Guide on the Requirements for RCBC Cash Loan for Employed Applicants
REQUIREMENTS FOR RCBC CASH LOAN FOR EMPLOYED APPLICANTS – Here are the lists of the qualifications and the documents you will need in applying.
When it comes to cash loans, one of the banks that you may turn to is Rizal Commercial Banking Corporation. More commonly called RCBC, it is one of the trusted and known banks in the country.
RCBC has several loan offers. With regards to its cash loan offer, the maximum loan term is 36 months and among those who may be qualified to apply for it are employed individuals. You can check on the loan details below.
Qualifications. Most banks and lending companies set eligibility requirements under their loan offers. Under the cash loan offer of Rizal Commercial Banking Corporation, if employed, to be eligible to apply for the loan offer, the borrower-applicants must be:
- a Filipino citizen or a dual citizen
- at least 21 years old upon the loan application but not over 65 years old upon the loan maturity
- having a mobile number, residence landline, or office landline
- employed at a SEC-registered company (Securities Exchange Commission)
- working for at least two (2) years already in the company at the time of the application
- earning a minimum gross monthly income of P30,000
Documentary Requirements for RCBC Cash Loan Offer. Here are the basic and specific requirements you must prepare and submit to the bank if you are employed:
- duly-accomplished and signed RCBC Personal Cash Loan Application Form
- proof of income (any of the following):
- Certificate of Employment (COE) or the latest Income Tax Return (ITR)
- two (2) valid government-issued IDs
- Tax Identification Number (TIN)
- Utility Bill
Do you want to check on the loanable amounts under the loan offer? To check how much you may borrow, feel free to visit – RCBC Cash Loan: Minimum & Maximum Loanable Amounts.
