• Credit Card
    Credit Card Get the perfect credit card fast
    • Credit Card

    Credit Card Promos
    • The Cost Of A Traditional Noche Buena In The Philippines
    • Jolly, Merry Credit Card Promos For December 2019
    • See more...
    Quick references
    • How to apply for a credit card?
    • Free Annual Fee For Life When You Apply For An HSBC Credit Card Online
    • Top Credit Cards In The Philippines 2019: Air Miles, Rewards, Cashbacks, And More
    • Why You Should Get A Credit Card With No Annual Fee
  • Loans
    Loans Get the best deal on your personal loan
    • Personal Loan
    • OFW Loan
    • Housing Loan
    • Auto Loan

    • Personal Loan Calculator
    • Housing Loan Calculator
    Quick references
    • How to apply for a personal loan?
    • How to get approved for a personal loan?
    • Calculate Your Personal Net Worth
    • We Answer Your Frequently Asked Questions About Tax Refunds In The Philippines
  • Insurance
    Insurance Products Compare premiums and features. Get your policy fast
    • Vehicle Insurance
    • CTPL Insurance
    • Property Insurance
    • Health Insurance
    • Prepaid Health Insurance
    • Travel Insurance
    • Personal Accident Insurance
    Quick references
    • What Type Of Investor Are You?
    • The Ultimate Guide To Getting Car Insurance In The Philippines
    • The Top 10 Most Fuel-efficient Cars Available In The Philippines Today
  • Business Loan
  • Blog
    What’s Hot Join the discussion, check the latest promos, and read up on informative, insightful, and inspirational articles
    • Banking Products
    • Insurance Products

    • Ask an Expert
    Read our Blog
    • Banking
    • Insurance
    • Lifestyle
    • Promo
  • About Us
    About us Learn more about who we are and what we do
    • About eCompareMo
    • Press Releases
    • Media
    • Press Kit
    Latest News
    • Experian Leads Over-Subscribed US$28m Series C Investment in C88
The Philippines' No. 1 Financial E-Commerce Site Providing financial access
to millions of Filipinos since 2014
Free Financial Consultation(02) 8 779 6912
Contact Me
Login
Show menu
  1. Home
  2. Banks
  3. RCBC
  4. RCBC Loans
  5. MyCash Personal Loan

MyCash Personal Loan

I'm Interested

RCBC MyCash Personal Loan lets you borrow from a minimum loan amount of PHP50,000 up to PHP1,000,000, easy payment terms of 6 to 36 months, and competitive interest rates at 1.30% per month. This multi-purpose loan allows you to settle your financial obligations and meet your personal needs. Plus, get financial advice on the best way to save and use your money.

eCompareMo lets you compare all the personal loan rates available on the market to help you find the best one for your needs.

You can also check out other RCBC Loan products here.

I'm Interested

Product Overview

Product Name:MyCash Personal Loan
Remarks:Flexible and convenient
Minimum Amount of Loan:PHP50,000.00
Maximum Amount of Loan:PHP1,000,000.00
Minimum Loan Tenure:6 months
Maximum Loan Tenure:36 months

Eligibility and Requirements

Age Range of Borrower:21-70 years old
Minimum Annual Income:PHP240,000.00
Income Requirement Remarks:Apply for as low as PHP20,000.00 gross monthly income
Employment / Work Status:Permanent Employee for 2 years / 5 years Business Operations for Self-employed / 2 years of Practice for Professionals / Government Employee for 2 years
Borrower has to have Credit Card:Yes
Guarantor Required:No
Collateral Required:No
Other Requirements:Should have an existing credit card
Need to Open Linked Bank Account:Yes

Application and Approval

Application Channel:RCBC
Approval Duration:7 to 21 days
Approval Duration Remarks:One week minimum process time

Fees and Charges/Penalties

Loan Processing and Dispersal Fees:PHP1,500 processing fee or 1% loan amount, whichever is higher but will not exceed PHP5,000.00
Early Repayment Penalty:None if one month notice given
Late Payment Penalty:5% p.a. on any outstanding balance

Interest Rates Offered

Product Name:Interest RateEffective Interest RateInterest Type
MyCash Personal Loan - 6 months1.30%Monthly Rate
MyCash Personal Loan - 12 months1.30%Monthly Rate
MyCash Personal Loan - 18 months1.30%Monthly Rate
MyCash Personal Loan - 24 months1.30%Monthly Rate
MyCash Personal Loan - 36 months1.30%Monthly Rate

FAQs

What are the required documents to apply for an RCBC personal loan?

