Guide on Bank Cash Loans Features & Application
BANK CASH LOANS – Here is a list of the multi-purpose personal loan offers of the different banks in the Philippines.
Truth be told that not only the low-income earners are needing cash loans from time to time. There are also cases when even those who have huge savings in the banks will be needing extra cash for a business, investment, or a huge project.
When in need of some financial solutions, among the entities that you may turn to are banks. There are several banks in the Philippines which serve different primary purposes but all most offer loans.
In fact, most of the bank loan offers are open not only for the clients of a certain bank but for the public. Many banks even have offers that do not only qualify locally-employed and self-employed individuals but as well as overseas Filipino workers (OFWs).
There are several banks in the Philippines. Undeniably, among the giants and the most popular banking entities are the following:
- Bank of the Philippine Islands (BPI)
- BDO Unibank
- Land Bank of the Philippines
- UnionBank
- Rizal Commercial Banking Corporation (RCBC)
- Security Bank
- Asia United Bank (AUB)
- Maybank Philippines
- Metrobank
The multi-purpose bank cash loans are usually called Personal Loans and Salary Loans. The offers of the different banks may vary with regards to the qualifications for application, the requirements, the loanable amounts and interest rates, the loan terms, etc.
There might be some fees in applying for some loans and the process for the application may vary as well. Thus, it is best to check on the offers one-by-one to determine which financial solution best suits your needs.
Let us start with the BDO Unibank’s cash loan offers for locally-employed and self-employed individuals and overseas Filipino workers.
