PNB Personal Cash Loan — Features of the Offer & How To Apply

Guide on the PNB Personal Cash Loan Offer Application Process

PNB PERSONAL CASH LOAN – Here are the features of the loan offer and a guide on how to apply for it including the requirements.

Are you looking for a bank where you may apply for a multi-purpose cash loan offer? One of the banks that you may turn to in the country is the Philippine National Bank or more popularly called PNB.

PNB Personal Cash Loan
Photo Credit: Biliran Island

The PNB Personal Cash Loan is a collateral-free loan that can provide up to Php 2 million. You may borrow at least Php 10,000 up to Php 2 million for any of the following:

  • House renovation
  • Medical expenses
  • Vacation trips
  • Education/Tuition Fee
  • Purchase of appliances, furniture, and other household needs
  • Other personal needs
Photo Credit: ACES Awards

The borrowed amount is payable from three (3) months up to 60 months. The bank boasts low monthly-add interest rate from 1%-2%. Here are the steps in applying for the loan offer:

The Philippine National Bank has set a few qualifications in applying for its multi-purpose cash loan offer. To be eligible for the loan application, the borrower must meet the following qualifications set by the bank:

  • Filipino citizens
  • At least 21 years of age,but not more than 65 years of age upon loan maturity
  • Employed or self-employed individual with a minimum annual gross income: Php 120,000

Gather the documentary requirements for the PNB Personal Cash Loan application process. Make sure to have all the documents required and be able to present their original copies.

Visit a branch of the Philippine National Bank (PNB) nearest to you and submit your documents. Wait for the result of your loan application. The bank will send you an updated about it.

The approved amount will be credited to the nominated PNB account of the borrower. The loan payment can be done through an ADA or Automatic Debit Arrangement to avoid missing late payments.

Leave a Comment