Guide on SB Finance Cash Loan — How Much You May Borrow
SB FINANCE CASH LOAN – You can check the minimum and maximum loanable amounts under the online loan offer below.
In the Philippines, it is now possible to obtain financial solutions through loans even without going for personal application at an office of the lender. There are several trusted online lenders that you can turn to just like the SB Finance.
The SB Finance is a partnership of the Security Bank and Krungsri. It actually has multiple loan offers that are open for online applications. Aside from the SB Finance Car Loan and the SB Finance Hooloogan Loan, the online lender also offers the SB Finance cash loan or multi-purpose Personal Loan.
The SB Finance cash loan offer is non-collateral. Also, you may apply for it even if you do not have a credit card. The approved amount depends on the lender’s assessment of the borrower. Meanwhile, here are the minimum and maximum loanable amounts for an idea on the range of how much you may borrow:
- Minimum Loanable Amount — Php 30,000
- Maximum Loanable Amount — Php 2 million
The amount borrowed is payable in 12, 18, 24, or 36 months. To qualify for the loan offer, the borrower must meet the eligibility requirements set which differs among locally employed and self-employed loan applicants. If you are locally employed, you must meet the following eligibility criteria to qualify for the loan offer:
- must be a Filipino Citizen
- at least 21 years old at the time of application but not more than 65 years old upon loan maturity
- must have an office or residence landline
- source of income:
- For Metro Manila: PhP15,000
- For outside Metro Manila: PhP12,000
If you are self-employed, here are the eligibility requirements for qualification to the SB Finance cash loan offer:
- must be a Filipino Citizen
- at least 21 years old at the time of application but not more than 65 years old upon loan maturity
- must have an office or residence landline
- owner or a majority owner with at least 40% stake
- business has been operating profitably for at least 2 years with
- at least 1 trade reference
- minimum gross monthly income of PhP60,000
To apply for the loan offer, prepare the scanned copies of the documentary requirements for SB Finance Personal Loan application. Download the Zuki app and start your application for the SB Finance loan offer.