How Much Is the EastWest Bank Cash Loan Loanable Amount — Check Below
EASTWEST BANK CASH LOAN LOANABLE AMOUNT – Here is a guide on the borrowing amounts allowed by EastWest Bank under the offer.
Are you looking for a bank that can lend you some cash that can be used in several purposes? One of the banking entities that you may turn to is the EastWest Bank. It is one of the reputable banks in the Philippines.
Officially called the EastWest Bank Personal Loan, it is a multi-purpose loan offer that can finance a lot of purposes including the following:
- small and big purchases
- flight bookings
- tuition fee payments
- car repair
- minor business expansion
- home improvement
- funding an event
The EasTWest Bank loan offer is open for both employed and self-employed individuals. The bank boasts its loan offer with high maximum loanable amount, easy payment methods, and light monthly installments. You may borrow up to seven times of your monthly salary.
Here are the minimum and maximum loanable amounts under the EastWest Bank Cash Loan offer:
- Minimum Loanable Amount — Php 25,000
- Maximum Loanable Amount — Php 2 million
According to EastWest Bank, the minimum loan term is 12 months or one (1) year while the maximum loan term is 36 months or three (3) years. The loan can be paid in 12, 18, 24, or 36 monthly installments at competitive interest rates.
The EastWest Bank Cash Loan interest rates may vary depending if you have an existing credit card or bank loan of at least nine (9) months or none. The bank provides lower interest for individuals with an existing credit card or bank loan of at least nine (9) months.
To apply for the loan offer, there are a few documentary requirements that EastWest Bank requires for submission. It depends if you are locally-employed or self-employed.