DBP Credit Salary Loan – How Much Is the Monthly Due for 450K Loan

Guide on How Much Is the Monthly Due for Borrowing 450K Under the DBP Credit Salary Loan

DBP CREDIT SALARY LOAN – Here is a guide on how much is the monthly due for borrowing 450K under this loan offer.

If you are a government employee, one of the banks that you may turn to in the face of financial emergencies is the Development Bank of the Philippines. It is more popularly called as DBP.

DBP does not only offer deposit products, fund transfer services, and ATM services. It also got some loan offers for the individuals who are working in the government or public sector.

For a cash loan, the offer of the government bank is the DBP Credit Salary Loan. It is a quick cash loan offer that can provide you cash in as fast as five (5) working days since the approval of the loan application.

You may apply for the said DBP loan offer to make ends meet, to purchase an appliance, to pay for the electricity bills, to travel, to host an event, to get your car repaired, etc. The repayment of the loan can be done through salary deductions for your benefit and convenience.

• Minimum Loanable Amount – Php 10,000.00
• Maximum Loanable Amount – Php 1,000,000.00

How much is the monthly due if you will borrow 450K (Php 450,000.00) under the DBP Credit Salary Loan offer?

The monthly amortization may depend not only on the loan amount but as well as the loan term. You may pay for the loan in twelve (12), twenty-four (24), thirty-six (36), or forty-eight (48) months. According to DBP, here is a list of the possible monthly dues based on the loan tenor:

• 12-Month Term – Php 39,981.75
• 24-Month Term – Php 21,183.15
• 36-Month Term – Php 14,946.65
• 48-Month Term – Php 12,523.65

Are you planning to apply for the said DBP cash loan? You may visit – DBP SALARY LOAN: How To Apply For Salary Loan To DBP.

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