CIMB Cash Loan: How To Apply Online & the Requirements to Submit

Guide on CIMB Cash Loan Online Application & the Requirements

CIMB CASH LOAN – Here is a guide on how to apply and the requirements in applying for the online loan offer of the bank.

The CIMB Bank is one of the entities that you may turn to if you are looking for an online cash loan offer. Below, you can check all the important details about this offer.

CIMB Cash Loan
Photo Credit: Bernama

Check if you are qualified to apply for the CIMB Bank loan offer. To be eligible to apply for the loan offer, the borrower must bear the following qualities:

  • Age: The applicant must be at least 21 years old at the time of loan application, with a maximum age limit of 65 years upon loan maturity.
  • Citizenship and Residence: The applicant must be a Filipino citizen and a non-US resident.
  • Address and Contact: The applicant must have a Philippine mailing address and an active Philippine mobile number.
  • Income: The applicant should have a minimum gross monthly income of P15,000.00.
  • Employment: If employed, the borrower must have a minimum tenure of 6 months or 1 year of continuous employment, unless employed in the top 15,000 corporations. For self-employed individuals, the borrower must have been operating a business for at least one year.

Do you want to check the loanable amounts under the offer? Feel free to visit — CIMB Personal Cash Loan: Here’s How Much You May Borrow under it.

Follow these online steps to apply for the CIMB Cash Loan:

Step 1 — Download the all-new CIMB Bank PH app and select “Open an account” and then “Personal Loan”.

Step 2 — Prepare your valid ID and click “Let’s Start!” to proceed.

Step 3 — Select your desired loan amount.

Step 4 — Provide your Philippine mobile number and email address and verify your mobile number via SMS OTP.

Step 5 — Create your username, password, and your MPIN to verify in-app transactions.

Step 6 — Get verified by going through the selfie check steps. Please prepare one of the valid IDs.

Step 7 — After passing the selfie check, make sure your personal information is correct and complete.

Step 8 — Provide your Philippine present address and make sure it’s complete and verifiable.

Step 9 — Provide the additional personal details required.

Step 10 — Provide your employment information.

Step 11 — Lastly, key in your office address and make sure it’s complete and verifiable.

Step 12 — Review your loan application and check if all the details are correct, then tap ‘Submit’.

Step 13 — Upload at least one (1) of the acceptable income document types.

Step 14 — Provide a front and back photo of your company ID (optional). Doing so might speed up the review of your loan application.

Step 15 — Select your preferred disbursement account.

Step 16 — After submitting all the required documents, your application will now be viewed by the bank team.

Step 17 — If your CIMB loan is approved, please make sure to accept the loan offer before it expires.

Step 18 — After accepting your loan offer, your loan will be disbursed to your chosen disbursement account.

You may also visit — SSS Cash Loan Interest Rate Implemented per Annum – Here’s a Guide

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