Guide on How To Apply for Sterling Bank Personal Loan & the Requirements
STERLING BANK PERSONAL LOAN – Here is a guide on how to apply for the personal loan offer of the Sterling Bank of Asia and the requirements that you need to prepare.
The Sterling Bank of Asia got a lot of offers to the Filipino populace. This international banking firm offers deposit accounts, business services, investment products, and as well as consumer loans.
With regards to its consumer loans, under the personal category, you may apply for the personal loan, the auto loan, the home loan, or the salary loans. If the company you are working for is not accredited to the bank but you want a multi-purpose loan, the personal loan offer is what you may apply for.
The Sterling Bank Personal Loan can assist you financially from making ends meet to making big purchases, funding a travel, paying for the utility bills, etc. How to apply for it? The process is simple and there is only a short list of requirements.
In this article, we will present to you a simple process on how to apply for the Security Bank Personal Loan. The process includes the eligibility qualifications and the requirements that you need to prepare.
Step 1
Check for the eligibility qualifications set under the loan offer. The applicant must be:
- at least 21 years old but not more than 60 years old
- earning at least Php 30,000.00 per month
- having a home or office landline
- having no adverse credit findings
Step 2
Gather the requirements needed in applying for the loan offer. The documents that you need to prepare may vary depending on your employment status.
Employed applicants must prepare…
- Copy of 1 month latest payslip
- Latest BIR Form 2316 with complete signature
- Photocopy of Company ID
- Photocopy of 1 Government ID
- Latest 2 months credit card statements (if any)
- Certificate of Employment (for selected companies)
Self-employed applicants must prepare…
- Business Permit
- DTI or SEC Registration w/ Gen. Information Sheet
- 6 months Bank Statements
- 2 years ITR with Audited Financial Statement
- Trade references (3 customers & 3 suppliers with contact details)
Step 3
Submit the requirements to a branch of Sterling Bank of Asia. Ask for a copy of the loan application form or you may also download it online through the official website of the bank – http://www.sterlingbankasia.com/Content.aspx?id=82.
Step 4
Have your loan application form and requirements checked and evaluated by the bank. Wait for the notice from the bank.
Do you want to know how much you can borrow under the said loan offer? You may visit this page for the loanable amounts – STERLING BANK PERSONAL LOAN – How Much You Can Borrow Under This Offer.
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.
