LIST: Requirements for PSBank Cash Loan Application

Guide on the Requirements for PSBank Cash Loan Application – What You Need to Prepare

REQUIREMENTS FOR PSBANK CASH LOAN – Here is a list of the documents you need to prepare in applying for a personal loan to PSBank.

Banks are among the entities that the public can turn to in times of need for extra funds for a certain purpose. Most banks have multiple loan offers and they are beneficial not only for the completion of certain goals but most especially during financial emergency situations.

In the Philippines, one of the banks with multiple loan offers is PSBank. It is one of the popular banks that has gained public trust in the country and its offers cover different types of deposit accounts, loans, investment products, insurance policies, and several other financial products and services.

When it comes to loan, PSBank has a cash loan offer that is collateral-free. The applicant-borrower does not need to be a property owner to qualify for the said loan offer.

The said loan offer offers both a Revolving Credit Line which “is a type of credit without a fixed number of payments” and a Fixed Term Loan that requires the borrower “to make periodic payments usually over a certain fixed period”.

There are documentary requirements for PSBank Cash Loan application. The borrower-applicant must prepare the following:

• duly-accomplished PSBank Flexi Personal Loan Application Form
• photo of any of the following IDs:
  • company ID
  • SSS ID
  • GSIS ID
  • PRC ID
  • Driver’s License
  • Passport
  • TIN (plastic card type)
  • NBI Clearance
  • Integrated Bar of the Philippines ID
• For employed applicants:
  • photocopy of BIR form 2316
• For self-employed applicants:
  • photocopy of BIR form 1701
  • audited Financial Statements with BIR stamp for the past 2 years
• For credit-card holders:
  • original copy of the latest credit card billing statement (with the client as the PRINCIPAL cardholder)

Submit these documentary requirements for the PSBank Cash Loan application to a branch of the bank nearest to you. Wait for an update from the bank regarding the status of your loan application.