PBCOM Personal Loan
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.
PBCOM Personal Loan
PBCom Personal Loan. No collateral cash loan application online with low interest rates and fixed monthly payment. Apply online for free!
Overview
- Product Name:
- PBCOM Personal Loan
- Remarks:
- With Competitive Interest Rates
- Minimum Amount of Loan:
- PHP100,000.00
- Maximum Amount of Loan:
- PHP1,000,000.00
- Minimum Loan Tenure:
- 12 months
- Maximum Loan Tenure:
- 48 months
Eligibility and Requirements
- Age Range of Borrower:
- 25-65 years old
- Minimum Annual Income:
- PHP360,000.00
- Income Requirement Remarks:
- Apply for a monthly income of PHP35,000.00
- Employment / Work Status:
- Permanent Employee for 0 year / Government Employee for 0 year
- Borrower has to have Credit Card:
- Yes
- Guarantor Required:
- No Guarrantor required
- Collateral Required:
- No Collateral Required
- Other Requirements:
- No special requirements needed
- Need to Open Linked Bank Account:
- No
Application and Approval
- Application Channel:
- Approval Duration:
- 3 to 5 days
- Approval Duration Remarks:
- Get approved once all documentary requirements are submitted and application details are confirmed by the bank.
Fees and Charges/Penalties
- Loan Processing and Dispersal Fees:
- PHP2,500.00 processing fee
- Early Repayment Penalty:
- PHP800.00 or 5% of the total outstanding balance whichever is higher
- Late Payment Penalty:
- PHP500.00 or 3% of installment amount due whichever is higher
Interest Rates Offered
| Product Name: | Interest Rate | Effective Interest Rate | Interest Type |
|---|---|---|---|
| PBCOM Personal Loan - 12 months less than 200k | 1.63% | 34.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 18 months less than 200k | 1.64% | 34.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 24 months less than 200k | 1.65% | 34.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 36 months less than 200k | 1.71% | 34.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 48 months less than 200k | 1.78% | 34.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 12 months 201k above | 1.58% | 33.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 18 months 201k above | 1.58% | 33.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 24 months 201k above | 1.60% | 33.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 36 months 201k above | 1.66% | 33.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 48 months 201k above | 1.71% | 33.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 12 months for Self-Employed | 1.78% | 37.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 18 months for Self-Employed | 1.79% | 37.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 24 months for Self-Employed | 1.81% | 37.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 36 months for Self-Employed | 1.88% | 37.40% p.a | Monthly Rate |
| PBCOM Personal Loan - 48 months for Self-Employed | 1.96% | 37.40% p.a | Monthly Rate |
FAQs
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.