How much can I borrow?
With a Security Bank Personal Loan, borrow as much asP1,000,000, subject to approval.
What are the Security Bank Personal Loan Requirements?
An applicant must fulfill Security Bank’s eligibility criteria for a loan:
If employed:
- Regular and permanent with current employer and with total employment of at least one (1) year
- For call centers, minimum employment tenure is 3 years.
- Minimum gross monthly income of P15,000.00 (for Metro Manila) or P12,000.00 (outside Metro Manila)
If self-employed:
- With at least two (2) continuous years of profitable operations in the same line of business
- Minimum gross monthly income of P30,000.00 (for Metro Manila) or ?25,000.00 (outside Metro Manila)
Fully Employed applicants need:
- Photocopy of company ID with clear photo and signature
- Photocopy of one (1) valid government-issued photo ID with three (3) specimen signatures
- Latest one (1) month payslip
- Latest BIR Form 2316 or latest certificate of employment
Self-Employed applicants need:
- Two (2) valid government-issued IDs
- Latest ITR with BIR stamp
- Latest 2 years Audited Financial Statements
- SEC Registration/DTI
- Business Permit/Mayor’s Permit
- Latest six (6) months bank statements
- List of 3 suppliers and 3 customers with contact details
- Latest GIS (if corporation)