Guide on RCBC Corporate Salary Loan Eligibility Requirements / Qualifications
RCBC CORPORATE SALARY LOAN – Here is a guide on who are qualified to apply for this loan offer of Rizal Commercial Banking Corporation (RCBC).
A lot of companies secured accreditation in banks and lending offices so they can provide more assistance and options to their employees. Bank accreditation may qualify the employees working in a company to avail of the exclusive offers – loans, cash management services, credit cards, etc.
Not all banks have both personal banking and business offers. Furthermore, not all banks also have corporate offers that meet the common needs of employees like instant access to cash funds which can be truly helpful in times of financial emergencies.
One of the banks in the Philippines that you can turn to for both personal banking and business offers is Rizal Commercial Banking Corporation. It is more commonly called RCBC.
Under the business offers of Rizal Commercial Banking Corporation is the Corporate Salary Loan. It has excellent features such as the following:
- affordable interest rate
- flexible payment terms (6, 12, 18, 24, 30, 36, 48 and 60 months)
- hassle-free repayment via salary deductions
This loan offer is non-collateral meaning the applicant, an employee of an accredited company, does not need to present a property to qualify for the loan offer. Meanwhile, there are a few eligibility requirements in applying for RCBC Corporate Salary Loan.
Who are qualified to apply for RCBC Corporate Salary Loan? To be eligible to apply for the said loan offer, the applicant must be:
- a regular employee with at least two (2) years tenure
- a Filipino or a permanent resident alien
- at least 21 years old upon the loan application and not more than 65 years old upon the loan maturity
- earning at least Php 10,000.00 gross monthly income
According to RCBC, the monthly amortization should not be over 30% of the gross monthly income of the borrower. There are documents that you must prepare in applying for the said loan offer. To check on the list of documents that you need to prepare, you may visit – Requirements for RCBC Corporate Salary Loan Offer – What You Must Prepare.
You may also visit – RCBC Auto Loan – How Much You Must Pay For Monthly Under It
How to apply im interested to aply for cash loan? Thank you!