Guide on How Many Days Before You Can Get the Cash Under the DBP Credit Salary Loan
DBP CREDIT SALARY LOAN – Here is a guide on how many days will it take before you can get the cash or loan proceeds under this offer.
One of the banks in the Philippines that have exclusive loan offers is the Development Bank of the Philippines or more commonly known as DBP. This bank got a loan offer that is solely open for the employees of the government.
Under its EC Credit Salary Loan, government employees may be provided with cash assistance for several purposes. You may apply for it to make ends meet, pay for the utility bills, make a big purchase, get your car repaired, pay for the school fees, etc.
This loan offer features easy and fast application process, availment, and repayment. Based on the official website of the bank, the repayment can be done through salary deductions – a step for the convenience of the borrower.
The bank has set a pretty great range of the loanable amounts under the DBP Credit Salary Loan. Here is a guide on how much you can borrow under this loan offer:
- Minimum Loanable Amount – Php 10,000.00
- Maximum Loanable Amount – Php 1,000,000.00
With regards to the minimum and maximum payment terms, you may pay for your loan in 12, 24, 36, or 48 months. Your employer must have a tie-up deal with the bank in case you opt the payment to be done through salary deductions.
How many days before your can get your cash under the DBP Credit Salary Loan?
According to DBP, you may have your cash or loan proceeds in as fast as five(5) working days since the application was filed. The application process is simple. For a guide, you may visit – DBP SALARY LOAN: How To Apply For Salary Loan To DBP.
For further inquiries regarding the loan offer, you may either call the Customer Service of DBP or send a message through their email address. Here are the contact information provided by the bank:
- Customer Service Contact Number – (02) 683-8324
- Email Address – [email protected]
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READ ALSO: LOANS FOR GOVERNMENT EMPLOYEES – List of Loan Offers for Public Sector Workers