Guide on Security Bank Personal Loan Monthly Payment for
Php 50,000.00 Loan
SECURITY BANK PERSONAL LOAN – Here is a guide on how much will be your monthly payment if you’ll borrow Php 50,000.00 under this loan offer.
A lot of people are in need of some financial assistance now due to various reasons. Some individuals need some extra cash to make ends meet, to pursue a longtime goal, to fund a project, etc.
Are you one of these people who are looking for some extra money now or sources on where to borrow an amount? You can turn to banks – one of them is the Security Bank Philippines.
The Security Bank has several loan offers for the public including the Security Bank Personal Loan. It is a multi-purpose cash loan offer.
Both employed and self-employed individuals may apply for the said loan offer. The applicant must be a Filipino citizen and between 21 to 65 years old. The applicant must not be older than 65 years old upon the loan maturity.
With regard to the income requirements, it varies depending on the source of income of the applicant. You may refer below:
- For employed applicants…
- Metro Manila Employees – Php 15,000.00
- Outside Metro Manila Employees – Php 12,000.00
- For self-employed applicants…
- Applicant must own 40% of the business shares and the business must be operating for at least two (2) years already with one (1) trade reference.
- For Metro Manila Businesses – Php 30,000.00
- Outside Metro Manila Businesses – Php 25,000.00
- Applicant must own 40% of the business shares and the business must be operating for at least two (2) years already with one (1) trade reference.
Do you want to know the loanable amounts under this Security Bank offer? You may visit – SECURITY BANK PERSONAL LOAN: Minimum & Maximum Loanable Amounts.
If you want to borrow Php 50,000.00 under the Security Bank Personal Loan offer, the monthly payment will be at Php 5,110 for twelve (12) months. It is under the 29.48% Annual Percentage Rate interest.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: SECURITY BANK LOANS – Full List of Loan Offers by Security Bank