Skip to content In this article, we will be teaching you how to apply for a bank loan and to set your expectations, applying for a bank loan is a mere journey of completing necessary requirements that the bank asks from you and the initial waiting time for your loan to be approved. One of the most trusted banks in terms of giving out loans is Security Bank and we will share to you the steps on how you can successfully apply for a loan.
Before starting, be advised that Security Bank now offers online application for you to acquire a loan. But of course, you need to ensure that you have all the necessary requirements and documents that the bank may ask of you in order to prove that you can pay off the loan. These requirements are:
- Documentation of salaries (Latest pay slips or Income Tax Return (ITR))
- For self-employed applicants:
- Financial statements that are up since the last 3 years
- Photocopy of DTI registration certificate
- At least two (2) valid IDs
- For self-employed applicants:
How can I know if I am eligible to apply for a Security Bank Loan?
- You need to be at least 21 years old but nt more than 65 years old
- You need to have income or salary that is more than the minimum income required
So how can I apply for a Security Bank Loan Online?
- The very first step is of course the application. You can fill out the web-based application form by clicking here.
- Duly accomplish the application form and ensure that the information you input is correct and accurate.
- Attach the necessary requirements and documents (scanned) to the prompted window.
- Agree to the Terms and Conditions and wait for a confirmation message through SMS.
Note that you can accomplish these by going to the Security Bank website which is -> https://www.securitybank.com/personal/loans/personal-loan/