Monday, October 3, 2022

SECURITY BANK PERSONAL LOAN – How Much Is the Required Monthly Income

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Guide On How Much is the Required Monthly Income in Applying for Security Bank Personal Loan

SECURITY BANK PERSONAL LOAN – Here is a guide on how much is the required monthly income in applying for the Security Bank Personal Loan offer.

Nowadays, when urgent financial need crosses the surface, a lot of people consider seeking the assistance of banks. Several banks in the Philippines including the Security Bank got multi-purpose loan offers.

With regards to the Security Bank, it has multi-purpose loans for both private individuals and the employees of its accredited companies. For those under the latter, you may check on the Security Bank Employee Loan.

Meanwhile, if you are an employee but your company is not accredited to the bank, you may apply for the Security Bank Personal Loan. There is a required monthly income to be eligible for this loan offer.

Security Bank Personal Loan

Based on the official website of the bank, the required monthly income in applying for the Security Bank Personal Loan may differ. It will depend on the employment status of the borrower and as well as the location of his or her employment or business.

For Employed Applicants:

  • Within Metro Manila: Php 15,000.00
  • Outside Metro Manila: Php 12,000.00

For Self-Employed Applicants:

  • Within Metro Manila: Php 30,000.00
  • Outside Metro Manila: Php 25,000.00

According to Security Bank, the borrower must be a Filipino citizen and at least 21 years old but not more than 65 years old upon the loan maturity. For self-employed applicants, the business must be profitable for two(2) continuous years already.

Do you want to know how much you can borrow under this loan offer? Here are the minimum and the maximum loanable amounts under the Personal Loan:

  • Minimum Loanable Amount – Php 30,000.00
  • Maximum Loanable Amount – Php 2,000,000.00

Are you planning to apply for the Personal Loan offer? You may visit the official website of the bank – https://www.securitybank.com.

Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.

READ ALSO: SECURITY BANK LOANS – Full List of Loan Offers by Security Bank

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