Guide on How Much is the Required Income Under the CTBC Bank Salary Loan
CTBC BANK SALARY LOAN – Here is a guide on how much is the required monthly income for employed and self-employed applicants under this loan offer.
Several international banks have branches in the Philippines. One of them is the CBTC Bank which has excellent offers to the public under personal and business banking. It offers deposit accounts to investment products, to cash management services to loans.
With regards to loans, one of the offers of the bank is a salary loan. The good thing about it is that it is not only open for employed individuals but as well as for those who are self-employed.
The said salary loan offer is a non-collateral loan offer. Like in other bank loans, there is a required income set in applying for this loan offer and that is what we will present in this article.
Based on the official website of the CTBC Bank, the required income under the CTBC Bank Salary Loan may depend on the location of the borrower. Here are the income requirements set by the bank:
- For Employed Applicants
- at least Php 15,000.00 per month for Manila-based applicants
- at least Php 10,000.00 per month for provincial-based applicants
- For Self-Employed Applicants
- at least Php 15,000.00 per month for Manila-based applicants
- at least Php 10,000.00 per month for provincial-based applicants
Aside from the income requirements, there are other eligibility qualifications set by the bank. Checking for your eligibility is part of the application process. For a guide on the said qualifications and the process in applying, visit – CTBC BANK SALARY LOAN – How To Apply For Salary Loan.
The Bank has not provided details regarding the loanable amounts under this salary loan. Meanwhile, you will have several options on how you can receive the money.
- CTBC Bank Account Credit
- Manager’s Check
- Other Bank Account Credit
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: CTBC BANK PERSONAL LOAN – Minimum & Maximum Loanable Amounts