Lists of EastWest Personal Loan Requirements for Application
EASTWEST PERSONAL LOAN REQUIREMENTS – Listed here are the documents required in applying for the cash loan offer of the bank.
Are you interested to apply for the Personal Loan offer of the EastWest Bank? It can be the excellent financial solution that you are looking for. It comes with the best features such as the following:
- high loanable amounts of up to 7x your monthly salary
- competitive interest rates
- non-collateral and no co-maker required
- flexible loan terms
The EastWest Personal Loan is open for both salaried and non-salaried individuals. There are varying EastWest Personal Loan requirements for application among the employed and self-employed applicants.
For the qualifications in applying for the loan offer, to be eligible, the loan applicant must meet the following eligibility criteria:
- a Filipino citizen or Foreign National permanently residing in the Philippines
- at least 21 years old during application and not more than 65 years old upon loan maturity
- has at least one fixed landline number (either home or business) and a mobile number
- has a Gross (basic) monthly income (GMI) must be at least Php15,000 or basic annual income or must not be less than Php180,000
With regards to the documents that must be submitted in applying for the loan offer, there are documentary requirements set upon the loan application and upon the releasing of the loan. Here is a guide on the EastWest Personal Loan requirements that you must prepare and submit in applying for the loan offer:
Employed Applicants
- duly filled-out EastWest Online Personal Loan Application Form
- photocopy of at least one (1) valid digitized photo-bearing and signature-bearing I.D.’s issued in the Philippines
- Proof of Income:
- Photocopy of latest ITR/BIR Form 2316; or
- Photocopy of latest three months pay slips; or
- Certificate of Employment stating Salary, Position and Date Employed; or
- Valid Credit Card reference or its latest Credit Card Statement of Account
Self-Employed Applicants
- duly filled-out EastWest Online Personal Loan Application Form
- photocopy of at least one (1) valid digitized photo-bearing and signature-bearing I.D.’s issued in the Philippines
- Proof of Income:
- Photocopy of latest ITR/BIR Form 1701 and Audited Financial Statements
- DTI Registration Certificate (for Sole Proprietorship) or SEC Registration Certificate with page stating shares owned by the applicant (for Partnerships or Corporations)
- Business Permit
- Valid Credit Card reference or its latest Credit Card Statement of Account
- Other documents may be required for further verification such as a Mayor’s Permit.
With regards to the EastWest Personal Loan requirements for the releasing of the loan, here are the documents that you need to prepare and submit to the bank:
- original Copy of documents submitted (to be presented only)
- two (2) Valid ID’s
- original signed application form
- Post Dated Checks — Fully accomplished and signed
Aside from the EastWest Bank, another reputable entity that you may turn to for a cash loan offer is the Sterling Bank of Asia. It also has a Personal Loan offer.
