Personal loan · PBCOM
PBCOM Personal Loan
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Get fast approval when you apply for PBCom Personal Loan. This multi-purpose loan lets you borrow up to PHP1,000,000.00 with a minimum loan tenure of 12 months to maximum loan tenure of 48 months and fair interest rates at 1.58% to 1.96% per month.
eCompareMo provides personal loan calculator to compare all loan rates available on the market to help you find the best one for your needs.
You can also check out other PBCom Loan products here.
Highlights
- With PBCom Personal Loan, it is now much easier to get personal loan for all the reasons you can think of.
- To avail of PBCom Personal Loan, you just need to have an annual salary of PHP600,000 and you can apply for a personal loan between PHP100,000 and PHP1,000,000 with flexible loan terms of up to 48 months.
Overview
| Loan amount | ₱100,000 to ₱1,000,000 |
|---|---|
| Loan term | 12 to 48 months |
| Interest | 1.58% to 1.96% a month |
| Minimum annual income | ₱360,000 |
| Age | 25 to 65 years old |
| Work | Employed, Self-employed, Professional |
| Processing time | 3 to 5 days |
| Early repayment | Allowed |
| Admin fee | PHP2,500.00 processing fee |
| Late payment | PHP500.00 or 3% of installment amount due whichever is higher |
| Collateral | No Collateral Required |
| Requirements | No special requirements needed |
You can view more personal loan options offered by other banks in the Philippines:
Plantersbank’s HandyCredit Personal loan is your one-stop personal solution for your money needs. Apply for a loan ranging from PHP30,000 up to PHP1,000,000 for a minimum of 1.50% interest rate per month with repayment terms for up to 36 months. To apply, you must have at least PHP30,000 monthly income.
Enable your funds with Maybank Enable Personal Loan and you can apply for a loan amount of up to Php 1,000,000 with flexible payment terms for up to 3 years at 15.6% interest rate per annum. To be eligible, you must have at least PHP25,000 monthly income.
Security Bank Personal Loan offers quick solution for all your cash needs. With a minimum monthly income of PHP15,000, you can avail a minimum loan amount of PHP30,000 up to a maximum amount of PHP1,000,000 at 16.68% interest rate per annum.
Frequently asked questions
What are the required documents to apply for a PBCom personal loan?
For Salaried Individuals
- Completed and signed application form
- Two (2) valid government-issued IDs with photo and signature
- Two (2) months most recent credit card statements
- Front copy of credit card
- A copy of the latest Income Tax Return (ITR) of the borrower
- Latest three (3) months pay slips upon loan application
- Certificate of Employment (Optional)
For Self-Employed Individuals
- Completed and signed application form
- Two (2) valid government-issued IDs with photo and signature
- Post Dated Checks
- Two (2) months most recent credit card statements
- Front copy of credit card
- A copy of the latest Income Tax Return (ITR) of the borrower and his co-maker, if applicable
- Latest Audited Financial Statements
- Photocopy of Certificate of Business Registration with SEC or DTI (if loan purpose is for business use)
What are the modes of payment?
- You can pay your monthly amortization via Post Dated Checks or Automatic Debit Arrangement.
What are the eligibility requirements for PBCom personal loan application?
- Applicant must be 25 to 65 years old (must not be older than 65 years old upon loan maturity), Filipino citizen or local resident foreigner who live within PBCOM business center locations (Local resident foreigners need to present Immigrant Certificate of Residency OR documents as required by Executive Order 226 OR Visa and work permit), must have an existing locally-issued credit card of at least one (1) year and with a minimum credit limit of PHP 30,000.00. Income of applicant must be within the minimum income required by PBCOM as follows:
If Salaried:
- Must have a minimum Gross Annual Income of PHP600,000.00
- Must be a regular employee
If Self-Employed:
- Must have a minimum Gross Annual Income of PHP600,000.00
- Business must be 3 years in existence or 1 year practicing professional
Optional Income Requirement to facilitate FASTER processing:
Original Certificate of Employment with a Top 1,000 Corporation. COE must include position, date of employment, tenure and gross annual income.
How do I claim my PBCom personal loan proceeds?
- Your loan proceeds will be released via Manager’s Check.