DBP Credit Salary Loan: Minimum & Maximum Loanable Amounts

Guide on DBP Credit Salary Loan – How Much You Can Borrow?

DBP CREDIT SALARY LOAN – Here are the minimum and maximum loanable amounts under this loan offer of the Development Bank of the Philippines.

Nowadays, loans are the turn-tos of many people in times of financial emergency. Usually, it is due to the fact that loan offers from entities that really stand to provide for it have huge loanable amounts compared with the amount that can be borrowed from private individuals.

Furthermore, many people prefer bank loans due to their longer repayment terms. You can pay for your loan for up to five (5) years in most loan offers thus you can hardly feel your loan amortization every month.

There are loans that can help you borrow cash while there are also that are designed to fund specific purposes like buying a house, purchasing a car, renovating a house, etc. With regards to the cash loan offers, they are usually multi-purpose.

The Development Bank of the Philippines is one of the banks with a cash loan offer. It is one of the government banks in the country. The loan offer is DBP Credit Salary Loan.

With regards to the loanable amounts, here are the minimum and the maximum amounts that you can borrow under the DBP Credit Salary Loan offer:

• Minimum Loanable Amount – Php 10,000.00
• Maximum Loanable Amount – Php 1,000,000.00

According to DBP, you can get your loan proceeds within five (5) working days since the day of the loan approval. You can also go for a convenient repayment of your loan through salary deductions. With regards to the qualifications and requirements in applying for this loan offer, feel free to visit – DBP EC Credit Loan: Who Are Qualified To Apply For It.

The repayment for this DBP loan can be done through salary deductions but the employer must have a tie-up arrangement with the bank in the said case.