ChinaTrust Salary Stretch Loan

  1. #15191
    maverick
    Maverick Member
    Reply

    ChinaTrust Salary Stretch Loan

    ChinaTrust Salary Stretch Loan offers flexible term multi-purpose unsecured loan for salaried and self-employed individuals. See their requirements below and get cash fast!

    chinatrust salary loan

    Employed:
    – Must be 23 to 60 years old* upon loan maturity
    – With minimum gross monthly income of PhP15,000. for Metro Manila-based applicants or PhP10,000. for provincial-based applicants
    – Must be with the current company for at least one (1) year on a regular / permanent status
    – With office landline
    – Must be a Filipino citizen

    Note: Qualifications may vary subject to the Bank’s terms and policies.

    *61 to 65 years old upon loan maturity may be allowed if verified with employer that retirement age is 65 years old. Borrowers who are more than 60 years old upon loan maturity must also submit a photocopy of a Credit Life Insurance.

    Self-employed:
    – Must be 25 to 60 years old upon loan maturity
    – With minimum gross monthly income of PhP15,000. for Metro Manila-based applicants or PhP10,000. for provincial-based applicants
    – Business must be registered and in existence of operation for at least three (3) years for Trading and Services Industry or five (5) years for other industries
    – With office and home landline and/or mobile number
    – Must be a credit cardholder
    – Must be a Filipino citizen

    Documents Required:

    Employed:

    – Completely filled out application form
    – Photocopy of latest ITR / BIR Form 2316
    – Photocopy of ID issued by the employer (with photo and signature)
    – Photocopy of one (1) month latest payslip
    – Original copies of the requirements may be required prior to loan release. Other documents may also be required by the Bank.

    Self-employed:

    – Completely filled out application form
    – Photocopy of latest BIR Form 1701 / 1702
    – Photocopy of unexpired Certificate of Registration from the Department of Trade and Industry (DTI)
    – Photocopy of latest two (2) months credit card statements
    – Photocopy of latest six (6) months bank statements of account/s
    – Photocopy of the face of credit card
    – Photocopy of two (2) government-issued IDs with photo
    – Original copies of the requirements may be required prior to loan release. Other documents may also be required by the Bank.

    Interest Rates:

    Monthly Add-on Rate – 1.39% to 1.79%

    Effective Interest Rate (Annual):
    12-month term: 29.48% to 59.35%
    18-month term: 29.57% to 52.86%
    24-month term: 29.33% to 49.07%
    36-month term: 28.58% to 44.47%

    Processing Fee:
    PHP 1,500.00

    Tenure:
    Either 12, 18, 24 or 36 months

    Mode of Payment:
    Post-Dated Checks (PDCs), UnionBank Branches, BancNet Channels via ATM, Online Banking (for CTBC BANK All-Day Access Card holders only), Mobile Banking, CTBC BANK branches nationwide

    Terms & Conditions:
    No Early Settlement Fee if you have informed the bank one month ahead.

    Late payment charges
    5.00% p.a. on any balance outstanding.

    Advantages:

    One day approval is possible for CTBC Salary Stretch Personal Loan application, once you meet the basic qualifications and you submit all documentary requirements.

    Other CTBC Bank products:

    CTBC Housing Loan with Cashback
    China Trust Deposits

    Apply personal loan with no collateral via China Trust Salary Loan at eCompareMo.

  2. #46381
    Star Gamboa
    Star Gamboa Guest

    Reply To: ChinaTrust Salary Stretch Loan

    Hi,

    I want to apply for ChinaTrust Salary Stretch Loan, can you walk me through the process?

    Thanks for the help.

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