List of EastWest Personal Loan Requirements for Self-Employed Individuals Who Want To Apply
EASTWEST PERSONAL LOAN REQUIREMENTS you must submit to the bank in applying for cash loan if you are self-employed.
Nowadays, the people have a lot of options when it comes to obtaining extra funds. One of the providers of these options is the EastWest Bank. It is one of the banking entities that is operation in the country for several years now.
The EastWest Bank offers the Personal Loan that can provide you with cash to be used for multiple purposes. The loan is payable for up to 36 months thus there is really an option if you want low monthly amortizations.
Who are qualified to apply for the loan offer? Before checking on the EastWest Personal Loan requirements, check out the eligibility requirements first which are as follows:
- a Filipino citizen
- at least 21 years old during application and not more than 65 years old upon loan maturity
- with at least one fixed landline number (either home or business) and a mobile number
- must have a Gross (basic) monthly income (GMI) must be at least Php 15,000 or basic annual income or must not be less than Php 180,000
In applying for the loan offer, there are different lists of EastWest Personal Loan requirements upon the loan application, upon the loan release, and for the crediting of the money to the assigned account.
For self-employed individuals who want to apply for the loan offer, here are the documents that you need to prepare and submit or present to the bank:
Upon loan application
- duly-filled-out EastWest Online Personal Loan Application Form
- photocopy of at least one (1) valid digitized photo-bearing and signature-bearing I.D.’s issued in the Philippines
- Driver’s License
- Philippine Passport
- Professional Regulation Commission (PRC) I.D.
- SSS I.D.
- BIR ID
- Voter’s I.D.
- Integrated Bar of the Philippines I.D.
- Unified SSS/GSIS
- TIN I.D.
- proof of income (any of the following):
- Photocopy of latest ITR/BIR Form 1701 and Audited Financial Statements
- DTI Registration Certificate (for Sole Proprietorship) or SEC Registration Certificate with page stating shares owned by the applicant (for Partnerships or Corporations)
- Business Permit
- Valid Credit Card reference or its latest Credit Card Statement of Account
- Other documents may be required for further verification such as a Mayor’s Permit
Upon the loan release
- original Copy of documents submitted (to be presented only)
- two (2) valid ID’s
- one to be presented to the EastWest Personal Loan Releasing Unit as ID verification
- one to be presented to the lobby Guard of the building
- Original signed application form
- Post Dated Checks — Fully accomplished and signed
Delivery and Credit To Account Option
- photocopy of one (1) valid ID with 3 specimen signatures
- original Copy of documents submitted (to be presented only)
- Post Dated Checks — Fully accomplished and signed