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Salary Stretch Loan For Individuals

Brief Description

CTBC Bank Salary Stretch Loan for individuals is a short-term or mid-term multi-purpose unsecured loan for salaried and self-employed segments. Loan repayment under this program is through Post-Dated Checks (PDCs).

Eligibility Criteria

  • Must be between 25 and 65 years old* upon loan maturity
  • With minimum gross monthly income of PhP15,000. for Metro Manila-based applicants or PhP10,000. for provincial-based applicants within the Bank's serviceable area
  • Must have at least six (6) months work tenure with current employer or a total of two (2) years working experience, including work on a regular / permanent status
  • With office landline
  • Must be a Filipino citizen

Note: Qualifications may vary subject to the Bank's terms and policies.

*61 to 65 years old upon loan maturity may be allowed if verified with employer that retirement age is 65 years old. Borrowers who are more than 60 years old upon loan maturity must also submit a photocopy of a Credit Life Insurance.

  • Must be between 25 and 65 years old upon loan maturity
  • With minimum gross monthly income of PhP15,000. for Metro Manila-based applicants or PhP10,000. for provincial-based applicants within the Bank's serviceable area
  • Have a business registered in existence of operation for at least three (3) years for Service Industries or five (5) years for Trading and other industries
  • With office and home landline and/or mobile number
  • Must be a credit cardholder
  • Must be a Filipino citizen
  • Must be between 25 and 65* years old upon loan maturity
  • With minimum gross monthly income of PhP25,000.00 and working within the Bank's serviceable area
  • Employed with the current employer for at least two (2) years on a regular/permanent status
  • Have a hospital landline and residence landline or mobile number
  • A Filipino citizen

*If verified retirement age of company is 65 years old, otherwise 60 years old. Borrowers more than 60 years old (but not more than 65 years old) upon loan maturity must submit a Credit Life Insurance.

  • Must be between 25 and 65 years old upon loan maturity
  • With minimum gross monthly income of PhP25,000.00 and working within the Bank's serviceable area
  • Must be a registered doctor/dentist for at least three (3) years based on Professional Regulatory Commission (PRC) ID
  • Have a clinic and residence landline or mobile number (for clinic-based doctors)
  • Must have a rsidence landline and mobile number (for consultants)
  • A Filipino citizen

Requirements

  • Completely filled out application form
  • Photocopy of latest ITR / BIR Form 2316
  • Photocopy of ID issued by the employer (with photo and signature)
  • Photocopy of one (1) month latest payslip

Original copies of the requirements may be required prior to loan release. Other documents may also be required by the Bank.

  • Completely filled out application form
  • Photocopy of latest BIR Form 1701 / 1702
  • Photocopy of unexpired Certificate of Registration from the Department of Trade and Industry (DTI)
  • Photocopy of latest two (2) months credit card statements
  • Photocopy of latest six (6) months bank statements of account/s
  • Photocopy of the face of credit card
  • Photocopy of two (2) government-issued IDs with photo

Original copies of the requirements may be required prior to loan release. Other documents may also be required by the Bank.

  • Completely filled out application form
  • Photocopy of company / hospital ID
  • Photocopy of PRC ID or Proof of Renewal
  • Photocopy of latest one (1) month payslip
  • Photocopy of Credit Card / Bank Clearance or Certification (if applicable)

Original copies of the requirements may be required prior to loan release. Other documents may also be required by the Bank.

  • Completely filled out application form
  • Photocopy of company / hospital ID
  • Photocopy of PRC ID or Proof of Renewal
  • Photocopy of One (1) valid goverment-issued ID
  • Photocopy of latest three (3) months bank statements
  • Photocopy of Credit Card / Bank Clearance or Certification (if applicable)

Original copies of the requirements may be required prior to loan release. Other documents may also be required by the Bank.

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Getting your loan

What to expect when getting your CTBC Bank Salary Stretch Personal Loan

Your approved salary loan will be released via the CTBC Bank Visa Cash Card. You may also opt for other forms of loan disbursement:

  • Credit to your CTBC Bank account
  • Via Manager’s Check
  • Credit to your other Bank account

More Channels to Pay for your Salary Stretch Personal Loan

Know how and where to pay your CTBC Bank Salary Stretch Loan:

UnionBank Branches

  • Fill out the Bills Payment Form with your name, either your 12-digit loan account number, CTBC Bank Visa Cash Card Number or CASA Account Number, and the amount to be paid.
  • Present the Bills Payment Form and payment to the teller and wait for validation.
  • Keep a copy of your receipt for record purposes.

Note: Payments coursed through UnionBank branches are posted on the same day.

BancNet Channels

via ATM

  • Insert your BancNet ATM card and enter your Personal Identification Number (PIN).
  • Select your Account Type (Savings or Checking).
  • Select 'Bills Payment', then choose 'Loans'.
  • From the selection menu, select 'CTBC Bank Salary Stretch' as the biller/institution.
  • Key-in your 16-digit CTBC Bank Visa Cash Card Number and the loan amount to be paid.
  • Keep a copy of the receipt for record purposes.

via Online Banking (for CTBC Bank Visa Cash Card holders only)

  • Go to www.bancnetonline.com and select your bank of account.
  • Click 'I Agree' in the Terms and Conditions.
  • Select 'Payment'.
  • Using the drop down menu, select 'CTBC Bank Salary Stretch' as the biller/institution, then key-in your 16-digit CTBC Bank Visa Cash Card Number in the Account Number field.
  • Enter your BancNet ATM card number, select the Account Type where the payment will be deducted and key-in the loan amount to be paid.
  • Using your mouse, click on the PIN pad and enter your PIN. Then, click 'Submit'.
  • Once you verified that all details are correct, click 'Ok'.
  • Remember to keep your trace number for record purposes.

ECPay-accredited Payment Merchants (e.g. 7-Eleven, Gaisano Grand Malls, LCC, METRO, Ever Supermarket, etc.)

  • Fill out the Bills Payment form* with your Name, Account Reference Number (either your Promissory Note Number, CTBC Bank Cash Card Number or CASA Number), and the amount to be paid.
  • Loan payment is on cash basis only.
  • Keep the copy of the receipt for record purposes.

*In the absence of a Bills Payment form, the Cashier will ask you to provide your loan account details.

Salary Stretch loan payments are also accepted in all CTBC Bank Business Centers nationwide.

Important Reminder:
Settle your loan payment three (3) working days before your due date.