Check here the Features of Maybank Personal Loan 2025 w/c May Be Exactly What You Need
MAYBANK PERSONAL LOAN 2025 – You can get the funds you need through the multi-purpose cash salary loan offer of Maybank Philippines.
In times of financial needs, there are now a lot of banking entities that people can turn to. Among these are banks that provide cash loans that come with different features. One of these reputable cash loan-provider in the country is Maybank Philippines.
Maybank has been in the service of countless Filipinos for several years already. It has different kinds of savings accounts, card offers, as well as loans. Aside from the Maybank Auto Loan offer, the bank also offers the Maybank Personal Loan.
The Maybank Personal Loan is a multi-purpose cash loan offer that is ready to assist in different situations. You may apply for it for any purpose including the following:
- travel
- personal purchases
- minor home improvements
- hosting an event
- minor business improvements
Among the most important factors that you should check before applying for a loan are the loanable amounts, the loan term, and the interest rate. With regards to the borrowing amounts allowed by the bank, the maximum amount is P1 million.
Under the Maybank Personal Loan offer, the bank offers a maximum repayment of 36 months. It implements an interest rate of 1.3%. The loan offer is open for both salaried and non-salaried individuals who qualify in the following criteria set:
For Locally-Employed Loan Applicants
- a Filipino citizen
- at least 23 years old but not older than 65 years old when your loan matures
- home and business address should be within any of the bank’s service regions
- with active contact numbers such as home landline, office or business landline, and mobile number
- with your current employer for 2 years work tenure and earning a minimum salary of Php 25,000
- employer should be one of the Top 7,000 companies in the Philippines
For Self-Employed Individuals
- a Filipino citizen
- at least 23 years old but not older than 65 years old when your loan matures
- home and business address should be within any of the bank’s service regions
- with active contact numbers such as home landline, office or business landline, and mobile number
- in the same profession or the same business for at least 3 years
- business should have been operational for the past 3 years with at least 2 continuous years of profitability
- an average monthly income of Php 200,000
- business should be duly registered with DTI (Department of Trade and Industry) or SEC (Securities and Exchange Commission)
With regards to the documents required in applying for the Maybank loan offer, here is a guide on the documentary requirements for the loan application:
Locally-Employed Individuals
- duly-accomplished and signed Maybank Personal Loan Application Form
- photocopy of 2 valid IDs with 3 specimen signatures
- photocopy of latest utility billing statement with residence address
- original Certificate of Employment with compensation and 1 month payslip
- photocopy of latest Income Tax Return (ITR) or BIR Form 2316
Self-Employed Individual
- duly-accomplished and signed Maybank Personal Loan Application Form
- photocopy of 2 valid IDs with 3 specimen signatures
- SEC/ DTI Certificate of Registration
- latest 6 months bank statements with average monthly deposit of Php 200,000
- 2 years Audited Financial Statements
- list of 3 major suppliers and 3 major customers