Eligibility Requirements:
- Be a Filipino citizen or permanent resident foreigner in the Philippines.
- Be between 21 and 65 years old at the end of the loan period.
- Have at least one landline number (residential or commercial) and a mobile number.
- Gross monthly income (GMI) of at least Php 15,000 or annual income not less than Php 180,000.
Loan application steps:
- Tap the button below
- Fill out the application form and read the terms and conditions on the EastWest website
- Prepare scanned copies of the necessary supporting documents
- Submit the application form and await confirmation from the bank
Frequently asked questions:
How long does it take to get approved for an EastWest Bank loan?
Approval can take from 5 to 7 business days, followed by fund release within 4 business days.
Is it required to explain why credit is being used?
No, you can use the loan for any financial need without the need for a detailed explanation.
Do I need to have a good credit score to be approved for an EastWest Bank loan?
A good credit history can facilitate approval and ensure lower interest rates, but it’s not strictly necessary.
Can I apply for a loan if I am self-employed?
Yes, self-employed individuals can apply, but they must provide additional documentation such as ITR and audited financial statements.