Maybank Personal Loan Up with Excellent Features for Financial Solutions

Maybank Personal Loan Up with Excellent Features for Financial Solutions

April 24, 2024 by Van Garzon in Categories Finance

Check Here the Maybank Personal Loan Offer Features & Application

MAYBANK PERSONAL LOAN – You can check here the excellent features of the multi-purpose cash loan offer of Maybank Philippines.

Nowadays, cash loans are more accessible as more and more banks and lending entities find ways to make their offers available to many qualified people. One of the cash loan providers in the country is Maybank.

Maybank is operating in the country for several years now. It has several offers including the following:

  • deposit accounts (savings, current, time deposit, ATM, US Dollar)
  • loans (Auto Loan, Personal Loan, Maxihome Loan)
  • investment products

One of the loan offers of the reputable banking entity is Maybank Personal Loan. It is a multi-purpose loan that you may turn to for personal purchases, medical emergencies, travel, education, lifestyle, etc.

The cash loan offer of Maybank has a high maximum loanable amount. You may borrow up to Php 1 million. All loan applications are subject to the approval of the bank.

With regards to the loan term, you can stretch the loan repayment to up to 36 monthly installments. The bank offers one of the lowest interest rates in the market at 1.3%.

With regards to the processing fees which may be deducted from your loan proceeds, the amount is dependent on the rate set by the bank based on your area. Here’s a guide on the processing fees:

Luzon
  • Metro Manila — Php 2,000
  • Other Areas — Php 3,000
Visayas
  • Metro Cebu — Php 2,000
  • Minglanilla to Compostela — Php 2,000
  • Other Areas — Php 3,000
  • Iloilo City — Php 2,000
  • Bacolod City — Php 2,000
  • Roxas City — Php 2,000
  • Bago City — Php 2,000
  • Other Areas — Php 3,000
Mindanao
  • Cagayan de Oro — Php 2,000
  • Other Area — Php 3,000

The Maybank Personal Loan offer is open for both employed and self-employed individuals. The bank has set varying requirements among the loan applicants depending on the nature of the source of income.

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