Guide on CIMB Cash Loan Offer Online Application Process
CIMB CASH LOAN – Below is a step-by-step guide in applying for the personal cash loan offer of the CIMB Bank online.
The CIMB Bank is one of the banking entities that offer a cash loan. The best thing about the offer is that its application can be done all digital. You do not have to leave your work or home to apply for a loan.
Like in other loan offers, there is an eligibility criteria in applying for the loan offer. To be eligible, the borrower must be:
- at least 21 years old upon the loan application but not more than 65 years old upon the loan maturity
- a Filipino citizen and a non-US resident
- having a Philippine mailing address and an active Philippine mobile number
- earning at least P15,000.00 gross monthly income
- if employed, the borrower “must be tenured for at least 6 months, or 1 year of continuous employment, unless employed in the top 15,000 corporations”; or
- if self-employed, the borrower must be operating a business for at least a year already
You might like to check on the borrowing amounts allowed under the loan offer. Feel free to visit — CIMB Personal Cash Loan: Here’s the Minimum & Maximum Loanable Amounts.
How to Apply for CIMB Cash Loan Offer Online
- To begin, download the CIMB Bank PH app and select “Open an account” and then “Personal Loan”.
- Prepare your valid ID and click “Let’s Start!” to proceed.
- Select the loan amount that meets your requirements.
- Provide your Philippine mobile number and email address, and verify your mobile number using SMS OTP.
- Create a username, password, and MPIN for verifying in-app transactions.
- Undergo the selfie check process to authenticate your identity. Ensure you have one of the valid IDs ready.
- Once you successfully pass the selfie check, verify that all your personal information is accurate and complete.
- Enter your complete and verifiable Philippine present address.
- Supply any additional personal details that are required.
- Share your employment information.
- Enter your complete and verifiable office address.
- Thoroughly review your loan application, ensuring the accuracy of all details, and then tap “Submit”.
- Upload at least one acceptable income document type.
- Optionally, include photos of the front and back of your company ID. This may expedite the review of your loan application.
- Select the account where you want the loan amount to be disbursed.
- After submitting all the necessary documents, the bank team will review your application.
- If the CIMB Bank approves your loan, make sure to accept the loan offer before it expires.
- Upon accepting the loan offer, the loan amount will be disbursed to your chosen account.
You may also visit — CIMB Bank Personal Loan – How Much You Must Prepare For Monthly Payment