Guide on PSBank Personal Loan Requirements for Application Process
PSBANK PERSONAL LOAN REQUIREMENTS – Here are the documents required in applying for the multi-purpose cash loan offer of PSBank.
In the Philippines, banks are among the entities that countless individuals usually turn to in the pursuit to get a financial solution. Undeniably, a lot of people prefer turning to banks that have already a name in the field. One of these is the PSBank.
The PSBank is under the Metrobank, one of the biggest banks in the country. Its offers encompass deposit accounts, loans, investment products, and many other financial services. One of its loan offers is the Personal Loan which is a multi-purpose cash loan offer.
The PSBank Personal Loan is open for both salaried and non-salaried individuals. Under it, the bank offers either a Revolving Credit Line or a Fixed Term Loan. The Revolving Credit Line is a type of credit with no fixed number of payments while the Fixed Term Loan has a fixed number of payments.
The Personal Loan offer is collateral free. The bank has set different sets of PSBank Personal Loan requirements among the salaried and non-salaried individuals. It also has a unique set of documents required for individuals who are credit cardholders.
Here are the PSBank Personal Loan requirements for the locally-employed individuals:
- duly-accomplished PSBank Flexi Personal Loan Application Form
- photocopy of valid ID
- photocopy of BIR form 2316
Here are the documents that self-employed individuals who wish to apply for the loan must submit:
- duly-accomplished PSBank Flexi Personal Loan Application Form
- photocopy of valid ID
- photocopy of BIR form 1701 for self-employed applicants with Audited Financial Statements with BIR stamp for the past 2 years
If you have a credit card which may increase your chances of loan application approval, there is a unique set of PSBank Personal Loan requirements which are as follows:
- duly-accomplished PSBank Flexi Personal Loan Application Form
- photocopy of valid ID
- original copy of the latest credit card billing statement (with the client as the PRINCIPAL cardholder)