including “Accounts,” “Transfers,” “Bills,” “Airtime,” and others. To access your account balance, click on the “Accounts” tab, which will take you to a page showing all the accounts linked to your Polaris Bank profile.
- Select the account you want to check the balance for. From the list of accounts displayed on the “Accounts” page, select the account for which you want to check the balance. If you have multiple accounts linked to your Polaris Bank profile, make sure you select the correct one to avoid any confusion.
- Your account balance will be displayed on the screen. After selecting the account, your account balance will be displayed on the screen. You can view your available balance, as well as any pending transactions or holds on the account.
How to access Polaris Bank Account Balance via ATM
You can also check your Polaris account balance by visiting any Polaris Bank ATM near you. Follow the steps below to check your account balance using an ATM:
- Insert your Polaris Bank ATM card into the machine.
- Input your four-digit PIN.
- Select “Balance Enquiry” on the screen.
- Your account balance will be displayed on the screen.
How to access Polaris Bank Account Balance via Online Banking
Polaris Bank’s online banking platform allows customers to perform various banking activities, including checking their account balances. To check your account balance via online banking, follow the steps below:
- Log in to Polaris Bank’s Internet banking platform using your account details. Simply visit www.polarisbanklimited.com on your computer or mobile device and log in with your account details.
- Choose the account you want to check the balance for. Ensure that you select the correct account you wish to check its balance if you have multiple accounts.
- Your account balance will be displayed on the screen.
How to Check Polaris Bank Account Balance via USSD Code
Do you want to check your Polaris Bank account balance without an internet connection? With the Polaris Bank USSD code, you can easily check your account balance on your mobile phone. Follow these simple steps:
- Dial *833*6# on your mobile phone.
- Select the option for Account balance
- Follow the on-screen command
- Your account balance will be displayed on your phone screen.
Frequently Asked Questions
What are the different ways to check my Polaris Bank account balance?
You can check your Polaris Bank account balance by dialing the USSD code *833*6#, using the Polaris Bank mobile app, visiting an ATM, visiting a Polaris Bank branch, or using Polaris Bank’s online banking platform.
Is there a fee for checking my Polaris Bank account balance?
No, there is no fee for checking your Polaris Bank account balance. However, there may be charges for using certain channels such as ATM withdrawals, fund transfers, and bill payments.
How often can I check my Polaris Bank account balance?
You can check your Polaris Bank account balance as frequently as you like. There are no restrictions on the number of balance inquiries.
What should I do if my Polaris Bank account balance is incorrect?
If you detect any discrepancies in your Polaris Bank account balance, contact Polaris Bank’s customer service right away to resolve the issue.
Can I use these methods to check the balance of my joint account?
Yes, you can use these methods to check the balance of your joint account. However, you may need to provide additional information such as the account holder’s name and date of birth.
About Polaris Bank
Polaris Bank Limited is a commercial bank based in Nigeria. It is licensed by the Central Bank of Nigeria, the country’s banking regulator. In October 2022, the bank was acquired by Strategic Capital Investment Limited (SCIL).
Polaris Bank is a large financial services provider in West Africa and Central Africa with headquarters in Nigeria.
As of September 2010, the bank’s total assets were valued in excess of US$3.9 billion (NGN:611.5 billion), with shareholders’ equity of approximately US$630 million (NGN:98.4 billion).
The bank traces its origins back to 1989 when Prudent Bank Plc., was incorporated as a limited liability company. In 1990, the bank was issued a license as a merchant Bank.
That same year, it re-branded as Prudent Merchant Bank Limited. In 2006, Prudent Merchant Bank Limited merged with four other Banks to form Skye Bank Plc.:
- Bond Bank Limited
- EIB International Bank Plc.
- Reliance Bank Limited
- Co-operative Bank Plc.
In May 2021, the bank introduced and launched VULTe, its Digital Banking platform .” The bank also offers Internet banking and mobile banking. In 2014, the bank acquired Mainstreet Bank Limited.
On 21 September 2018, Godwin Emefiele, the governor of the Central Bank of Nigeria announced in Lagos that the apex bank had revoked the operating license of Skye Bank.
He also stated that the assets and liabilities of the bank would be taken over by a new entity, Polaris Bank due to the inability of Skye Bank’s shareholders to adequately recapitalize the bank after the 2016 intervention.
In August 2022, the management of Polaris Bank denied reports that the bank was being sold to Auwal Lawan Abdullah, a relative of Ibrahim Babangida.
On 20 October 2022, the Central Bank of Nigeria (CBN) and the Asset Management Corporation of Nigeria (AMCON) announced the sale of 100 percent of the equity in Polaris Bank to Strategic Capital Investment Limited (SCIL).
SCIL paid an upfront consideration of N50 billion (approximately US$115 million to acquire 100 percent of the equity of Polaris Bank.
They also agreed to pay N1.305 trillion (approx. US$3 billion) in bonds that CBN and AMCON had injected into Polaris. As a result of this transaction, CBN and AMCON recovered all the capital that had been injected into Polaris since 2018.
In conclusion, checking your Polaris Bank account balance in 2023 is simple and convenient. You can use the Polaris Bank mobile app, USSD code, ATM, or online banking platform to do so.
Monitoring your account balance is essential to avoid overdrafts or unauthorized transactions. We hope this article has been helpful in guiding you on how to check your Polaris Bank account balance in 2023.
If you have any questions regarding this post, simply leave us a comment in the comment section below and we will try to get back to you as soon as possible!
My name is Tiamiyu Abdulbazeet Olawale, the CEO of TechSpike.com.ng. He is a graduate of Electrical and Electronics Engineering at the University of Ilorin.