Guide on RCBC Cash Credit Loan – How Much You May Borrow?
RCBC CASH CREDIT LOAN – Below are the minimum and maximum loanable amounts under the personal cash loan of Rizal Commercial Banking Corporation (RCBC).
In the Philippines, the Rizal Commercial Banking Corporation or more commonly called RCBC is one of the biggest and most trusted banks. It stood for years and has expanded its offers to cover a wide area that meets the common demands of many people.
RCBC got both personal and corporate offers. It offers savings, checking, time deposit, and foreign currency accounts. It also has several loan offers such as RCBC Home Loan, RCBC Auto Loan, and RCBC Personal Loan.
If you are looking for a multi-purpose loan, you may apply for the personal loan offer or the RCBC Cash Credit Loan. You may apply for it to fund your kid’s education, travel, make a huge purchase, etc.
The cash loan offer of Rizal Commercial Banking Corporation is open for both employed and self-employed individuals. A Filipino citizen or a dual-citizen who is employed may apply for the offer. The applicant must be at least 21 years old upon the loan application and not older than 65 years old upon the loan maturity. The following are the minimum monthly income required:
- If employed – minimum gross monthly income of P30,000
- If self-employed -minimum gross monthly income of P100,000
How much you may borrow under the RCBC Cash Credit Loan? Here are the minimum and maximum loanable amounts under this offer:
- Minimum Loanable Amount – P50,000.00
- Maximum Loanable Amount – P1,000,000.00
There are documents that are required in applying for the RCBC personal loan offer. To check on the list of documents needed, feel free to visit – Requirements for RCBC Cash Loan: List of Documents You Must Prepare