Chinabank Corporation first catered to the needs of Chinese-Filipino businessmen. Today, it operates as a full service bank with a wide range of services and financing products. In 2008, it opened its thrift bank subsidiary, the CBS or China Bank Savings, which is more focused on the retail side. It offers services that Chinabank does not, including personal loans.

ABOUT THE CBS PERSONAL LOAN

TheChinabank personal loan in Manila is offered by CBS. It is called Easi-Funds Personal Loan, a non-collateral loan for salaried or self-employed individuals in need of quick cash. The loan has an add-on rate on top of the fixed monthly payment. Terms are 12 to 48 months, while availment is through Manager’s Check to be deposited to bank account. The thrift bank offers minimal documentation, so it would be easier for the loan to be approved.

WHAT ARE THE QUALIFICATIONS

The loan is open for employed or self-employed Filipino citizens aged 21 to 55 who are depositors of Chinabank Corporation, China Bank Savings and Planters Development Bank. He or she should also be a principal holder of a credit card and the place of business or work and residence must have a landline. The minimum income requirement is Php30,000 a month or Php360,000 a year.

WHAT HAPPENS IF YOU DO NOT QUALIFY?

If you think you won’t be eligible for a Chinabank loan, the quest for personal loan is not yet over. There are many other banks and credit companies offering personal loans, and in your aim to get one, Loansolutions is willing to help you. We work with a wide network of lenders, and we facilitate loans while you benefit from fast and hassle-free processing. All you need to do is provide us with the necessary information. We will use this information to match with the eligibility criteria of the lenders. Once your profile meets such criteria, you get a match and decide to proceed with the loan application.

Loansolution.ph will present the matches. You can review the loan offers and decide if you want to proceed. From this step on, we will assign a Loansolutions officer to assist you. We encourage you to upload the requirements right away for faster processing. Be ready for your requirements to be validated by the lender. Please note that the duration of processing varies from one lender to another. The amount you can borrow would depend on your income. Prepare your latest certificate of employment if you are employed, your company ID, ITR, latest pay slip, latest proof of billing and your government-issued IDs.

Loansolutions PH can help you ease your financial burdens. If there are immediate needs, we can help you find a way now that it is easier to apply for loans.