Guide on EastWest Personal Cash Loan Features & Application
EASTWEST PERSONAL CASH LOAN – You can check this offer of the EastWest Bank that can provide you with up to 7x of your monthly salary.
Are you looking for a loan offer with a high loanable amount? In this case, one of the trusted banking entities that you may turn to is the EastWest Bank.
The EastWest Bank is one of the biggest banks in the Philippines in terms of assets. It started its operation in 1994 in Manila after it was founded by the late business tycoon Andrew Gotianun and his wife.
Through the years, the EasWest Bank has continually grew its offers which now encompass both personal and business categories. Among these are loans that attend to different purposes.
One of the loan offers of the bank is the EastWest Personal Cash Loan. It is a non-collateral loan offer that also does not require a co-maker in the application. Here are the loanable amounts under the offer:
- Minimum Loanable Amount — Php 25,000
- Maximum Loanable Amount — Php 2 million
Under the loan offer, you may repay the loan in 12, 18, 24 and 36 months at competitive interest rates. The interest depends if you have an existing credit card or bank loan of at least nine (9) months or none.
| With Existing Credit Card or Bank Loan of At Least 9 Months | ||||
|---|---|---|---|---|
| Tenor | Monthly Rate | Factor Rate | Contractual Interest Rate | Effective Interest Rate* |
| 12 months | 1.79% | 0.1012333 | 37.54% p.a. | 50.27% p.a. |
| 18 months | 0.0734556 | 37.45% p.a. | 48.50% p.a. | |
| 24 months | 0.0595667 | 36.98% p.a. | 46.97% p.a. | |
| 36 months | 0.0456778 | 35.78% p.a. | 44.42% p.a. | |
| Without Existing Credit Card or Bank Loan of At Least 9 Months | ||||
|---|---|---|---|---|
| Tenor | Monthly Rate | Factor Rate | Contractual Interest Rate | Effective Interest Rate* |
| 12 months | 1.99% | 0.1032333 | 41.51% p.a. | 56.19% p.a. |
| 18 months | 0.0754556 | 41.31% p.a. | 54.19% p.a. | |
| 24 months | 0.0615667 | 40.70% p.a. | 52.41% p.a. | |
| 36 months | 0.0476778 | 39.26% p.a. | 49.42% p.a. | |
To apply for the loan offer, there are eligibility and documentary requirements in applying for the EastWest Bank loan offer. There are varying requirements among the employed and self-employed applicants.
how to apply for the loan maam.ned lng po tlga.ty