Guide on How To Apply for Metrobank Cash Loan Online Process
HOW TO APPLY FOR METROBANK CASH LOAN ONLINE – You can check here the steps in applying for the Personal Loan offer of Metrobank.
Are you looking for a lender that can provide you with a loan that you may apply for online? If you want a trusted and reputable bank, you may turn to Metrobank, one of tha giants in the Philippine banking industry.
Metrobank has several offers encompassing personal and business categories. It got bank accounts, investment products, insurance policies, debit and credit cards, and loans. Under the personal category, one of its loan offers is the Personal Loan.
The Personal Loan or also more popularly called the Metrobank Cash Loan is a multi-purpose loan offer that is open for online applications. Under it, you may borrrow as much as Php 2 million.
In applying for the loan offer, you need to prepare any of the government-issued valid ID as a proof of identity as well as a proof of income. You may choose from any of the following:
- Passport
- Driver’s License
- National ID
- Social Security System ID / UMID
- TIN ID
- Philippine Identification Card (PhilID)
- Postal ID
- Voter’s ID
- PRC ID
With regards to the proof of income, it depends if you are employed, self-employed, an existing credit cardholder of another bank, or a foreigner. Here is a guide on the documents that the bank accepts as a proof of income:
For Locally-Employed Individuals (any of the following):
- copy of the the latest Income Tax Return (ITR) duly stamped as received by the BIR or its authorized agent bank (BSP Circular No. 472 as amended) and/or the employee’s copy of BIR Form 2316 duly signed by the employer
- copy of last 3 months’ payslip from date of application
- original Copy of Certificate of Employment (COE) (Only for Top 1,000 Corporations – must contain name, position, date of employment and Gross Annual Income
For Self-Employed Individuals (any of the following):
- copy of the latest Audited Financial Statement (AFS) with bank or BIR Stamp
- copy of latest Income Tax Return (ITR) duly stamped as received by the BIR or its authorized agent
For existing credit cardholder with other bank:
- latest Billing Statement of Credit Card/s with at least 9(nine) months as principal cardholder
For foreigners, any of the following:
- proof of income or employment
- copy of Alien Certificate of Registration(ACR)/ Immigration’s Certificate of Residence (ICR) or VISA
To apply for the loan offer, simply follow these steps:
- Step 1 — Fill out the online personal loan application form and submit.
- Step 2 — If the submission is successful, you will receive an email confirming your submission.
- Step 3 — Wait for an update from the bank regarding the status of your loan application.
