Guide on How Much You Can Borrow Under the Sterling Bank Salary Loan
STERLING BANK SALARY LOAN – Here is a guide on how much you can borrow under the salary loan offer of Sterling Bank of Asia.
Nowadays, a lot of companies are accredited to certain banks to provide their employees cash assistance in times of emergencies and in reaching personal goals. One of the banks that have accreditation offer is the Sterling Bank of Asia.
The said huge banking company got a salary loan offer that is open for the full-time workers of accredited companies. You may apply for it to:
- renovate your house
- make ends meet
- make a big purchase
- fund a travel
- pay for the utility bills
- fund a celebration
According to the Sterling Bank of Asia, aside from the company accreditation, there are two(2) other eligibility requirements set under the said offer. The applicant must be:
- at least 21 but not more than 60 years old
- working in the company for at least one(1) year already
- earning at least Php 9,000.00 monthly
- having no adverse credit findings
Do you want to know how much you can borrow under the Sterling Bank Salary Loan? Here are the minimum and maximum loanable amounts under the said loan offers:
- Minimum Loanable Amount – Php 10,000.00
- Maximum Loanable Amount – Php 500,000.00
To apply for the said loan offer of Sterling Bank of Asia, you can begin by gathering the requirements needed in applying. Here is a list of the documents that you must prepare:
- Completely filled out application form
- Promissory Note/Disclosure Statement
- Copy of 1 month payslip
- BIR Form 2316
- Photocopy of Company ID
- Photocopy of 1 Government ID
Submit the aforementioned requirements to the bank. Wait for the update from the bank regarding the status of your loan application.
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.
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