Security Bank Personal Loan: Requirements & FAQs About Application

Requirements and FAQs about the Security Bank Personal Loan.

SECURITY BANK PERSONAL LOAN – Here are some of the things you need to know about the Security Bank Personal Loan from requirements to FAQs.

The Security Bank Personal loan is multi-purpose loan with low interest and affordable payment terms. You can use this as a lifeline or for education, travel, emergencies, lot down payments, car repair, and car purchase.

They offer a loan amount from Php 30,000.00 to Php 2,000,000.00 payable for up to 36 months and usually gets approved in just a span of 5 to 7 banking days.

DOCUMENTARY REQUIREMENTS:

  • Completely Filled out and signed application form. For online application, go here. If you’re applying at a branch, click here to download the form.

-For Employed:

  • One (1) valid government-issued photo ID
  • Present any of the following Income Documents:
    • Certificate of Employment and Compensation
      – issued within the last six (6) months
    • Latest ITR
    • Latest one (1) month payslip

-For Self-Employed:

  • One (1) valid government-issued photo ID
  • Previous Year Audited Financial Statement
  • SEC Registration / DTI Certificate
  • Business Permit / Mayor’s Permit
  • Latest three (3) months bank statements
  • Latest GIS (if corporation)

Eligibility

  • At least 21 years old at the time of application but not more than 65 years old upon loan maturity
    • Must be a Filipino Citizen
    • Must have an office or residence landline.
  • If Employed
    • Minimum gross monthly income:
      • For Metro Manila: PHP15,000
      • For outside Metro Manila: PHP12,000
  • If Self-employed:
    • With at least two (2) continuous years of profitable operations in the same line of business
    • Minimum gross monthly income:
      • For Metro Manila: PHP30,000
      • For outside Metro Manila: PHP25,000

***Note: Additional documents may be required to process the loan.

READ ALSO:

What can you say about this?

For more news and updates, follow us on Twitter:@philnews_ph and Facebook:@PhilNews

Source: Security Bank

Leave a Comment