Doctor's Loan

Give your doctors access to a clean, multi-purpose personal loan with convenient payment terms.

Overview

Doctor’s Loan is a clean, multi-purpose loan that offers flexible repayment schedule of up to 60 months to medical practitioners of SBC-accredited hospitals.

  • Approval within 5—7 banking days
  • Flexible payment terms up to 60 months
  • Convenient payment schemes
    • Post-dated Checks Payment
    • Auto Debit Arrangement from Securit Bank Account

Doctor’s Loan Features

Take a look at what we can offer:

Minimum Loan Amount PHP 100,000
Maximum Loan Amount PHP 1,000,000
Payment Terms up to 60 months
Mode of Release Auto-credit to SBC Account
Manager’s Checks
Mode of Payment Auto-debit from SBC Account
Post-dated Checks
Approval Time 5—7 banking days (with complete documents and no adverse findings)

Doctor’s Loan Rates

Term Add-on Rate
6 6.60%
12 13.20%
18 19.80%
24 26.40%
36 39.60%
48 52.80%
60 66.00%

How can your hospital get accredited?

Step 1

Fill out the Accreditation Form

Step 2

Submit the required documents for accreditation

Step 3

Processing and screening of application (3-4 weeks)

Step 4

Signing of the signed conformity letter and submission of post-approval documentary requirements

Step 5

Upon approval, begin endorsing doctors for loans!

Eligibility for Accreditation

  • At least 5 years in operation
  • Profitable for in the last 3 years
  • No adverse findings
  • Must be located within Security Bank processing service area—25km radius

Required Documents for Accreditation

Accreditation:

  • Company Profile with list of officers or General Information Sheet
  • SEC Registration
  • Articles of Incorporation and By-Laws
  • Lastest GIS
  • Latest three (3) years ITR and AFS with BIR stamp
  • List and contact details of three (3) customers and three (3) suppliers
  • List of Authorized Signatories and birthdates
  • Doctor’s Data

Post-Accreditation:

  • Conformity Letter and Term Sheet

Hospital Accreditation Form

Already Accredited?

List of Accredited Hospitals
  • ACEMED Inc. (Divine Grace Medical Center)
  • Asian Hospital Professional Staff Association, Inc.
  • Central Luzon Doctors Hospital
  • Metro San Jose Medical Center
  • Ramos General Hospital
  • St. Frances Cabrini Medical Center
Frequently Asked Questions

How much is the amount I can loan?

  • Minimum P100,000.00
  • Maximum P1,000,000.00

*30% Debt Income Ratio of net monthly pay shall apply

For how many months/terms I can pay the loan? 6, 12, 18, 24, 36, 48 and 60 months, depending on your Hospital’s arrangement and subject to account evaluation.

How long does it take to process my application? 5-7 banking days, if all requirements are complete and if applicant is verified without adverse findings.

What are the fees and charges?

Processing Fee PHP 1,000
Late Payment Fee / Penalty Charge 3% of the monthly amortization or PHP 500, whichever is higher.
Processing Fee for Pre-Payment / Pre-termination of Loan PHP 250 waived for re-availment and those who will settle their loan ahead of maturity date
Notorial Fee (for PHP 100,000 loan and up) PHP 100
Documentary Stamps (for PHP 250,000 loan and up) PHP 1.50 for every PHP 200
Other Incidental Fees Case-to-case basis

How will I know if my loan is approved? Your account officer will notify you once the loan has been approved. To follow up on your loan status, please call our hotline (02) 8887-9188 or your account officer.

How will I get my loan proceeds? Loan proceeds are can be released as follows:

  • With SBC Account:Credited to Security Bank Account
  • Without SBC Account:Via Managers Check (MC) to be claimed at any Security Bank branch

How do I make payments?

  • With SBC Account:Via Auto Debit Arrangement (ADA) from SBC account
  • Without SBC Account:Through Post-Dated Checks (PDC); Borrower to issue and submit full term PDCs upon release of loan proceeds

When can I re-avail of the loan? Loan renewal or re-availment is allowed upon 50% loan repayment. Existing outstanding balance will be deducted from the loan proceeds.

Search