DBP CREDIT SALARY LOAN: List of Loanable Amounts, Monthly Payment

List of Loanable Amounts Under DBP Credit Salary Loan, Monthly Payment Based on Term, Amount

DBP CREDIT SALARY LOAN – Here is a full list of the loanable amounts and the monthly payment based on term and amount under the Development Bank of the Philippines’ salary loan.

In the Philippines, there are a lot of banks that offer salary loan to the public. Many people prefer it over the other types of loan due to its flexibility. You can use the money to other purposes aside from house or car purchase.

One of the banks that offer salary loan is the Development Bank of the Philippines or more commonly called DBP. It is a secondary government bank in the country.

The bank offers DBP Credit Salary Loan to the employees of the government offices and agencies. Payment for this loan can be done through deductions from the employee’s monthly wage.

Based on the official website of the Development bank of the Philippines, employees of government agencies and offices can apply up to Php 1,000,000.00 under the DBP Credit Salary Loan.

The monthly amortization will depend on the amount borrowed and as well as the length of term for payment. Borrowers may pay it in 12 months, 24 months, 36 months, or 48 months.

Here is a full list of the loanable amounts under the salary loan offered by DBP and the monthly amortizations depending on the amount and term:

According to DBP, this type of loan offers fast approval within five(5) working days since the application. Are you planning to apply for it soon?

We’ll update you soon with the steps and requirements in applying for this salary loan or you may also inquire further through the bank’s Call Customer Service at (02) 683-8324.

Thank you for visiting our website. We hope we have helped you with regards to your application for DBP salary loan. You may keep coming back for more informative guides.