Banking
Loans
Trust and Investments

Personal Loan

Get cash when you need it.

PRODUCT FEATURES:

Covers any financial need

You can borrow any amount from PHP15,000 to PHP1,000,000 to finance any need, from tuition to gadgets to debt consolidation to personal consumption.

Flexible Terms

You can choose from several payment terms of 12, 18, 24 and 36 months.

Reasonable Rate

You can get as low as 1.39% monthly add-on rate depending on your chosen term.

Worry-free

You can avail of the loan without the need for a guarantor nor collateral!

QUALIFICATIONS:

	At least 21 years old but not more than 60 years old at loan maturity
	Filipino citizen
	With office or residence landline
	Residence or office is within Security Bank processing service area

If Employed:

	Regular and permanent for at least six (6) months with current employer
	Income requirement
	PHP15,000 gross monthly income for Metro Manila applicants
	PHP12,000 gross monthly income for outside Metro Manila applicants

If Self - Employed:

	With at least two (2) continuous years of profitable operations in the same line of business
	Income requirement
	PHP30,000 net monthly income for Metro Manila applicants
	PHP25,000 net monthly income for outside Metro Manila applicants

DOCUMENT REQUIREMENTS:

	Completely filled-out and signed application form
	Photocopy of Company ID with clear photo and signature
	Photocopy of one (1) valid government issued photo ID
	Proof of income for employed
	Latest original one(1) month payslip
	Latest BIR Form 2316
	Proof of income for self-employed
	Latest ITR with BIR stamp and tax receipt
	Two (2) years Audited Financial Statements
	SEC/DTI Certificate of Registration
	Six (6) months Bank Statements

NOTE: Other documents may be required as needed to process the loan.

LOAN AMORTIZATION TABLE*
TENOR	12 Months	18 Months	24 Months	36 Months
Monthly Add-on Rate	1.39%	1.49%	1.59%	1.69%

Amount

Approximation of Monthly Amortization

15,000	1,459	1,057	864	671
50,000	4,862	3,523	2,879	2,234
100,000	9,724	7,046	5,757	4,468
300,000	29,170	21,137	17,270	13,404
500,000	48,617	35,228	28,784	22,339
1,000,000	97,234	70,456	57,567	44,678

FEES AND CHARGES*

	Processing Fee:	PHP1,500 (deducted from loan proceeds)
	Documentary Stamps:	PHP1.00 for every P200, only for loans P250,000 and above
	Late Payment Fee:	3% of overdue amount or minimum of P500.00
	Returned Check Fee:	P500.00 per check
	Early Settlement Fee:	5% of the remaining principal balance or minimum of P500.00
	Notarial Fee:	P100 only for loans P100,000 and above
	SOA Certification Fee:	P100 per SOA request

*Interest rates and charges are subject to change without prior notice. Rates are effective as of June 28, 2010. All applications will be subject to the Bank’s Credit policies and procedures.

APPLY NOW!

You can download a copy of the Application Form here. For more inquiries you can call our Customer Service Number at (02) 88-791-88.

Personal Loan

Loans