CIMB Bank Cash Loan Requirements You Must Prepare To Apply

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Guide on CIMB Bank Cash Loan Requirements for Application Process

CIMB BANK CASH LOAN REQUIREMENTS – Here are the documents needed for an online application to the CIMB Bank Personal Loan offer.

Have you heard about the Personal Loan offer of the CIMB Bank? It is fully-digital thus you may apply for it anywhere you are. Also, it has a very short list of required documents for application.

CIMB Bank Cash Loan Requirements
Photo Credit: Metro News Central

In applying for the loan offer online, here are the CIMB Bank Cash Loan requirements for application that you must prepare and submit during the process:

  • one (1) payslip
  • any of the following valid Identification Document (ID)
    • Philippine Identification System ID (PhilSys ID)
    • Printed ePhilID (Digital PhilSys ID)
    • Driver’s License
    • Passport
    • Postal ID
    • SSS – Social Security System
    • Unified Multi-Purpose ID (UMID)
    • Voter’s (COMELEC) ID Card
    • National Professional ID Card (PRC ID)
CIMB Bank
Photo Credit: CIMB Bank PH

How To Apply for CIMB Bank Cash Loan Online

Step 1 — Download the CIMB Bank PH app and tap/click “Open an account” and then “Personal Loan”

Step 2 — Choose your desired loan amount and loan term.

Step 3 — Input your Philippine mobile number and email address. Verify your mobile number using the One-Time Password (OTP) sent to you.

Step 4 — Create your username, password, and your MPIN to verify the in-app transactions.

Step 5 — Get verified through selfie check steps. Prepare any of the IDs mentioned above.

Step 6 — After passing the selfie check, make sure that your personal information is complete and correct.

Step 7 — Enter your present address in the Philippines and make sure that it is complete and verifiable.

Step 8 — Enter the additional details required in the CIMB Bank Cash Loan application.

Step 9 — Enter your employment information and your office address. Make sure the information are correct and verifiable.

Step 10 — Review your loan application. Once everything is correct, tap/click “Submit”.

Step 11 — Upload at least any of the following:

  • one (1) full month payslip
  • Certificate of Employment
  • BIR Form 2316

Step 12 — Provide a front and back photo of your company ID. While this is optional, doing this can speed up the bank’s review of your loan application.

Step 13 — Choose your preferred disbursement account. The CIMB Bank will review your loan application.

Step 14 — If your loan application was approved, you will receive a confirmatory notification asking your acceptance of the loan. It must be done before it expires.

Step 15 — Your loan will be released by the CIMB Bank through the disbursement account that you have chosen. If you chose a CIMB Bank Savings account, you may receive the money within 24 hours. If you are using other bank accounts, it may be disbursed in one (1) to two (2) working days.

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