Details about the CitySavings Bank Teachers Loan Application Process Duration
CITYSAVINGS BANK TEACHERS LOAN – Are you wondering how long is the application process of CitySavings Teachers Salary Loan?
Aside from the loans offered by government agencies for teachers, educators may also turn to CitySavings Bank Teachers Loan offer. It is open for educators under the Department of Education (DepEd).
To be eligible for the loan offer, the applicant-borrower must be integrated in the Automatic Payroll Deduction System (APDS) and at least 65 years old upon the loan maturity. The borrower must have at least P5,000 take home pay after the loan deduction.
Are you wondering how much you may borrow under this loan offer for educators? For the loanable amounts, you may visit – CitySavings Teachers’ Salary Loan: Minimum & Maximum Loanable Amounts.
How long is the CitySavings Bank Teachers Loan application process?
The gathering of the loan requirements depend entirely on the borrower-applicant. According to CitySavings Bank, with regards to the verification process, it depends on the verifier’s load. Meanwhile, if the verifier has approved your loan application fast and sent the confirmation, the last step which is the signing of the loan documents can be done within an hour. You will receive your loan proceeds after all the signing.
Do you want to apply for this loan offer? For a thorough guide on the application process, you may visit – CitySavings Bank Teachers Salary Loan: How To Apply for this Loan Offer.
The CitySavings Bank also has a loan offer for pensioners of the Government Service Insurance System or GSIS and the Social Security System or SSS. To check how much the GSIS and SSS pensioners may borrow, feel free to visit – CitySavings Bank Pensionado Loan: Here’s How Much GSIS & SSS Pensioners may borrow.