Guide on RCBC Personal Cash Loan Features & Application Process
RCBC PERSONAL CASH LOAN – Rizal Commercial Banking Corp. is ready to help you fast-track your goals through this loan offer.
One of the credible universal banks in the Philippines is RCBC or the Rizal Commercial Banking Corporation. It is in the banking field for more than six (6) decades already. It has several offers encompassing the following:
- deposit accounts
- loans
- investment products
- credit cards
- insurance policies
With regards to the loan offer of the bank, one of the loans is the RCBC Personal Cash Loan which is multi-purpose. You may apply for it to fund the minor improvement at your house, fund a travel or an event, and a lot more situations.
Under the loan offer, the loan is payable from six (6) months up to 36 months. Here are the minimum and maximum loanable amounts under the offer:
- Minimum Loanable Amount — Php 50,000.00
- Maximum Loanable Amount — Php 1 million
The RCBC Personal Cash Loan offer is open for both employed and self-employed individuals. Here are the qualifications set by the bank under the offer:
Employed
- Filipino Citizen or Dual Citizen
- at least 21 years old upon loan application
- at most 65 years old upon loan maturity
- must have a mobile number, residence landline, or office landline
- must be locally employed at a company registered with Securities and Exchange Commission (SEC)
- with a minimum employment tenure of 2 years and minimum gross monthly income of Php 30,000
Self-Employed
- Filipino Citizen
- at least 21 years old upon loan application
- at most 65 years old upon loan maturity
- must have a mobile number, residence landline or office landline
- with business operating in the Philippines for at least 3 years and profitable for the past 2 years, and minimum gross monthly income of Php 100,000
With regards RCBC Personal Cash Loan requirements for application, here is a guide on the documents that you must prepare and submit to the bank to apply for the offer:
- duly-accomplished RCBC Personal Loan Application Form
- For Employed applicants:
- Certificate of Employment (COE) or latest ITR
- 2 valid government-issued IDs
- TIN
- Utility Bill
- For Self-Employed applicants:
- Business Papers (DTI or SEC, Mayor’s Permit)
- any of the following:
- Latest ITR
- Audited Financial Statements
- latest 3-month bank statement
Aside from RCBC, the Asia United Bank or more popularly called AUB also has its own multi-purpose cash loans. One of which is the AUB C@SHELP.
