EastWest Bank Cash Loan Requirements You Must Prepare for Application — A GUIDE

EastWest Bank Cash Loan Requirements You Must Prepare for Application — A GUIDE

March 27, 2024 by Van Garzon in Categories Finance

Lists of EastWest Bank Cash Loan Requirements You Must Submit To Apply

EASTWEST BANK CASH LOAN REQUIREMENTS – Here is a list of the documents required by EastWest Bank in applying for the loan offer.

Are you looking for banks with multi-purpose cash loans? In the Philippines, one of the entities that you may turn to is the EastWest Bank, a reputable bank founded by the late business tycoon Andrew Gotianun and his wife.

The EastWest Bank has several branches across the nation. Thus, its offers are really accessible to countless Filipinos. Its offers encompass both personal and business categories with products and services that include the following:

  • Deposit Accounts
  • Cash Management Services
  • Loans
  • Investment and Trust Products
  • Forex Services
  • Insurance Policies

With regards to the loan offers of the bank, its multi-purpose cash loan offer is the Personal Loan. You may apply for it to get your car repaired, pay for the tuition fees, make a personal purchase, etc.

The Personal Loan offer is open for both salaried and non-salaried individuals. There are varying EastWest Bank cash loan requirements among the employed and self-employed individuals. Here’s a guide on the documents required by the bank:

  • duly-accomplished EastWest Online Personal Loan Application Form
  • photocopy of at least one (1) valid digitized photo-bearing and signature-bearing I.D.’s issued in the Philippines
  • proof of income (any of the following):
    • photocopy of latest ITR/BIR Form 2316
    • photocopy of latest three months pay slips
    • Certificate of Employment stating Salary, Position and Date Employed
    • valid Credit Card reference or its latest Credit Card Statement of Account
  • duly-accomplished EastWest Online Personal Loan Application Form
  • photocopy of at least one (1) valid digitized photo-bearing and signature-bearing I.D.’s issued in the Philippines
  • proof of income (any of the following):
    • Photocopy of latest ITR/BIR Form 1701 and Audited Financial Statements
    • DTI Registration Certificate (for Sole Proprietorship) or SEC Registration Certificate with page stating shares owned by the applicant (for Partnerships or Corporations)
    • Business Permit
    • Valid Credit Card reference or its latest Credit Card Statement of Account
    • Other documents may be required for further verification such as a Mayor’s Permit.

Also part of the EastWest Bank cash loan requirements are the collateral documents required by the bank in the application for the loan offer. Here are the collateral requirements that must be submitted for the loan application:

  • original Copy of documents submitted (to be presented only)
  • two (2) valid IDs to be presented to the EastWest Personal Loan Releasing Unit as ID verification and to the lobby Guard of the building
  • original signed application form
  • fully-accomplished and signed Post Dated Checks