Guide on Maybank Personal Loan Requirements for Application

MAYBANK PERSONAL LOAN REQUIREMENTS – Listed here are the documents that Maybank requires among the employed and self-employed applicants.

In the Philippines, one of the reputable banking entities that you may turn to for a cash loan is Maybank. It has gained the trust of millions of Filipinos and it got excellent offers that benefitted a lot of people.

Among the offers of the bank are loans which include the Personal Loan, a multi-purpose cash loan offer. It is ready to help fast-track your goals.

The cash loan offer is open for both salaried and non-salaried individuals. The Maybank Personal Loan requirements include both qualifications and documentary requirements which vary among employed and self-employed individuals. Here’s a guide on the eligibility requirements for application:

Employed

• a Filipino citizen
• at least 23 years old at the time of the loan application
• not older than 65 years old when your loan matures
• home and business address must be within any of the bank’s service regions
• has the following active contact numbers:
  • home landline, office or business landline
  • mobile number
• with the current employer for 2 years work tenure
• earning a minimum salary of Php 25,000
• employer should be one of the Top 7,000 companies in the Philippines

Self-Employed

• a Filipino citizen
• at least 23 years old at the time of the loan application
• not older than 65 years old when your loan matures
• home and business address must be within any of the bank’s service regions
• has the following active contact numbers:
  • home landline, office or business landline
  • mobile number
• in the same profession or the same business for at least 3 years
• business should have been operational for the past 3 years with at least 2 continuous years of profitability
• with an average monthly income of Php 200,000
• business should be duly registered with DTI or SEC

Also part of the Maybank Personal Loan requirements for application are the documents that must be submitted in applying for the loan offer. The lists vary among the salaried and non-salaried individuals and here’s a guide on what you need to prepare:

Aside from Maybank, another banking entity in the Philippines with a multi-purpose cash loan offer is the EastWest Bank.