Guide on Sterling Bank Cash Loan Requirements 2025 for Application
STERLING BANK CASH LOAN REQUIREMENTS 2025 – For self-employed individuals who want to apply for the Personal Loan, here is a guide on the documents that you need to submit for application.
Are you looking for an entity that can provide you with the case that you need? If you want a reputable one and one that is trusted by many people already, it is an excellent move to turn to the Sterling Bank of Asia.
The Sterling Bank of Asia is a savings bank that is operating in the Philippines in 2007. It has both personal and business offers. It also got investment products and the offers of the bank is made more accessible by its e-banking services.
Aside from the Sterling Bank Truck Loan offer, the bank also has a Personal Loan, a multi-purpose loan offer that is also called a Sterling Bank cash loan. It was designed to help meet the short-term needs of qualified individuals.
The Sterling Bank cash loan offer is open not only for the salaried individuals but as well as self-employed applicants. If you are self-employed, here are the eligibility criteria 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
- business in operation for at least 3 years & profitable for the last 2 years
The Sterling Bank Cash Loan requirements for application also depends if you are salaried or non-salaried. In the case of the self-employed individuals who want to apply for the loan offer, here are the documents that must be prepared and submitted to the bank:
- duly-accomplished and signed Sterling Bank Personal Loan Application Form
- copy of company ID
- copy of two (2) valid government-issued IDs
- 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:
- Latest two (2) years ITR with Audited Financial Statements
- Latest six (6) months Bank Statements
- DTI/SEC Registration
- Latest GIS (if applicable)
- Valid Business Permit
- Trade References (Top 3 Clients and Suppliers with Contact Details)
To apply for the loan offer, submit the documents mentioned above to a branch of the Sterling Bank of Asia nearest to you. You might also be interested to check on the Sterling Bank Big Bike Loan.