Guide on Metrobank Cash Loan 2025 Application Process
METROBANK CASH LOAN 2025 – Here is a guide on how to apply for the Personal Loan offer of Metrobank including the requirements you must submit.
One of the major Philippine banks in the country is the Metropolitan Bank & Trust Company or more popularly known as Metrobank. It was incorporated in April 1962 by a group of Filipino businessmen. It was first established in Binondo, Manila.
The first branch of Metrobank was in Divisoria which started its operation in 1963. After nearly two (2) decades, the bank has grown to having more than 200 branches across the nation. It is one of the multi-awarded banks in the country.
Now, Metrobank has over 950 branches in the country and more than 30 branches in other countries, representative offices, and subsidiaries. Through the years, it has continuously grow its offers which encompass both personal and business finance products.
Metrobank offers bank accounts, debit and credit cards, loans, investment products, and insurance policies under its “personal” category. Aside from the Metrobank Car Loan, the bank also has the Personal Loan or also called the Metrobank cash loan.
The Personal Loan is the multi-purpose loan offer of the bank. You may apply for it to make a personal purchase, get your car repaired, boost you business capital, travel, host an event, fund a project, etc.
The Metrobank cash loan offer has a huge loanable amount and is open for both employed and self-employed individuals who meet its eligibility criteria. The loan term can be extended to up to 36 months, thus, you can go for light monthly installments in repaying your loan.
The interest rate under the Metrobank cash loan offer depends on the chosen loan term. Here is a guide in applying for the Personal Loan offer:
Step 1 — Check the Qualifications
Like in applying for the other loans, there are eligibility requirements in applying for the Metrobank loan offer. Here are the qualifications that a borrower must meet to be eligible to apply for the loan offer:
- Filipino citizen
- At least 21 years old at the time of loan application and 65 years old upon loan maturity
- Have a gross annual income of at least PHP 250,000
- Have 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
Step 2 — Prepare the Requirements
There are documentary requirements in applying for the Metrobank cash loan offer. Undeniably, the loan offer has one of the shortest list of required documents for application.
Step 3 — File your Loan Application
Visit a branch of Metrobank and submit your documents. The loan processing may take up to seven (7) business days. Wait for an update from the bank.