Guide on Requirements for China Bank Salary Loan Offer Application
CHINABANK CASH LOAN REQUIREMENTS 2025 – Here is a guide on the documents required and the qualifications in applying for Salary Loan offer of China Banking Corporation.
Nowadays, more and more people prefer borrowing money under bank loans than other financial entities. Undeniably, bank offers usually provide huge loanable amounts, thus, they can cater a lot of loan purposes. Are you in need of some cash?
In the Philippines, one of the banks that you may turn to is the China Banking Corporation or more popularly called Chinabank. It is operating in the country for several decades now since 1920 which it opened its first branch at the then Rosario Street, now Quentin Paredes St., Binondo, Manila.
Chinabank has several offers from different types of bank accounts to cards and loans and a lot more. With regards to the loan offers of the bank, aside from the China Bank Home Loan, the bank also offers a Salary Loan.
The Salary Loan is also called the Chinabank cash loan is equipped with the following features:
- easy and accessible application through your company HR
- employees may loan for education, emergency expenses home renovation, travel, and more
- company partners get to offer salary loans to their employees at no cost
- enjoy preferential rates and easy repayment via salary deduction
In applying for the loan offer, there are both Chinabank cash loan requirements and qualifications for application. Let us first check the eligibility criteria set by the bank. To qualify for the loan offer, here are the eligibility requirements that a loan applicant must meet:
- 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
With regards to the Chinabank cash loan requirements for application, undeniably, the Salary Loan offer has one of the shortest documentary requirements for application. Here are the documents required by Chinabank for application:
- Certificate of Employment (CEO)
- duly-accomplished SalaryPlus Application Form
- latest three (3) months payslips
- company ID and valid government-issued ID