Guide on Whether Non-Government Employees Are Eligible for DBP Credit Salary Loan or Not
DBP CREDIT SALARY LOAN – Here is a guide on whether an employee of a non-government institution is eligible for the salary loan offer of the Development Bank of the Philippines or not.
In the Philippines, most banks do not only offer savings and deposit accounts, investment products, credit cards, and insurance policies. The different loans have become part of their offers and it greatly benefit the public.
With regards to loans, they are not solely offered by giant private banking companies but as well as government banks. One of it is the Development Bank of the Philippines or more commonly called as DBP.
The said government bank has this DBP Credit Salary Loan, a multi-purpose loan offer. You may apply for it to make ends meet, to travel, to pay for the utility bills, to cope with hospital expenses, to pay for the tuition fees, etc.
However, the DBP Credit Salary Loan is an exclusive offer. It is only open for the government employees. The repayment of the loan can be done through salary deductions provided that there is a tie-up agreement between the bank and the company the client is working in.
According to the bank, under the said loan offer, you may get the cash in as fast as five (5) working days. Here is a list of the minimum and the maximum loanable amounts:
- Minimum Loanable Amount – Php 10,000.00
- Maximum Loanable Amount – Php 1,000,000.00
Are you interest to apply for the said DBP loan offer? You might want a step-by-step guide on the application process. Feel free to visit – DBP SALARY LOAN: How To Apply For Salary Loan To DBP.
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