• RCBC Personal Loan

    RCBC Personal Loan

    Expenses are an inevitable part of any person’s life, irrespective of whether you live independently or as part of a family. While some expenses are predictable, there are others which arise out of need, on special occasions or even due to unforeseen circumstances. That is where personal loans rescue the day. And speaking of personal loans, the RCBC Savings Bank Personal Loan by the Rizal Commercial Banking Corporation deserves a special mention due to the features it offers.


    You’re probably eligible for an RCBC Personal Loan if you are

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    RCBC Personal Loan Minimum Age

    At least 21 years old

    RCBC Personal Loan Maximum Age

    Less than 60 years old

    RCBC Personal Loan Eligible Employment Type

    Salaried or self-employed
    with regular income

    RCBC Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your RCBC Personal Loan amount eligibility is based on these factors

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    RCBC Personal Loan Minimum Salary

    Minimum income required
    P20000 per month

    RCBC Personal Loan Maximum Loan Funded

    Maximum allowed personal loan is P1,000,000

    RCBC Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligibility for Bank Personal Loan amount by these steps

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    RCBC Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    RCBC Personal Loan Tenure

    Choose longer tenure loan up to 3 years


    Documentation needed to apply for RCBC Personal Loan

    • 1.Duly filled Accomplished Application form
    • 2.Copy of the most recent credit card bill
    • 3.Copy of two valid ID’s
    • 4.Documentation for salaried applicants: (Anyone)
      • Original Certificate of Employment or salary slip for the last 2 months
      • Copy of Latest Income Tax Return
    • 5. Documentation for self Employed applicants:
      • Copy of previous 2 years financial statements along with Income Tax Returns
      • Copy of Business Registration Documents

    RCBC Personal Loan DetailsUpdated on 05 Dec 2016

    RCBC Personal Loan Details
    Tenure 6months - 3 years

    RCBC Savings Bank Personal Loan

    The RCBC Savings Bank Personal Loan may be used to take care of various expenses like paying off credit card bills, medical expenses, academic expenses (tuition fees, study material, etc.), vacation expenses, for purchase of expensive gadgets computers, TV’s, notebooks, etc.), re-furnishing of interiors and more.

    Features of RCBC Personal Loan

    • Flexible Payment Terms: You can choose the option of either paying off the loan within the minimum term of 6 months with a minimal interest rate or pay it off over a convenient maximum period as long as 36 months with low monthly amortizations.
    • Ease of Payment: Customers can pay their monthly amortization from the comfort of their home by simply opening a CBC Savings Bank Checking account.
    • Financial Counselling: Customers taking a loan worth a minimum of P100,000 can choose to receive financial advice about how they can best settle their expenses and save money.
    • Maximum & Minimum Loan Amount: Customers can avail this loan for a minimum amount of P100,000 and a maximum amount of P500,000, both of which are subject to the borrowing capacity of the applicant.

    RCBC Personal Loan Eligibility

    General Criteria

    • Customers currently holding MasterCard, Visa, Amex, JCB credit cards with a minimum membership of 2 years

    • Have own or rented a residence for a minimum of two years

    Salaried Applicants

    • Should be earning a minimum income of at least P20,000 per month

    • Should have worked at least for 2 years in the current company

    • Designation should be at least middle management

    • The employer should be among top 10,000 corporations in the country.

    Self Employed Applicants

    • Should be running a successful business operations for at least 5 years

    • The business should be profitable in the last two years

    RCBC Personal Loan Requirements

    Salaried Applicants

    • Duly filled and signed Application Form

    • 2 valid IDs issued by government agencies

    • Latest Income Tax Return (ITR)

    • Latest credit card statement and 1 utility bill for address proof

    • COE (Certificate of Employment) or 2 months payslip

    Self Employed Applicants

    • Duly filled and signed Application Form

    • Business Papers (Copy)

    • Latest Utility Bill

    • Latest credit card statement (1 month)

    • ITR (Income Tax Return) and two financial statements

    • Last 6 months bank statements

    Interest Rates & Fees

    Details of interest rates and fees will be communicated to you at the time of applying for a Personal Loan. Since rates and charges are subject to frequent change, RCBC does not host the rate chart on their official website. For further details on the latest interest rates, please contact the customer care on (+632) 555 - 8 - RSB (555 - 8772).

    FAQ's about RCBC Personal Loan

    1. I am looking forward to signing up for a Personal Loan from RCBC since my loan has been approved. How do I make the monthly amortization payments?
    2. You can go for ADA (Auto Debit Arrangement) where monthly amortization payments are automatically debited from your bank account every month. For this purpose, RCBC lets you open a bank account with them so that payments are hassle free.

    3. Am I free to choose a term of my choice with RCBC Personal Loan?
    4. Yes, you are free to choose a tenor of your choice as the bank provides flexibility to choose up 36 months for repayment of loan in monthly amortizations. Lower the term, lesser the interest charges. The term option starts at 6 months.

    5. Can you please throw some light on the minimum and maximum loan amount one can available under the “My Cash” Personal Loan offer from RCBC?
    6. Depending on your eligibility, the minimum loan amount you can take out is P50,000 with an upper cap of P1,000,000.

    7. How do I contact the Personal Loan Department of RCBC. Is there a dedicated line?
    8. Yes, RCBC does maintain dedicated phone lines to deal with personal loan queries. You can call them on 555-8700 local 7260 ; 7261 ; 7262.

    9. What are the other loan products offered by RCBC under its consumer lending portfolio?
    10. Apart from personal loans, the bank also offers Housing, Auto & SME loans under its retail lending portfolio.

    Other Products from RCBC

    News About RCBC Personal Loan

    • RCBC Doubles its Medium Term Note Program

      The board of directors at Rizal Commercial Banking Corp.(RCBC) has given the approval for doubling the size of the medium term note program. By increasing the note program from $1 billion to $2 billion, RCBC aims at gaining easier access into the international capital market. The Yuchegco-owned bank intends to strengthen its funds by utilizing the bank’s financial instruments and variety of currencies. The fund proceeds would be channeled towards general corporate uses, participation in infrastructure deals and refinancing operations.

      RCBC had introduced a $1 billion euro medium term note in 2011. Lorenzo Tan, RCBC CEO and President had stated that the bank displayed a healthy growth with a robust net income and core income. With a planned focus on recurring and less cyclical revenue sources, the bank has managed to strengthen its core businesses.

      02nd March 2016

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