How much can I borrow?
With an EastWest Bank Personal Loan, borrow as much as P2,000,000, subject to approval.
What are the EastWest Bank Personal Loan Requirements?
An applicant must fulfill EastWest Bank’s eligibility criteria for a loan:
- Must be a Filipino citizen
- Must be a regular employee with tenure of at least 6 months with current employer or self-employed with business operational for at least 2 years.
- Must be at least 21 years old and not more than 65 years old upon loan maturity
- Must have at least one landline number (either home or business) and a mobile number (Mobile number will not be accepted as a stand-alone contact number)
- Gross monthly income (GMI) must be at least P15,000 or annual income of not less than P180,000
Consequently, after filling out an application form, the following documents are necessary:
Fully Employed applicants need:
- Completely filled-out and signed EastWest Bank Personal Loan Application Form
- Photocopy of one (1) valid photo-bearing digitized I.D.
- Photocopy of BIR FORM 2316/W2 (Tax Withheld)
- Photocopy of Latest one month pay slip
- Valid credit card reference or latest Statement of Account of the existing credit card
- Original copy of Certificate of Employment stating salary and position
Self – Employed applicants need:
- Completely filled-out and signed EastWest Bank Personal Loan Application Form
- Photocopy of one (1) valid photo-bearing digitized I.D.
- Latest ITR and Audited Financial Statements
- Latest Statement of Account of the existing credit card
- DTI Registration Certificate (for sole proprietorships)
- SEC Registration Certificate with page attached reflecting total shares owned by the applicant (for Partnerships and Corporations)
*Additional documents may be required during credit evaluation.