PSBank Cash Loan Requirements 2024 You Must Submit To Apply

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List of PSBank Cash Loan Requirements 2024 for Application

PSBANK CASH LOAN REQUIREMENTS 2024 – Here are the documents needed in applying for the multi-purpose Personal Loan offer of Philippine Savings Bank.

In the country, one of the banks that offer a multi-purpose cash loan is the PSBank or the Philippine Savings Bank. It is officially called “Personal Loan” and, under it, there are two (2) offers — a Revolving Credit Line and a Fixed Term Loan.

PSBank Cash Loan Requirements
Photo Credit: Metro News Central

The PSBank is one of the trusted banks in the country. It is a subsidiary of Metrobank and is the second biggest subsidiary bank in the Philippines next to BPI Family Savings Bank. Aside from the PSBank Business Insurance, it has several loan offers which include the Personal Loan which is a collateral-free cash loan offer.

Philippine Savings Bank
Photo Credit: Manila Bulletin

To qualify for the loan offer, there are PSBank Cash Loan requirements for eligibility that the applicant must meet. To be eligible to apply for the loan offer, you must be a Filipino residing in the Philippines who is 22 years old and above but not more than 54 years old upon the loan application and has a stable source of income.

If you are employed, you must be at least two years and on a permanent work status with one year tenure in current employer and earning at least PhP15,000 gross monthly income. If self-employed, you must be running a business that is profitably operating for the last three years and earning at least PhP30,000 gross monthly income.

  • duly-accomplished PSBank Flexi Personal Loan Application Form
  • Photocopy of any of the following identification cards: 
    • List of Acceptable IDs:
      • Primary ID’s
        1. PhilID and various formats of PhilSys Digital ID / e-PhilID
          (with three (3) specimen signatures required)
        2. Philippine Passport ID/ Signature
        3. Digitized Driver’s License (Professional or Non-Professional) ID
        4. Professional Regulations Commission (PRC) ID
        5. Digitized Postal ID
        6. Digitized Social Security System (SSS) ID
        7. Digitized Unified Multi-Purpose ID
        8. Digitized Voter’s ID
        9. Digitized Overseas Workers Welfare Administration (OWWA) or Overseas Filipino Worker (OFW) ID
        10. Government Service Insurance System (GSIS) E-Card
      • Additional One (1) Primary ID
        1. Digitized Pag-ibig Loyalty Card
        2. Digitized Tax Identification Number (TIN) ID
        3. Digitized Firearms License ID
        4. Integrated Bar of the Philippines (IBP) ID
        5. Digitized Seaman or Seafarer’s Book
      • Additional Two (2) Secondary IDs
        1. Person with Disability (PWD) ID
        2. Non-Digitized Voter’s ID
        3. Non-Digitized Postal ID
        4. National Bureau of Investigation (NBI) Clearance
        5. Barangay Clearance Certificate / ID
        6. Police Clearance Certificate / ID
        7. Company Issued ID by Private Entities Registered or Regulated by BSP/SEC/IC
        8. Photo-Bearing and Signature-Bearing Student Driver’s Permit / License with Official Receipt (O.R.)
  • Photocopy of BIR form 2316 for employed applicants
  • Photocopy of BIR form 1701 for self-employed applicants with Audited Financial Statements with BIR stamp for the past 2 years

If you are a credit cardholder you must also present an original copy of your latest credit card billing statement to PSBank.

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