A Multipurpose Versatile Loan

A non-collaterized personal loan with affordable monthly installments is granted to applicants who are qualified for such opportunity. The Eastwest Personal Loan offers flexible terms to choose from starting 12 up to 36 monthly installments. Loanable amounts ranges from Php 25, 000 up to Php 2,000,000 with low interest rates.

Another important highlight for Eastwest Personal Loan is that loan applicants are allowed not to have a collateral and co-maker making it easier to manage their own cash flow. To process the loan it usually will take 5 to 7 banking days, 2 banking days for pick up at the head office and another 2-4 banking days for the delivery and deposit to bank account.

                There are two ways to get loan proceeds: manager’s check or credit to Eastwest bank account. Now, who can be qualified for this loan? The applicant must be a Filipino or a foreign national residing in the Philippines. At least 25 to 65 years old upon loan maturity and without adverse credit history and a minimum gross monthly income of at least Php 15, 000. With at a landline number (either home or business) and mobile number.

Applicants are then required to comply the following: for salaried employees, completely filled out Personal Loan form, pay slip for the latest 3 months, photo copy of the latest BIR Form 2316 or W2 duly signed by the employer’s authorized representative, valid credit card reference.  For self-employed employees, photocopies of the business name certificate, valid credit card reference, photo copy of latest ITR/BIR form 1701 with audited financial statements. Loan applicants must also prepare other documents needed for verification.

Furthermore, for the releasing and delivery, applicants should also prepare 2 valid IDs, original copy of the documents that they submitted, original signed application form, postdated checks fully accomplished and signed.

The multipurpose versatile loan of Eastwest Bank provides financial solution made to meet personal needs suitable based on one’s financial capacity.  For more details, you can call the customer service hotline 888-1700 or email your concerns thru: csloans@eastwestbanker.com

Source: https://www.eastwestbanker.com/info/personalloansREQ.asp

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