CHINATRUST SALARY STRETCH
LOAN FEATURES:
* LOAN AMOUNT - PHP 20,000 up to PHP 1,000,000
* INTERESTRATE
|
FOR METRO MANILA , RIZAL , CAVITE AREAS (MMR) |
12 MONTHS |
18 MONTHS |
24 MONTHS |
36 MONTHS |
| Top Corp accounts w/ loan amount less than 50k |
1.79% |
1.79% |
1.79% |
1.79% |
| Non-Top Corp accounts w/ loan amount less than 50k |
1.89% |
1.89% |
1.89% |
1.89% |
| Top or Non-Top Corp accounts w/ loan amount greater than or equal to (> =) 50K |
1.39% |
1.49% |
1.59% |
1.59% |
|
FOR NON METRO MANILA , RIZAL , CAVITE AREAS (NON-MMR) |
12 MONTHS |
18 MONTHS |
24 MONTHS |
36 MONTHS |
| Top Corp accounts w/ loan amount less than 40k |
1.79% |
1.79% |
1.79% |
1.79% |
| Non-Top Corp accounts w/ loan amount less than 40k |
1.89% |
1.89% |
1.89% |
1.89% |
| Top or Non-Top Corp accounts w/ loan amount greater than or equal to (> =) 40K |
1.39% |
1.49% |
1.59% |
1.59% |
*MONTHLY AMORTIZATION
To compute for your monthly payment:
(desired amt * rate) + (desired amt / term of payment) = monthly payment
*PROCESSING PERIOD: 2 to 3 working days for top 7,000 corp. & 5 to 7 working days for non-top corp upon submission of all documents.
*FEES AND CHARGES:
-Handling Fee:
(NOTE: All Fees and Charges shall be deducted from loan proceeds by Chinatrust Bank. NO FEE IS COLLECTED BY THE BANK OR ANY REPRESENTATIVE UPON APPLICATION.)
For applicant who are working and residing in Metro Manila, Rizal & Cavite areas:
|
MMR - Top & Non Top Corporations regardless of loan term |
Handling Fee |
|
Loan amount of 20K to 29K |
Php 1,500.00 |
|
Loan amount of 30K to 49K |
Php 2,000.00 |
|
Loan amount from 50K and above |
Php 1,500.00 |
For applicant who are working and residing outside Metro Manila, Rizal & Cavite areas
|
NON MMR - Top & Non Top Corporations regardless of loan term |
Handling Fee |
|
Loan amount of 20K to 29K |
Php 1,500.00 |
|
Loan amount of 30K to 39K |
Php 2,000.00 |
|
Loan amount from 40K and above |
Php 1,500.00 |
Documentary Stamps: Only for loans over Php 250, 000; Php 1.00 for every Php 200.00 loan of Php 250,000 above shall be charged & will be deducted from loan proceeds prior to release.
*MODE OF PAYMENT: Thru Post dated Check
(If you do not have a checking account, Chinatrust will facilitate opening one for you right before the release of your loan with a minimal fee of less than Php 200. You will need to present two (2) valid government issued ID’s. P 165 will be deducted from loan proceeds for the check book.)
