Avail of a GE Money Bank personal loan in our Alabang, Ayala, Greenhills, Libis, Salcedo, Shangri-La, Ortigas, Pioneer, The Fort or Tomas Morato branches and get your cash in 4 hours! Qualifications: - Regularly employed in a Top 3000 Corporation
- With at least two (2) years employment in current employer
- Must be an officer or in a supervisory position
- At least P30,000 monthly gross income
- At least 21 years old but not more than 65 years old at loan maturity
- Filipino citizen
- With residence or office landline*
*Proof of residence is required if no residence landline is indicated or residence address on ID does not match residence address. Requirements: - Completely filled-out P-loan application form
- Photocopy of one (1) valid ID with clear photo and signature
- Photocopy of latest BIR Form 2316
- Original latest one (1) month payslip
The 4-hour P-loan is initially available at the following GE Money Bank branches: Ayala, Salcedo, The Fort, Ortigas and Tomas Morato. The 4-hour P-loan will be processed during regular banking hours from 9AM to 4PM only. Cut off time for submission of requirements is at 4PM. Fees and Charges: - Processing fee of P1,500 to be deducted from the loan proceeds
- Documentary Stamp Tax of P1 for every P200, only for loans above P250,000
- Late Payment Fee: 3% of overdue amount of P500, whichever is higher
- Early Settlement Fee: 5% of remaining balance of P1,000, whichever is higher
AMORTIZATION TABLE | | | 6 months | 12 months | 18 months | 24 months | 36 months | | Loan Amount | Monthly Amortization | 40,000 | NA | 3,930 | 2,598 | 2,343 | 1,788 | | 50,000 | NA | 4,912 | 3,573 | 2,929 | 2,234 | | 100,000 | NA | 9,824 | 7,146 | 5,857 | 4,468 | | 250,000 | NA | 24,559 | 17,864 | 14,642 | 11,170 | | 300,000 | NA | 29,470 | 21,437 | 17,470 | 13,404 | | 500,000 | NA | 48,117 | 35,728 | 29,284 | 22,339 | *Interest and charges are subject to change without prior notice. All applications will be subject to the bank’s existing credit policies and procedures | | |