Guide on Maya Bank Credit Loan Qualifications for Application
MAYA BANK CREDIT LOAN – Here is a guide on who are qualified to apply for the cash loan offer of Paymaya’s digital bank, Maya Bank.
Nowadays, there are several digital banks operating in the Philippines. It is through a digital bank that a banking firm may be able to reach a wider scope of audience most especially amid situations when the people’s mobility is limited like what happened during the peak of the pandemic.
Several banking firms applied for a license to operate as a digital bank amid the pandemic. The applications were addressed to Bangko Sentral ng Pilipinas (BSP). The central bank approved several applications for digital bank operation.
According to BSP, digital banks can help in the recovery of the nation’s economy. Paymaya financial app is one of those that were granted a license to operate as a digital bank.
The digital bank launched by Paymaya is Maya Bank. One of the offers of the digital bank is the Maya Bank Credit Loan, a cash loan offer that can be an excellent solution towards needs for quick money.
Who are qualified to apply for Maya Bank Credit Loan? The bank has set only a few qualifications in applying for the said loan offer. To be eligible to apply for a loan, the applicant-borrower must be:
- at least 21 years old but not over 65 years old
- an owner of an upgraded account
- an active Paymaya account user in the past six months
- having a good credit standing
The application for this Maya Bank loan offer is done in the Maya app. Aside from the Maya Bank, another digital bank that operates in the Philippines is Tonik. You may visit – Tonik Digital Bank Cash Loan: How To Apply for this Offer.
