Eligibility Requirements:
- Must be a Filipino citizen
- Employed with a permanent status for at least 2 years
- Minimum monthly salary of PHP 20,000
- At least 21 years old but not older than 65 upon loan maturity
Loan name application steps:
- Fill out the online application form
- Attach necessary documents
- Submit application for assessment
- Await approval notification
- Sign agreement and receive funds
Frequently Asked Questions
How long does it take to get approved for a ChinaBank loan?
Approval is typically within 5 working days after submission.
Is it required to explain why credit is being used?
No, explanation of credit utilization is not mandatory.
Do I need to have a good credit score to be approved for ChinaBank?
A good credit score is beneficial but not mandatory.
Can I apply for a loan if I am self-employed?
Yes, self-employed individuals can apply with specific documentation required.