Guide on Maybank Personal Loan Loanable Amounts 2023 – How Much You May Borrow
MAYBANK PERSONAL LOAN LOANABLE AMOUNTS 2023 – You can check the details below for the borrowing amounts allowed under the offer of Maybank Philippines.
Are you looking for a bank that offers a cash loan? Maybank Philippines is one of those that you can turn to. It has a loan offer that is open for both employed and self-employed individuals. You can check the details below.
The cash loan offer of Maybank Philippines is non-collateral. You do not need to present a property to be used as the collateral that the bank can take in case you won’t be able to repay the amount you borrowed. It also boasts its offer with high loanable amounts.
The loanable amounts under the Maybank Personal Loan 2023 offer is up to P1 million. You may repay it for up to 36 months thus you can really opt for light monthly installments. To qualify for the loan offer, the borrower must meet the following eligibility criteria:
- 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.
To apply for the loan offer, there are documentary requirements for Maybank Personal Loan 2023 application that you must prepare and submit to a Maybank branch nearest to you or where you wish to file your loan application.
