Minimum loan amount
Minimum annual income
Did you know that you can get a loan using your smartphone? Apply for a CIMB Personal Loan in just 10 minutes and get approved in as fast as 24 hours. Borrow up to ₱2 million and pay in flexible installments up to 36 months—all in just a few taps.
|Age||21 to 65 years old|
|Minimum Annual Income||P180,000|
|Credit Card||Not Required|
|Landline Number||Not Required|
Is this the right product for you?
Checkout the other personal loan listing.
Applying for a loan can be a tedious endeavor, especially with the required paperwork and back and forth process. Even with all that hard work, loan approval isn’t guaranteed. Good thing there’s CIMB Personal Loan, an all-digital loan application that makes application fast, easy, and convenient. Interested? Find out more in this review.
CIMB Personal Loan is a fully digital personal loan that you can use in your business, personal projects, and during emergencies. It’s a convenient loan to apply for since it only requires a valid ID for all applicants and 1 income document for both employees and self-employed individuals. It also doesn’t require collateral, a guarantor, or a credit card.
Here are some of the common loan purposes:
Before applying for a loan, you need to meet the following CIMB Personal Loan eligibility criteria:
To get a sample computation of your CIMB Personal Loan, you may contact them via phone or through their app.
The amount of money you can borrow through a CIMB Personal Loan will range from ₱30,000 to ₱1 million, subject to CIMB’s approval.
Your CIMB Personal Loan won’t come with any transactional fees. There is a late payment fee worth ₱300 or 5% of the loan amount, whichever is higher. Loans higher than ₱250,000 comes with a documentary stamp tax equivalent to ₱1.50 for every ₱200.
If your loan application is approved, you will receive a push notification on your phone and on your email. You will also see a “Success” notification when you open your CIMB app.
If you chose to credit it to your CIMB account, you will receive your loan upon approval. If you chose to disburse it to other banks, expect your loan proceeds to come within two business days.
To monitor the status of your loan, just open the CIMB app, go to Product Menu, and select My Personal Loan.
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