Guide on RCBC Business Salary Loan – How Much You May Borrow
RCBC BUSINESS SALARY LOAN – Here are the minimum and the maximum loanable amounts under the Rizal Commercial Banking Corporation (RCBC) Corporate Salary Loan offer.
Banks have different offers. Most of the usual offers of banks are open to the public – savings and deposit accounts, loans, credit cards, investment products, cash management services, etc. Each of the offers usually has its own set of eligibility and documentary requirements.
In some banks, apart from their offers that are open to the public, they got exclusive offers. Usually, these exclusive offers are by banks wherein companies or businesses may apply for accreditation just like Rizal Commercial Banking Corporation.
More commonly called RCBC, the bank which is one of the most popular and trusted banks in the Philippines has both personal and corporate banking offers.
Under its corporate banking offers, one of the loans is the RCBC Business Salary Loan or Corporate Salary Loan. It is open to the employees of accredited companies. It aims to provide the employees of accredited companies with a fast turn-to in times they will need extra funds.
RCBC said that the said loan offer comes with affordable interest rates. The borrower may also opt to repay the loan in 6, 12, 18, 24, 30, 36, 48 or 60 months. The repayment can be done through salary deduction which offers the utmost convenience.
How much you may borrow under the RCBC Business Salary Loan offer? Here are the minimum and the maximum loanable amounts under this offer:
- Minimum Loanable Amount – Php 20,000.00
- Maximum Loanable Amount – Php 1 million
There are both eligibility and documentary requirements in applying for this RCBC loan offer. To check if you are qualified to apply for this loan offer, you may visit – RCBC Corporate Salary Loan: Who Are Qualified to Apply For This Offer.
For the documents that you need to submit to RCBC in applying for this loan offer, you may visit – Requirements for RCBC Corporate Salary Loan Offer – What You Must Prepare.