List of Requirements for Maybank Personal Loan 2023 Application
REQUIREMENTS MAYBANK PERSONAL LOAN 2023 – Here are the documents that Maybank Philippines require in applying for the cash loan offer.
One of the banks that offer a cash loan is Maybank. It is one of the largest banks by market capitalization and total assets in Malaysia. It has several branches across the globe including the ones in the Philippines.
Maybank actual has several offers — savings accounts, checking accounts, credit cards, loans, and a lot more. Its offers encompass both personal banking and business banking services.
One of loan offers of Maybank Philippines is the Personal Loan. It is non-collateral cash loan offer that features high loanable amounts, flexible payment terms, and competitive monthly add-on interest rate. It is open for both employed and self-employed individuals.
To qualify for the loan offer, here are the requirements for Maybank Personal Loan 2023 application that the loan applicant must meet:
- a Filipino citizen
- at least 23 years old at the time of the loan application but not older than 65 years old upon the loan maturity
- home and business address should be within any of the bank’s service regions
- with the following active contact numbers:
- home landline
- office or business landline
- mobile number
- proof of income
- If employed, the loan applicant must be working for your current employer for at least two (2) years already at the time of the filing of the loan application. The borrower must be earning at least Php 25,000 per month and the employer must be one (1) of the top 7,000 companies in the country
- If self-employed, the loan applicant must in the same business for at least three (3) years and the business must be operational in the past three (3) years and profitable in the last two (2) years. Furthermore, the business must be earning an average monthly income of P200,000. It is must be registered to the Department of Trade and Industry (DTI) or the Securities Exchange Commission (SEC).
- If a professional, the borrower must be in the same profession for the least three (3) years already. The average monthly income must not fall below P20,000.
Aside from the eligibility requirements for Maybank Personal Loan 2023 application, there are documents that you must prepare in applying for the loan offer. The list of documents required by Maybank Philippines depends whether you are employed or self-employed.
For employed applicants, prepare the following:
- Photocopy of 2 valid IDs with 3 specimen signatures
- Photocopy of latest utility billing statement with residence address
- Original certificate of employment with compensation and 1 month payslip
- Photocopy of latest ITR or BIR Form 2316
For self-employed applicants, prepare the following:
- Photocopy of 2 valid IDs with 3 specimen signatures
- SEC/ DTI Certificate of Registration
- 2 years Audited Financial Statements
- Latest 6 months bank statements with average monthly deposit of Php 200,000
- List of 3 major suppliers and 3 major customers
