Guide on the Requirements for SB Finance Personal Loan Offer Application
REQUIREMENTS FOR SB FINANCE PERSONAL LOAN – Here are the documents needed in applying for the cash loan offer of SB Finance.
Nowadays, you can apply for a loan even without filing an absence from work for the loan application process. Truth be told that leaving work for a day to apply for a loan may only expand the need for a financial solution. There are entities that you can turn to — just like the SB Finance.
SB Finance is one of the online lenders with multiple loan offers. The entity which is a partnership of the Security Bank and teh Krungsri has a cash loan offer apart from the SB Finance Motorcycle Loan 2023. It is the SB Finance Personal Loan which is multi-purpose.
The cash loan offer is non-collateral. It means you do not need to use a property as the collateral or the take-away of the lender if you failed to finish paying for the loan. It also does not required the application to be a credit cardholer to be eligible for the offer.
To apply for the loan offer, the borrower must pass both the eligibility criteria and the documentary requirements. Who are qualified to apply for the loan offer? Here are the eligibility requirements for SB Finance Personal Loan application:
- at least 21 years old at the time of application but not more than 65 years old upon loan maturity
- a Filipino Citizen
- has an office or residence landline
- If employed…
- earning at least PhP15,000 monthly if working within Metro Manila
- earning at least PhP12,000 monthly if working outside Metro Manila
- If self-employed…
- owner or a majority owner with at least 40% stake
- business has been operating profitably for at least 2 years
- t least 1 trade reference
- Minimum gross monthly income of PhP60,000
With regards to the documentary requirements for SB Finance Personal Loan application, here are the documents that you must prepare before proceeding to apply for the SB Finance loan online through the Zuki app:
- For employed applicants:
- Latest one (1) month payslip
- Latest ITR (Income Tax Return)
- Certificate of Employment and Compensation –
- issued within the last six (6) months
- For self-employed applicants:
- Business permit/Mayor’s permit
- Latest one (1) year Audited Financial Statement (AFS) with at least the previous year’s comparative financials
- Latest three (3) months bank statements
- SEC/DTI Certificate of Registration
- List of three (3) trade references [at least one (1) supplier and one (1) customer] with contact details
- Latest GIS (if corporation)
Thank you for visiting Philnews.ph. You may also follow us on Facebook, on Twitter, and subscribe to our YouTube channel Philnews Ph.