Guide on RCBC Home Loans 2024 Features for Qualified Clients
RCBC HOME LOANS 2024 – You can achieve your dream house through the help of Rizal Commercial Banking Corporation.
One of the longest-operating banks in the Philippines is Rizal Commercial Banking Corporation. More popularly called RCBC, the bank started operating in the country since the 1960. It has several offers for the salaried and the non-salaried individuals.
The RCBC has different types of bank account offers, credit cards, and loans. It also has different investment products and services. Among its loan offers are the following:
- RCBC Personal Loan
- RCBC Auto Loans
- RCBC Home Loans
With regards to the home loan offers of Rizal Commercial Banking Corporation, it is packed with excellent features. It is ready to finance several kinds of purposes such as the following:
- acquisition of a residential property
- house and lot
- condominium unit
- vacant lot
- house construction
- home renovation
- home loan refinancing
- multi-purpose loan offer
The bank boasts the RCBC home loans with low monthly amortization and a worry-free insurance coverage with the entire loan term. The bank has not posted the maximum amount it can finance but the least borrowing amount allowed by the bank is Php 1 million.
The Rizal Commercial Banking Corporation requires only a 20% downpayment under the loans. With regards to the loan term, the borrowed amount is payable for up to 20 years. The interest rate is at least 7%.
The RCBC home loans are open for both the salaried and non-salaried individuals. There are varying requirements in applying for the RCBC home loan offer as well as qualifications among the employed and self-employed individuals.