Guide on Sterling Bank Cash Loan Requirements 2025 for Application
STERLING BANK CASH LOAN REQUIREMENTS 2025 – For employed individuals who want to apply for the Personal Loan, here is a guide on the documents that you need to submit for application.
Nowadays, there are entities that you can turn to in times of financial needs apart from borrowing money from people you know. Undeniably, there are many people who prefer getting a loan at a bank than borrowing money from another person because of the fixed transaction it offers.
In the Philippines, there are quite several banks that you can turn to for loans. One of the reputable and trusted bank in the country is the Sterling Bank of Asia that is operating in the country for more than a decade now. It has several offers.
The Sterling Bank of Asia offers including deposit banking products, loans, cards, and trust services for both personal and business categories. It has investment offers and the bank also offers electronic banking services to make things so much easier for its clients.
The bank has several loan offers. Aside from the Sterling Bank Big Bike Loan offer, the bank also has the Personal, a personal loan. It is a multi-purpose financial offer that you may turn to for the financing of a personal purchase, travel, hosting an event, getting the car repaired, etc.
The Persona is also called a Sterling Bank cash loan. It is open for both salaried and non-salaried individuals. If you are an employed applicant, here are the Sterling Bank cash loan requirements for eligibility that you must meet to qualify for the loan offer:
- Filipino Citizen
- at least 21 years old at the time of the loan application
- 65 years old and below upon the loan maturity
- with a minimum gross salary of Php 30,000 per month
- with home or office landline
- without adverse credit findings
- at least 1-year residency, if renting
- at least one (1) year tenure with the current company and on a regular/permanent employment status
The Sterling Bank cash loan requirements also include some documents which you need to prepare and submit to the bank to apply for the loan offer. The bank has set varying requirements among the employed and self-employed applicants.
Here are the Sterling Bank cash loan requirements for the self-employed applicants:
- duly-accomplished and signed Sterling Bank Personal Loan Application Form
- copy of company ID
- copy of valid government-issued ID
- Passport
- Driver’s license
- Professional Regulation Commission (PRC) ID
- National Bureau of Investigation (NBI) Clearance
- Police Clearance
- Postal ID
- Voter’s ID
- Taxpayer Identification Number (TIN) ID
- Barangay Certification
- Government Service Insurance System (GSIS) e-Card/Unified Multi-Purpose ID (UMID)
- Social Security System (SSS) ID
- Senior Citizen ID Card
- Overseas Workers Welfare Administration (OWWA) ID
- OFW ID
- Seaman’s Book
- Alien Certification of Registration/Immigrant Certificate of Registration/Special Investor’s
Resident Visa (SIRV)/Special Resident Retiree’s Visa (SRRV) - Government Office and GOCC ID (e.g. Armed forces of the Philippines (AFP), Home
Development Mutual Fund (HDMF ID)) - ID issued by National Council on Disability Affairs (NCDA)
- Department of Social Welfare and Development (DSWD) Certification
- Integrated Bar of the Philippines (IBP) ID
- Company IDs
- School ID signed by the principal or head of the institution (For Filipino Students only)
- PhilHealth Health Insurance Card ng Bayan
- Birth Certificate issued by the Philippine Statistics Authority (PSA)
- Philippine Identification (PhilSys ID/Philippine ID (PhilID)/National ID)
- Philippine Identification System (PhilSys) Digital ID and Printed e-Philippine Identification (ePhilID)
- proof of billing
- latest one (1) month credit card billing
- income documents:
- Certificate of Employment with compensation and benefits
- Latest one (1) month payslip
- Latest Income Tax Return (BIR Form 2316)
To apply for the loan offer, submit the above-mentioned documents to a branch of the bank. There are several loans that Sterling Bank of Asia offers for qualified applicants.