Guide on RCBC Cash Loan Loanable Amounts
RCBC CASH LOAN – Here is a guide on how much you may borrow under Rizal Commercial Banking Corp.’s Personal Loan offer.
Are you interested to apply for a cash loan offer? In the Philippines, one of the banks that you may turn to for the said loan offer is Rizal Commercial Banking Corporation. It actually has several loan offers that both the employed and self-employed individuals may apply for.
Aside from the RCBC Home Loan offer of the bank, the Rizal Commercial Banking Corporation has the Personal Loan offer or the RCBC cash loan that is multi-purpose. The bank boasts its loan offer with easy application process and excellent features.
Under the RCBC cash loan offer, you may borrow at least Php 50,000 and as much as Php 1 million. You may repay the loan under flexible payment terms from six (6) months up to 36 months.
As mentioned, the loan offer is open for both employed and self-employed individuals. However, it is important to note that the bank has set different eligibility criteria for application to the loan offer. If you are employed, here are the eligibility requirements that you must meet to qualify for the loan offer:
- Filipino Citizen or Dual Citizen
- 21 years old and above upon loan application
- 65 years old and below upon loan maturity
- must have a mobile number, residence landline, or office landline
- must be locally employed at a company registered with Securities and Exchange Commission (SEC)
- with a minimum employment tenure of 2 years and minimum gross monthly income of Php30,000
If you are self-employed, here are the eligibility requirements that you must meet for qualification to the RCBC cash loan offer:
- Filipino Citizen
- 21 years old and above upon loan application
- 65 years old and below upon loan maturity
- must have a mobile number, residence landline or office landline
- with business operating in the Philippines for at least 3 years and profitable for the past 2 years, and minimum gross monthly income of Php100,000