What is Sainsburys Loans?
Introduction
Sainsbury’s Loans is a financial service being offered by the Sainsbury’s Bank, a Scottish banking and financial service company. Like other banking companies it is pioneered in offering number of banking services such as general banking, consumer banking, commercial banking, merchant banking, insurance services, mortgages, loan services, credit cards, debit cards and others. Under loan services it offer loan for different purposes like home loans, education loan, personal loan, vehicle loan etc.
History
Sainsbury’s Bank came into existence through a joint venture between Sainsbury’s, a supermarket chain and
Bank of Scotland that later became part of Lloyds Banking Group in February 1997. Sainsbury's was the first main English supermarket chain to open a bank. The Financial Conduct Authority (FCA) regulates the operations of the bank. As of January, 2014 it is wholly owned and operated by the J
Sainsbury plc. It owns a strong network of its branches and ATMs across the nation with the head office of the bank located in Edinburgh, Scotland.
Customer Service
Sainsbury's Bank runs a customer care center that provides its customers and other people with information on their products and services. In addition to that it solve customer's banking related problems.