EastWest Personal Cash Loan Requirements 2023 You Must Comply in Applying

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Guide on EastWest Personal Cash Loan Requirements 2023 for Application

EASTWEST PERSONAL CASH LOAN REQUIREMENTS 2023 – Here are the documents needed in applying for the EastWest Bank loan offer.

Are you looking for a bank where you may apply for a cash loan offer? One of the entities that you may turn to is the EastWest Bank. It is the 11th largest bank in the country and it has several branches across the Philippines.

EastWest Personal Cash Loan Requirements 2023
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It was in 1994 when the late business tycoon Andrew Gotianun and his wife founded the EastWest Bank which is formerly called East West Banking Corporation. It is part of the Filinvest Group led by the Gotianun family.

EastWest Personal Cash Loan 2023
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The EastWest Bank has several loan offers for the public. Aside from the EastWest Bank Auto Loan, another offer is the EastWest Bank Personal Cash Loan offer that is open for both employed and self-employed individuals.

The cash loan offer is non-collateral — you do not need to present the ownership of any property to be used as the collateral in the application to the offer. Here are the EastWest Personal Cash Loan 2023 requirements in terms of eligibility:

  • a Filipino citizen or Foreign National permanently residing in the Philippines.
  • 21 years old and above during application but 65 years old and below upon loan maturity.
  • has at least one fixed landline number (either home or business) and a mobile number. (Mobile number will not be accepted as a stand-alone contact number).
  • has a Gross (basic) monthly income (GMI) must be at least Php15,000 or basic annual income or must not be less than Php180,000.

To apply for the loan offer, there are EastWest Personal Cash Loan requirements 2023 pertaining to documents that you need to prepare and submit to the bank. Here are the general requirements:

  • Completely filled-out EastWest Online Personal Loan Application Form
  • Photocopy of at least one (1) valid digitized photo-bearing and signature-bearing I.D.’s issued in the Philippines (i.e. Driver’s License, Philippine Passport, Professional Regulation Commission (PRC) I.D., SSS I.D., BIR ID, Voter’s I.D., Integrated Bar of the Philippines I.D., and Unified SSS/GSIS and TIN I.D.). Company I.D.’s issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC or IC may also be submitted.
  • (For Foreign Nationals Only) ANY of the following Proof of Residence:
    • Alien Certificate of Registration
    • Immigrant Certificate of Registration
    • Photocopy of Resident Visa stamp on Passport

The EastWest Bank has also set additional requirements depending on the employment status of the borrower. If you are employed, you must prepare and submit the following EastWest Personal Cash Loan Requirements 2023:

  • Photocopy of latest ITR/BIR Form 2316; or
  • Photocopy of latest three months pay slips; or
  • Certificate of Employment stating Salary, Position and Date Employed; or
  • Valid Credit Card reference or its latest Credit Card Statement of Account

There is a different set of requirements for proof of income of self-employed applicants. Here are the documents needed:

  • Photocopy of latest ITR/BIR Form 1701 and Audited Financial Statements
  • DTI Registration Certificate (for Sole Proprietorship) or SEC Registration Certificate with page stating shares owned by the applicant (for Partnerships or Corporations)
  • Business Permit
  • Valid Credit Card reference or its latest Credit Card Statement of Account
  • Other documents may be required for further verification such as a Mayor’s Permit.

According to EastWest Bank, for the loan application, the aforementioned EastWest Personal Cash Loan requirements for 2023 must be submitted and presented to the bank under the applicant’s name in correct spelling.

Once the loan application is approved, there are requirements for the release of the loan proceeds. You need to prepare and submit the following:

  1. Original Copy of documents submitted (to be presented only)
  2. Two (2) Valid ID’s
    1. One to be presented to the EastWest Personal Loan Releasing Unit as ID verification
    2. One to be presented to the lobby Guard of the building
  3. Original signed application form
  4. Post Dated Checks — Fully accomplished and signed (Kindly ensure that the PDCs that you will issue have no erasures, correction and/or alteration.)

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