Guide on Who Are Eligible To Apply & How To Apply for Equicom Bank Personal Loan
EQUICOM BANK PERSONAL LOAN – Here is a guide on who are eligible to apply and how to apply for this loan offer of Equicom Bank.
Although some banks are not really known to the public, a lot of banks in the Philippines now got personal loans. Undeniably, this loan offer is one of those kinds of loan that many people apply for – it is multi-purpose.
You may apply for a personal loan to have your house renovated, to make a big purchase, to pay for the schools fees, to fund an event, to pay for the utility bills, etc. Some loan offers are also open for business start-up or expansion purposes.
One of the banks in the Philippines with such offer is Equicom Bank. The bank has set some eligibility and documentary requirements in applying for the Equicom Bank Personal Loan. In this article, we will present a guide on who are eligible for it and how to apply for it.
Based on the official website of Equicom Bank, the eligibility qualifications depend on the age, employment status, and income of the applicant. Passing it is part of the application process. Here is a guide:
How To Apply for Equicom Bank Personal Loan
Step 1 – Check for your eligibility for the loan. The applicant must be:
- between 21-65 years old
- having an office or residence landline number
- living or residing in an area within the processing service area of the bank
- a regular or permanent employee for at least six(6) months and working in the current company for at least a year
- at least Php 20,000.00 basic salary for Metro Manila employees
- at least Php 15,000.00 basic salary for employees in Visayas and Mindanao
- self-employed and running a profitable business for at least two(2) years already
Step 2 – Download the loan application form and gather the requirements.
Equicom Bank has made the loan application form available on its official website. The list of requirements that you must gather can be found at the bottom part of the application form. You may visit – http://bit.do/fbYoj.
Step 3 – Submit the requirements to the bank.
Go to the nearest Equicom Savings Bank branch and submit the requirements. Make sure that the loan application form is duly-accomplished. Have your requirements checked by the bank staff.
Equicom Bank will be evaluating your loan application first. Within a few days, you may receive a notification or update regarding the status of your loan application.
Do you want to know how much you can borrow under this offer? You may visit – EQUICOM BANK PERSONAL LOAN – How Much You Can Borrow.
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