Employed

  • Accomplished Application Form
  • Original Certificate of Employment or 2 months payslip or ITR
  • Copy of 2 government issued IDs
  • Copy of latest ITR
  • Copy of one (1) month latest credit card billing
  • Copy of one (1) utility bill

Self-Employed

  • Completed and signed Application Form
  • Copy of Business Papers
  • Copy of most recent utility bill
  • Copy of one (1) month latest credit card bill
  • Copy of two (2) years financial statements with ITR
  • Copy of latest 6 months bank statements

What are the modes of payment?

  • You can pay your monthly amortizations through Automatic Debit Arrangement (ADA) with your RCBC savings or checking account or Post-Dated Checks (PDCs) or over-the-counter payment .

What are the eligibility requirements for RCBC personal loan application?

  • Applicant must be between 21 - 65 years of age, current credit card members of Mastercard, Visa, Amex, JCB with minimum of 2 years membership, with owned (2 years) or rented (3 years) residence. If employed, applicant must be at least of middle management, with a minimum of 2-year tenure, and employed among the top 10,000 corporations. If Self-employed, business must be at least 5 years in operation, and profitable for the last 2 years.

How do I claim my RCBC personal loan proceeds?

  • You can claim your RCBC personal loan via Manager’s Check.

Share this page

Facebook 0 Twitter 0 Google 0 Linkedin 0

Need Help?

Contact our helpdesk for more details. (02) 8 779 6912 Monday - Friday 9:00 am - 6:00 pm

Contact Me

Call Schedule

Close Dialog

Please fill in your contact details and eCompareMo's customer service will get back to you, at your preferred appointment time.

Consent for storing personal data:

Thank you

Please answer our call so we can help you find the right product for you.

Close Dialog
As seen in
Product Comparison
  • Credit Cards
  • Loans
  • Insurance
  • Business Loan
Calculators
  • Personal Loan Calculator
  • Housing Loan Calculator
Product Information
  • Banking Products
  • Insurance Products
Blog
  • Banking
  • Insurance
  • Promo
  • Lifestyle
  • Ask an Expert
About eCompareMo
  • About Us
  • FAQ
  • Careers
  • Terms & Conditions
  • Privacy Policy
eCompareMo - Philippine's Leading Financial Comparison Portal
(02) 8 779 6912
Monday - Friday 9:00 am - 6:00 pm
11781 Nicanor Garcia Street, Makati City 1210
  • Facebook
  • Twitter
  • Google Plus
  • Linkedin
© 2019 C88 Financial Technologies Pte. Ltd. eCompareMo.com has a license and registered trademark of C88 Financial Technologies (Group) Pte. Ltd., which is represented in the Philippines by SnapCompare Corporation. Contact eCompareMo.com at 1781 Nicanor Garcia Street, Makati City 1210. Disclaimer: All offers and product applications on eCompareMo.com represent current product data and does not bind the applicants before the contract has been signed and applied. Product information shown on the website of eCompareMo may change at any time without prior notice to keep all rates updated. ** Currently, some applications for credit card, insurance, and loan are only available in the National Capital Region (NCR).
Close panel
  • My Account
  • Menu
Credit Cards
  • Credit Card
  • Credit Card Types and Features
  • How to apply for a credit card in the Philippines
Loans
  • Personal Loan
  • OFW Loan
  • House Loan
  • Auto Loan
Insurance & Protection
  • Vehicle Insurance
  • CTPL Insurance
  • Property Insurance
  • Health Insurance
  • Prepaid Health Insurance
  • Travel Insurance
  • Personal Accident Insurance
Business Loan
  • Business Loans
Other Services
  • Ask an Expert
  • Promotions
  • Blog
About Us
  • About eCompareMo
  • Press Releases
  • Media
  • Press Kit
  • Terms & Conditions
  • Privacy Policy
Sign in to your Account
Sign in to your Account

Access your account and fill out forms with required information in an instant.

Sign In
OR
Register
Sign in
Forgot your password?
Create an Account
OR
Cancel
Forgot your password

Please type your email address and we will reset your password for you. Instructions will be emailed to your email account.

OR
Cancel

Access your Account

Close dialog

Social Media Login

OR

Account Login

Forgot your password? Don't have and account yet? Get started
Update
Update

Call Schedule

Close Dialog

Please fill in your contact details and eCompareMo's customer service will get back to you, at your preferred appointment time.

Consent for storing personal data:

Thank you

Please answer our call so we can help you find the right product for you.

Close Dialog
Back to top