Guide on PSBank Loans 2024 and their Qualifications
PSBANK LOANS 2024 – Here is a full list of the loan offers of the Philippine Savings Bank that you may apply for.
In the Philippines, one of the banks that is reputable is the Philippine Savings Bank or more popularly called PSBank. It has several deposit bank accounts, loans, investment products, insurance policies, and other financial services offers.
The PSBank is a subsidiary bank of Metrobank, one of the biggest and most-trusted banks in the country. Its main branch is in Makati and it has several branches across the nation thus its offers are really accessible to the public.
With regards to the PSBank loans 2024, here are the offers that you might like to apply for and the qualifications to be eligible to apply for the loan offer:
PSBank Cash Loan
The Philippine Savings Bank offers a multi-purpose cash loan with loanable amount under the PSBank cash loan that can address multiple short-term needs. Here are the qualifications in applying for the loan offer:
- a Filipino residing in the Philippines
- 22 years old and above but not more than 54 years old upon the loan application
- with a stable source of income:
- If employed:
- at least two years permanent work status with one year tenure in current employer
- earning at least PhP15,000 gross monthly income
- If self-employed:
- business must be operating profitably for the last three years
- earning at least PhP30,000 gross monthly income
- If employed:
- has a residential landline or mobile number, business landline and email address
- preferably an active credit cardholder
There are requirements you must prepare for the PSBank cash loan application.
PSBank Home Loan
The PSBank Home Loan is ready to finance the acquisition of a residential property, a house construction or renovation, an existing home loan refinancing, and an equity or reimbursement of acquisition cost. The bank has cited the range of loanable amount under the PSBank Home Loan offer. Here are the qualifications:
- a Filipino residing in the Philippines
- of legal age
- employed, self-employed, or an overseas Filipino worker (OFW) with a stable source of income
- has a residential landline or mobile number, business landline and email address
There are requirements you must prepare for the PSBank Home Loan application.
PSBank Auto Loan
Also one of the PSBank loans is the Auto Loan that can finance the purchase of a brand new and pre-owned vehicle. The loanable amount under the PSBank Auto Loan offer may vary but here are the qualifications for application:
- at least 21 years of age and not more than 65 years at the time of loan maturity
- Filipinos, foreigners holding permanent resident / immigrant visas (permanent residents) and certain non-immigrants and embassy officials (temporary residents), subject to specific limitations and conditions.
- with a stable source of income:
- If employed, the loan applicant must have a tenure of at least two (2) years
- If engaged in a business, the loan applicant must be operating for the last two (2) years
There are requirements you must prepare for the PSBank Auto Loan application.
