Lists of Sterling Bank Personal Loan Requirements for Application
STERLING BANK PERSONAL LOAN REQUIREMENTS – You can check here the list of documents required by the Sterling Bank of Asia.
Nowadays, the people have a lot of options in times of financial needs. There are trusted banks in the Philippines that offer multi-purpose cash loans that people can turn to in meeting several purposes under a single loan.
One of the reputable entities that operate in the country and offer a cash loan is the Sterling Bank of Asia. A savings bank. it is own by the Star Equities, the JTKC Group of Companies, and Surewell Equities. It has several offers which include deposit accounts, debit cards, prepaid cards, loans, and investment products and services.
One of the loans that the Sterling Bank of Asia offers is the Personal Loan, a multi-purpose cash loan offer that you can turn to in meeting the financial demands of medical emergencies or funding a travel, event, personal purchase, etc.
The cash loan offer is open for both employed and self-employed individuals. There are varying Sterling Bank Personal Loan requirements for application.
For employed individuals, here are the qualifications and the documents set by the bank under the loan offer:
Qualifications
- a Filipino citizen
- 21 to 60 years old
- with a home or office landline
- a minimum gross income of at least Php 30,000 monthly
- an employment tenure of at least 2 years with his/her present employer
Documentary Requirements
- duly-accomplished Sterling Bank of Asia Personal Loan Application Form
- copy of latest 1 month payslip
- latest Income Tax Return (BIR FORM 2316)
- photocopy of valid Company ID
- photocopy of valid Government-issued ID
- latest 2 months credit card statement of account (if applicable)
- Certificate of Employment
For the self-employed individuals, here are the qualifications and the Sterling Bank Personal Loan requirements for application:
Qualifications
- a Filipino citizen
- 21 to 60 years old
- with a home or office landline
- a minimum gross income of at least Php 30,000 monthly
- business in operation for at least 3 years already and profitable for the last 2 years
Documentary Requirements
- duly-accomplished Sterling Bank of Asia Personal Loan Application Form
- Valid DTI or SEC Registration with General Information Sheet
- copy of latest Bank Statements
- copy of latest Income Tax Return (ITR) and Audited Financial Statement (AFS)
- latest two (2) months credit card statements (if any)
- Trade references (3 customers & 3 suppliers with contact details)
The bank has a wide acceptance when it comes to the proof of identity that the loan applicant must submit being part of the Sterling Bank Personal Loan requirements for the employed loan applicants. Here is the list of IDs accepted by the bank:
- Passport
- Driver’s license
- Professional Regulation Commission (PRC) ID
- National Bureau of Investigation (NBI) Clearance
- Police Clearance
- Postal ID
- Voter’s ID
- Taxpayer Identification Number (TIN) ID
- Barangay Certification
- Government Service Insurance System (GSIS) e-Card/Unified Multi-Purpose ID (UMID)
- Social Security System (SSS) ID
- Senior Citizen ID Card
- Overseas Workers Welfare Administration (OWWA) ID
- OFW ID
- Seaman’s Book
- Philippine Identification (PhilSys ID/Philippine ID (PhilID)/National ID)
- Philippine Identification System (PhilSys) Digital ID and Printed e-Philippine Identification (ePhilID
- Alien Certification of Registration/Immigrant Certificate of Registration/Special Investor’s
Resident Visa (SIRV)/Special Resident Retiree’s Visa (SRRV) - Government Office and GOCC ID (e.g. Armed forces of the Philippines (AFP), Home
Development Mutual Fund (HDMF ID)) - ID issued by National Council on Disability Affairs (NCDA)
- Department of Social Welfare and Development (DSWD) Certification
- Integrated Bar of the Philippines (IBP) ID
- Company IDs
- School ID signed by the principal or head of the institution (For Filipino Students only)
- PhilHealth Health Insurance Card ng Bayan
- Birth Certificate issued by the Philippine Statistics Authority (PSA)
