Guide on CIMB Personal Cash Loan – How Much You May Borrow
CIMB PERSONAL CASH LOAN – Here are the minimum and maximum loanable amounts under this CIMB Bank loan offer.
Are you familiar with the CIMB Bank? It is one of the trusted banks in the Philippines with several branches across the nation. Like most banks, it has savings accounts, checking accounts, and loan offers.
What sets the loan offer of the CIMB Bank apart is that the application can take place all online.
Who are qualified to apply for the CIMB Personal Cash Loan offer? To be eligible to apply for this loan offer, the applicant-borrower must be:
- at least 21 years old upon the loan application but not more than 65 years old upon the loan maturity
- a Filipino citizen and a non-US resident
- having a Philippine mailing address and an active Philippine mobile number
- earning at least P15,000.00 gross monthly income
- if employed, the borrower “must be tenured for at least 6 months, or 1 year of continuous employment, unless employed in the top 15,000 corporations”; or
- if self-employed, the borrower must be operating a business for at least a year already
How much you may borrow under the CIMB Personal Cash Loan offer? Here are the minimum and maximum loanable amounts under the offer:
- Minimum Loanable Amount — P30,000.00
- Maximum Loanable Amount — P1 million
The processing of the CIMB Bank loan application is all digital as mentioned earlier. All processing can be done in as fast as 10 minutes. You just have to visit the CIMB Bank official website.
All loan applications are subject to the approval of the bank. If approved, the loan proceeds disbursement is instant if you have a CIMB Bank Savings Account. If it will be released to other bank accounts, the releasing will take 1-2 working days.
You may also visit — Online Loans: Here’s What You Need To Know & Some Tips in Managing your Loan Accounts
