Sterling Bank of Asia Personal Loan

Sterling Bank of Asia Personal Loan Review

It's not uncommon for us to need extra cash these days to accomplish our goals, get through the coming days before payday, or both. Address your financial needs through Sterling Bank of Asia Persona Personal Loan which has one of the most flexible payment terms ranging from 3 to 36 months.

Where Can I Use a Sterling Bank of Asia Personal Loan?

With Sterling Bank of Asia Persona Personal Loan’s flexible loan terms, you can easily fulfill your short-term or long-term goals. Borrow as much as ₱1 million and enjoy a smooth application process since requirements are minimal. It’s a multipurpose loan so it can address several loan purposes such as:

• Emergencies - We can’t estimate emergency expenses but they’re usually higher than expected and will throw you off your budget. Whether you have an emergency fund or not, cast your worries aside and get additional help from Sterling Bank of Asia Persona Personal Loan.
• Travel expenses - Tired of the same scenery and want to explore new places? Travel without hesitation by funding your vacation with a personal loan.
• Entrepreneurial dreams - You’ve been wanting to set up your own business for quite some time now or dreaming to take your current business to new heights. Whatever your big dream is, achieve it with Sterling Bank of Asia Personal Loan.
• Purchase of appliances/furniture - Appliances and furniture are part of the checklist when moving into a new home. They're heavy items to bear, both physically and financially. Get a personal loan so you can tick these items off your checklist.

Who Can Get a Sterling Bank of Asia Personal Loan?

Before applying for a loan, you need to meet the following Sterling Bank of Asia Persona Personal Loan eligibility criteria:

• 21 years old and above and not older than 60 years old upon loan maturity
• Filipino citizen
• A minimum annual salary of ₱360,000
• Must have a residence or office landline
• Has no adverse credit history
• Must be residing for 1 year in their place of residence for renters
• For employed: must be employed with their current employer for at least 2 years
• For self-employed: must be operating their current business profitably for the last 2 years and running it for at least 3 years

Sterling Bank of Asia Personal Loan Requirements for Filipinos

• Photocopy of valid government-issued ID with your photo and signature and valid company ID
• Filled-out and signed application form
• For employed:
• A copy of the latest 1 month payslip
• Latest ITR (BIR Form 2316)
• Certificate of Employment for selected companies
• For credit cardholders: credit card statement of account in the last 2 months
• Self-employed:
• Copy of the latest audited financial statements and latest ITR
• Valid DTI/SEC Business Registration Certificate with General Information Sheet
• Copy of the latest bank statements
• For credit cardholders: credit card statement of account in the last 2 months
• Trade references from three customers and three suppliers with contact details

Sterling Bank of Asia Personal Loan Calculator

To get a sample computation of your Sterling Bank of Asia Persona Personal Loan, you may call them at (+632) 8721-6000 and (+632) 8672-6300 or email them at customer.service@sterlingbankasia.com. You may also head down to the nearest branch to inquire.

Sterling Bank of Asia Personal Loan Sample Computation

Note: The resulting figures of your calculation are just estimates. They’re subject to change. Remember that your actual amortizations will reflect in the loan disclosure statement.

Here are some sample computations for the most common loan amounts:

Sterling Bank of Asia Personal Loan Rates

Loan amount: ₱30,000 to ₱1 million

Loan terms: 3, 6, 12, 18, 24, or 36 months

Minimal requirements: No collateral fee and no pre-termination fee

Payment options: Post-dated checks