Guide on Metrobank Cash Loan Features & Application
METROBANK CASH LOAN – Here are some details about the multi-purpose Personal Loan offer of Metrobank Philippines.
Are you looking for an entity that you can turn to for a cash loan? Banks are among those that have the said loan offers. These are multi-purpose offers that you can use in many things including the following:
- purchase or acquisition of an item or service
- car repair
- minor business expansion
- education
- travel
- event or projects
In the Philippines, one of the entities that you can turn to for a multi-purpose loan is the Metrobank. It is one of the biggest banks in the country and it offers several kinds of financial products and services icnluding the following:
- savings and checking accounts
- debit cards
- personal and business loans
- investment products
- foreign exchange services
One of the loan offers of the bank is the Personal Loan or also called the Metrobank cash loan. You can use it for personal purchases, tuition fees, weddings, home repairs, debt consolidation, medical emergencies, etc.
Who are qualified to apply for the loan offer? It is open for both employed and self-employed individuals. In the case of the salaried individuals, here are the qualifications that must be met to qualify for the loan offer:
- Filipino citizen
- at least 21 years old at the time of loan application
- not more than 65 years old upon loan maturity
- has a gross annual income of at least PHP 350,000
- has an existing credit card
- the loan applicant must be of regular status with current employer for at least 1 year
In the case of the self-employed or non-salaried individuals, here are the eligibility requirements that must be met by the loan applicants to qualify for the offer:
- Filipino citizen
- at least 21 years old at the time of loan application
- not more than 65 years old upon loan maturity
- has a gross annual income of at least PHP 350,000
- has an existing credit card
- at least 2 years in the current business
