Guide on How Much Is the Monthly Due for 100K Loan Under UCPB Cash Salary Loan
UCPB CASH SALARY LOAN – Here is a guide on how much is the monthly due for a Php 100,000.00 loan under this offer.
Nowadays, there are already a lot of options that you can turn to if you ran out of cash. You may go to government agencies, lending companies, financing firms, and banks for some financial assistance.
The financial assistance is provided through the loans offers. These entities have different types of loans that serve specific purposes except for the cash or salary loans.
One of the banks that offer a salary loan is the Rizal Commercial Banking Corporation. It is one of the biggest banks in the Philippines.
Under the UCPB Cash Salary Loan, you may borrow from Php 100,000.00 to Php 300,000.00. To be eligible for the said offer, the applicant must be:
- a Filipino citizen
- a permanent resident in the Philippines
- at least 23 years old
- For employed applicants…
- not more than 65 years old upon the loan maturity
- a permanent employee for at least two (2) years with a supervisory rank
- earning at least Php 30,000.00
- For self-employed applicants…
- not more than 70 years old upon the loan maturity
- running a business that is operational for at least three (3) years already and profitable for at least two (2) years now
Do you want to borrow Php 100,000.00 under the UCPB Cash Salary Loan? You may get an idea of the possible monthly due even before the loan application.
The monthly due will be affected not only by the loan amount but as well as the loan term. Here are the possible monthly amortizations for a 100K loan to RCBC:
- 12-Month Term – Php 9,924.00
- 18-Month Term – Php 7,146.00
- 24-Month Term – Php 5,857.00
- 36-Month Term – Php 4,468.00
Are you interested to apply for the said offer? You may visit – UCPB PERSONAL LOAN: How To Apply For UCPB Personal Loan & Requirements Needed.