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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 23 to 60 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
  • Must be with the current company for at least one (1) year 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 25 to 60 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
  • Business must be registered and in existence of operation for at least three (3) years for Trading and Services Industry or five (5) years for other industries
  • With office and home landline and/or mobile number
  • Must be a credit cardholder
  • Must be 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.

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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 All-Day Access 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, All-Day Access 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 All-Day Access Card Number and the loan amount to be paid.
  • Keep a copy of the receipt for record purposes.

via Online Banking (for CTBC BANK All-Day Access 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 All-Day Access Card Number (4215 XXXX XXXX XXXX) 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.

via Mobile Banking (powered by: i•can)

  • How to register:

    For BancNet Mobile Banking Non-Users

    • Log on to www.bancnetonline.com and choose your preferred bank.
    • Click the 'I Agree' in the Terms and Conditions, and choose 'Mobile Banking Registration'.
    • Key-in your ATM Card Number and Member Number (if required by your bank).
    • Choose your preferred GSM Mobile Prefix followed by your mobile number.
    • Click on the i•can tick box and using your mouse, key-in your PIN.
    • Click the 'Submit' button.
    • Customer will get a thank you message from BancNet together with your Mobile PIN (MPIN).
    • Upon completing the above registration steps, customer will receive a text message on his mobile phone containing the download link (URL) for i•can.
    • On your mobile phone, click on the download link (URL) to install this on your mobile phone. Please make sure that the GPRS settings of your mobile phone are activated.
    • Depending on the model of your mobile phone, the i•can logo may be viewed under the (1) Installations Folder; (2) Applications Folder; (3) Games Folder.

    For Existing BancNet Mobile Banking Users

    Option 1 (via BancNet Mobile Shopping Facility)

    • Text ican<space><reg><space><Account Key>and send to 2960.
    • Customer will receive a text message on his mobile phone containing the Download Link (URL) for i•can.
    • On your mobile phone, click on the Download Link (URL) to install this on your mobile phone. Please make sure that the GPRS settings of your mobile phone are activated.
    • Depending on the model of your mobile phone, the i•can logo may be viewed under the (1) Installations Folder; (2) Applications Folder; (3) Games Folder.

    Option 2 (via i•can website)

    • Visit www.i-canworldwide.com and click on 'Register'. Enter required information and click the 'Submit' button.
    • Customer will receive a text message on his mobile phone containing the Download Link (URL) for i•can.
    • On your mobile phone, click on the Download Link (URL) to install this on your mobile phone. Please make sure that the GPRS settings of your mobile phone are activated.
    • Depending on the model of your mobile phone, the i•can logo may be viewed under the (1) Installations Folder; (2) Applications Folder; (3) Games Folder.
  • How to pay:

    Note: Connect first to your mobile internet to start your transaction.

    • Go to Installations/Games/Tools folder and choose i•can Mobile Shopping.
    • For first time use, please activate the applet.
    • Choose 'Select Options' to start making your payment.
    • Choose 'Pay Loan'.
    • Select your source account by clicking the left/right button. Enter your MPIN, amount you wish to pay and the account number. Scroll down and choose 'Next' once done.
    • Review your transaction details and click 'OK' to confirm.
    • You will receive a confirmation message upon successful transaction.

BancNet Mobile Shopping Facility* runs on all Mobile Information Device Profile (MIDP)** version 2.0 or higher Java-capable phones. Use of this service is FREE (for WiFi capable phones) except for GPRS charges.

* Powered by: i•can

** Most mobile phones issued from 2005 and up

Salary Stretch loan payments are also accepted in all CTBC BANK branches nationwide.

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