Full List of Metrobank Loans 2024 Features & Requirements for Application
METROBANK LOANS 2024 – You can check here the guide on the different loan offers of Metrobank and the requirements for application.
In the Philippines, one of the reputable banks is Metrobank which is in the service of the Filipino people since the 1960s. It is one of the biggest banks in the country with several offers to the public.
Metrobank got both personal and business offers that encompass savings and checking accounts, loans, credit cards, investment products, and insurance services among others. Below, you can check the different loans offered by the bank.
Metrobank Cash Loan
The bank offers the Metrobank Cash Loan, a multi-purpose loan offer that is open for both salaried and non-salaried individuals. Under the offer, you may borrow up to Php 1 million to attend to several purposes. Here are the qualifications for application:
- Filipino citizen
- 21 years old and above at the time of loan application and 65 years old upon the loan maturity
- has a gross annual income of at least PHP 350,000
- has an existing credit card
- If employed: be of regular status with current employer for at least 1 year
- If self-employed: be at least 2 years in the current business
To apply for the offer, there are requirements for Metrobank cash loan that you must prepare and submit to the bank.
Metrobank Home Loan
Also one of the Metrobank loans is the Home Loan. It is ready to finance several purposes including the purchase of lot purchase, house construction, residential asset acquisition, reimbursement, refinancing, and personal consumption loan.
- at least 21 years old at the time of the loan application
- minimum gross monthly family income of PHP 40,000
- good credit history with no adverse findings
- property to be used as collateral must be residential
- with a stable source of income
Like in the cash loan offer, there are also Metrobank Home Loan requirements that you need to submit in applying for the loan offer.
Metrobank Car Loan
Another loan offer is the Metrobank Car Loan. It is ready to finance the purchase of both brand new and pre-owned vehicles. Here are the qualifications in applying for the loan offer:
- at least 18 years old at the time of the loan application
- earning a minimum gross monthly family income of PHP 40,000.00
- with good credit history with no adverse findings
- stable source of income:
- If employed, the loan applicant must have a minimum employment tenure of 2 years with current employer
- If self-employed, the loan applicant must be running a business with a profitable operation for the past 3 years
In applying for the loan offer, there are requirements for the Metrobank Car Loan application that must be submitted to the bank.
