Guide on Monthy Payment for Borrowing 200K Under the CTBC Bank Cash Loan
CTBC BANK CASH LOAN – Here is a guide on how much is the monthly payment for borrowing Php 200,000.00 under the said CTBC loan offer.
A lot of banks in the Philippines now are offering not only deposit accounts but as well as other services and offers to the public. Let us take for example the CTBC Bank, a subsidiary of Chinatrust Commercial Bank Corp. of Taiwan.
The CTBC Bank got cash management services and as well as investment products aside from its deposit account offers. It got a variety of services on personal category and as well as business category.
Also, there are several CTBC Bank loans that are open for the public. One of them is the salary loan offer.
The said CTBC Bank cash loan offer bear a set of eligibility qualifications in applying. To be eligible to apply for the said offer, the applicant must be:
- between 23 to 60 years old upon (not more than 60 years old upon the loan maturity)
- a Filipino citizen
- having a stable source of income (employed or self-employed)
- earning at least Php 15,000.00 monthly for applicants based in Metro Manila and
- Php 10,000.00 monthly income for applicants based outside Metro Manila
- for employed applicants, he or she must be working in the current company and in a permanent status for at least a year
With regards to the amount that you may borrow, the bank may lend you from Php 20,000.00 up to Php 1,000,000.00. The loan can be repaid in 12, 18, 24, or 36 months.
Are you planning to borrow Php 200,000.00 under the CTBC Bank Cash Loan? Here is a list of the possible monthly payment based on the loan term:
- 12-Month Loan Term – Php 119,446.67 – Php 20,246.67
- 18-Month Loan Term – Php 13,891.11 – Php 14,691.11
- 24-Month Loan Term – Php 11,113.33 – Php 11,913.33
- 36-Month Loan Term – Php 8,335.56 – Php 9,135.56
You might want a guide in applying for CTBC Bank loan offer. Feel free to visit – CTBC BANK LOAN – How To Apply For Salary Loan To CTBC Bank.
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