Guide on Sterling Bank Cash Loan Offer Features & Application
STERLING BANK CASH LOAN – Detailed in this article are the excellent features of the Sterling Bank of Asia offer and how to apply for it.
You do not have to put your life goals on hold. There are entities that are willing to help you out in achieving them in affordable ways. Are you in need of money to get purchase the latest gadget? To expand your business? To enroll in another course? You may turn to the Sterling Bank of Asia.
The Sterling Bank of Asia is one of the popular and trusted banking entities in the country. It has several personal and business offers which include deposit accounts of different kinds, loans, debit and prepaid cards, and business solutions.
If you want to address multiple financing needs, the best option that you can take is the Persona, a multi-purpose personal loan offer. This Sterling Bank cash loan can provide funds for emergency needs, business, travel, education, and a lot more.
The said cash loan offer is non-collateral thus you do not need to present any of your properties as the collateral in applying for the loan. The bank also does not require a co-maker for application. How much is loanable under the offer?
- Minimum Loanable Amount — Php 30, 000
- Maximum Loanable Amount — Php 1 million
The loan is payable from three (3) months up to 36 months. The borrower may repay the loan through Post-dated checks. Here is a guide in applying for the loan offer:
Step 1 — Check the Qualifications
The Sterling Bank loan offer is open for both employed and self-employed individuals. There are varying qualifications set among the applicants such as the following:
Employed
- Filipino Citizen
- 21 – 60 years old
- Minimum gross salary of Php30,000 per month
- With home or office landline
- No adverse credit findings
- At least 1 year residency, if renting
- Employment tenure of at least 2 years with present employer
Self-Employed
- Filipino Citizen
- 21 – 60 years old
- Minimum gross salary of Php30,000 per month
- With home or office landline
- No adverse credit findings
- At least 1 year residency, if renting
- Business in operation for at least 3 years & profitable for the last 2 years
Step 2 — Prepare the Requirements
There are documents that you have to prepare and submit to the Sterling Bank of Asia. Gather the requirements in applying for the Sterling Bank Personal Loan.
Step 3 — Submit your Application
Go to a branch of the Sterling Bank of Asia and submit your application. Wait for an update from the bank regarding the status of your loan application.
