Appliance Loan

Requirements:

Loan Amount 11k to 40k

1. Age 21-60
2. Valid email address
3. Valid mobile number
4. 1 valid ID
5. a. For employed: Regular employee 6 months employed regular status
   b. For business owner: operating profitably for 6 months
6. Latest Proof of Billing (water, electricity, credit card, internet plans)

Loan Amount 41k to 100k (non digital)

1. Applicant need to submit proof of income
2. a. For employed: 1 full month payslip
   b. For Business owners: Business permit/proof of transactions
3. For Recipient of remittance: remittance documents and proof of relationship from sender

Additional Requirements

1. Price Quotation: The Price quotation of the gadget/appliance to be purchased from the store must me uploaded in Loan Processing Systemm (LPS with EKYC) or Documentation Portal (non-EKYC).
2. Down Payment: Customers will be required to put up at least ten percent (10%) of the total price of the item to be purchased. This amount can go higher depending on the credit evaluation.
3. Official Receipt/Sales invoice of the item bought: Branches must secure a copy of the official receipt of the item bought by the customer. The OR/SI must be uploaded to the portal.