Guide on Requirements for China Bank Salary Loan Offer Application
REQUIREMENTS CHINA BANK SALARY LOAN – Here are the qualifications and the documentary requirements in applying for this loan offer.
In the Philippines, there are several banks that have exclusive offers to companies that are accredited to them. Most of these banks got loan offers for the employees of the firm who are accredited to them and companies go for accreditation to widen the resources and turn tos of people who are working to them.
One of the banks with exclusive offers is China Bank. Have you heard about the China Bank Salary Loan which is open for employees of companies accredited to the bank? It boasts its offer with the following features:
- company partners get to offer salary loans to their employees at no cost
- easy and accessible application through your company HR
- enjoy preferential rates and easy repayment via salary deduction
- employees may loan for education, emergency expenses home renovation, travel, and more
To apply for the said loan offer, there are qualifications you must pass and documents you must prepare so you can submit them to your HR or the bank for application.
Qualifications. Most banks have a set of qualifications under their loan offers and other services. With regards to the China Bank Salary Loan offer, to be eligible to apply for it, the borrower-applicant must be:
- a regular employee
- at least 21 years old upon the loan application
- at least 65 years old upon the loan maturity
- working in the current company for at least two (2) years already upon the loan application
- earning a minimum gross monthly salary of at least Php 15,000
- having no pending cases
- not subject to any internal investigation or complaint
- having no adverse credit findings
Requirements. Aside from the eligibility requirements, there are documentary requirements for China Bank Salary Loan application. According to the bank, you need to prepare the following:
- Certificate of Employment (CEO)
- duly-accomplished SalaryPlus Application Form
- latest three (3) months payslips
- company ID and valid government-issued ID
Aside from the said salary loan offer, the bank also has a home loan offer. You may visit – CHINA BANK HOME LOAN – Required Income In Applying For This Loan.
