RCBC Personal Loan Packed with Excellent Features
RCBC PERSONAL LOAN – You can check here the important information about the loan offer of Rizal Commercial Banking Corporation.
Are you looking for a loan that can help you fast-track your goals? In the Philippines, one of the entities that you may turn to is Rizal Commercial Banking Corporation or more popularly called RCBC.
RCBC is operating in the country for several decades now since the 1960s. Through the years, it has continuously grow its offers which now include multiple loans. One of the loan offers of the bank is the RCBC Personal Loan.
The RCBC Personal Loan is a multi-purpose cash loan offer that can help you in many purposes including the following:
- personal purchases
- travel
- education
- medical emergencies
- minor home improvements
- minor business expansion
How much is loanable under the RCBC loan offer? Here are the minimum and maximum amounts allowed by the bank for borrowing:
- Minimum Loanable Amount — Php 50,000
- Maximum Loanable Amount — Php 1 million
The bank boasts its offer with flexible payment terms. You may choose to repay the loan from six (6) months up to 36 months with an option for low monthly amortizations. Here are the qualifications in applying for the RCBC Personal Loan offer:
Employed Applicants:
- Filipino Citizen or Dual Citizen
- at least 21 years old upon loan application
- at most 65 years old upon loan maturity
- must have a mobile number, residence landline, or office landline
- must be locally employed at a company registered with Securities and Exchange Commission (SEC)
- with a minimum employment tenure of 2 years and minimum gross monthly income of Php 30,000
Self-Employed Applicants:
- Filipino Citizen
- at least 21 years old upon loan application
- at most 65 years old upon loan maturity
- must have a mobile number, residence landline or office landline
- with business operating in the Philippines for at least 3 years and profitable for the past 2 years, and minimum gross monthly income of Php 100,000
With regards to the documentary requirements in applying for the RCBC Personal Loan offer, the list of documents vary among the employed and self-employed applicants:
Employed Applicants
- completed and signed RCBC Personal Loan Application Form
- Certificate of Employment (COE) or latest ITR
- 2 valid government-issued IDs
- TIN (Taxpayer Identification Number)
- Utility Bill
Self-Employed Applicants
- completed and signed RCBC Personal Loan Application Form
- Business Papers (DTI or SEC, Mayor’s Permit)
- Latest ITR or Audited Financial Statements or latest 3-month bank statement
