EastWest Bank Personal Loan
Whatever your cash needs, an EastWest Bank personal loan can be your quick and easy solution.
Interest rate (p.a.)
22.68% - 22.68% |
Loan Tenure
1 - 3 years |
Approval Duration
Within 5 to 7 banking days |
Min. monthly income
₱20,000 |
What's so great about EastWest Bank Personal Loan?
- Processing time within 5 - 7 banking days.
- Borrow any amount from ₱25,000 to ₱2,000,000.
- Monthly add-on rate from 1.49% per month.
Product Features
Min. financing amount | ₱25,000.00 |
Max.financing amount | Up to ₱2,000,000.00 |
Min. loan tenure | 1 year |
Max. loan tenure | 3 years |
Interest rate | Fixed rate of 22.68% per annum, 1.89% per month add-on |
Approval duration | Within 5 to 7 banking days |
Debt consolidation | No |
Fees & Charges
One time set up | |
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Processing fee | ₱1,900.00 |
Stamp duty | ₱1.00 for every ₱200.00 of the approved loan amount or a fraction thereof for PNs greater than ₱250,000 |
Disbursement & misc. fee | N/A |
Other fees | Returned check fee is ₱1,000.00 and ₱200.00 for check replacement fee. |
Penalties | |
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Early settlement | ₱500.00 or 8% of the outstanding principal whichever is higher |
Late payment charges | ₱500.00 per month or 8% per month of the past due amount, whichever is higher |
Eligibility
Age requirement | Age 21 - 65 |
Employment eligibility | At least ₱20,000.00 monthly income |
Min. salary requirement | ₱20,000 gross per month |
Guarantor / Collateral requirement | No |
Other Requirements
Need to open linked banked account? | No |
Other details | Method of Payment - Post-dated Checks |