Go from waiting for it to having it!
2. Time to review
3. Other conditions
|Product Name:||Maybank Enable Personal Loan|
|Minimum Amount of Loan:||PHP50,000.00|
|Maximum Amount of Loan:||PHP1,000,000.00|
|Minimum Loan Tenure:||12 months|
|Maximum Loan Tenure:||36 months|
Eligibility and Requirements
|Age Range of Borrower:||21-65 years old|
|Minimum Annual Income:||PHP300,000.00|
|Income Requirement Remarks:||At least ₱25,000.00 monthly income for employed or ₱200,000 for self-employed|
|Employment / Work Status:||Permanent Employee for 2 years / 5 years Business Operations for Self-employed|
|Borrower has to have Credit Card:||Yes|
|Need to Open Linked Bank Account:||Yes|
Application and Approval
|Approval Duration:||Up to 5-10 working days|
Fees and Charges/Penalties
|Loan Processing and Dispersal Fees:||Processing fee: ₱2,000.00 / Stamp duty: ₱1.00 for every ₱200.00 in excess of ₱250,000.00 of the loan amount|
|Early Repayment Penalty:||None if you have inform the bank one month ahead.|
|Late Payment Penalty:||5.00% p.a. on any balance outstanding|
Interest Rates Offered
|Product Name:||Interest Rate||Effective Interest Rate||Interest Type|
|Maybank Enable Personal Loan - 12-36 months||15.60%||Monthly Rate|
|Need to open linked banked account?||Yes|
About Maybank Philippines Inc. (Maybank)
Maybank was established in 1960 it has grown from then to become the largest firm in Malaysia. In 2000 the bank was ranked one of the top 500 companies globally by Forbes. It is also the 5th top firm in ASEAN and now ranked 83rd in the world.
Maybank offers various products and services to its consumers. They include Islamic banking, Offshore banking, trustee services, asset management, leasing, commercial banking, investment banking, venture capital, stockbroking among others.
History of the Maybank
Maybank was established by Khoo Tech Puat and Oei Tjong le in 1960. The bank later grew and within 3 years it had opened 150 branches in the country. The intitution was being led by Amirsham Abdul Aziz as the president and CEO at that time. However, Aziz served from 2002 to March 2008.
He later left the bank when he was appointed a Minister in the government. Maybank was later lead by Dato’ Sir Abdul Wahid Omar after Aziz left. He has been the president and CEO of the firm from March 2008 to June 2013.
In the same year on August 2nd the deputy president Abdul Farid Alias took over and he has been the CEO and president of the corporation.
Before acquiring financial assistance from Maybank ensure you have a good score. The score should be above 600 for you to qualify and then the loan is approved within 5 to 10 days.
There are various kinds of personal loans you can apply for. For example, one can request for persona or auto loans. The personal loan is given at fixed monthly repayments. This means you can pay back the loan within, 12, 18, 24 or 36 months.
The amount of loan you can apply for ranges from PHP500, 000 to PHP1, 000,000. When it comes to Auto loan Maybank offers this particular loan on used and new cars. The vehicle should be up to 10 years for the loan to cover it. The institution will make a minimum down payment of 30% on used cars and in a new car, it will be 20%.
The interest rate for this kind of loan is 15.60% and the loan tenure is 1 to 3 years. On the other hand, if there is a late payment you will attack 5.00% p.a on any outstanding balance. There are also other requirements that one should meet such as age, the income you are making monthly, a citizen among others.
Main branches and ATMs of the Maybank
Maybank has grown over the years and has various branches all over the nation and globally. The main branches are found in Malaysia, Singapore, and the Philippines. In Malaysia, the bank has 393 branches and over 2,500 ATM’s.
When it comes to Singapore the financial institution has 22 branches and 27 ATMs while in the Philippines the bank has 79 branches and 50 ATMs. The bank has also branches in London, Bahrain, New York, and Hong Kong.
Ownership (property) and owners of the Maybank
Maybank has established its presence both locally and globally. This has seen the institution having assets worth USD 188 billion as of 2017. The assets are expected to grow over the year. The bank also has a total income as of 2017 was USD 2.93 billion.
Puan Fauziah Hisham was appointed director of Maybank Philippines in September 2018 and then elected chairman in April 2019. She is also an Independent, Non-Executive Director of the Maybank Group and serves as a member of the Risk Management Committee, Nomination and Remuneration Committee and Credit Review Committee.
She has over 30 years of banking experience and is an Associate Member of the Institute of UK Certified Secretaries and Administrators. She has worked in this area her entire life and has extensive experience.
Her banking career started at The Chase Manhattan Bank in Malaysia. Her last position was as Executive Director and Chief Executive Officer, which she held for four years.
Puan Fauziah also serves on the Board of Hengyuan Refining Company Berhad, HBOC Technologies Sdn Berhad and Agensi Kaunseling dan Pengurusan Kredit (AKPK).
Maybank in social networks
- Address: Maybank Corporate Center 7th Avenue cor 28th Street Bonifacio Global City, Taguig City Metro Manila 1634
- Phone: +632 8588 3888; 1800 10 8588 3888
- Email: [email protected]
|Number||Office address||Mode of operation||Company name|
|1||A. Mabini||Tel No 8526 - 0666 to 67
|2||Alaminos|| Tel No (075) 551 - 3368
|3||Angeles City|| Tel No(045) 405-0182
|4||Aqua Planet - Clark|
|5||Asian Institute of Maritime Studies|
|6||Ayala - Alabang|| Tel No 8842 - 9473
|7||Ayala Avenue||Tel No 02-82409145
|8||Bacolod|| Tel No (034) 435 - 0050
|9||Bago|| Tel No (034) 461 - 0358
|10||Baguio|| Tel No (074) 423 - 3571
|11||Batangas City|| Tel No (043) 980 - 1032
|12||Bel-air|| Tel No 8890 - 4679 to 80
|13||BGC Performing Arts. Offsite ATM|
|14||Biñan|| Tel No (049) 511 - 3032
|15||Binondo|| Tel No 8247 - 4576
|16||Butuan City|| Tel No (085) 341-0224
|17||Cabanatuan|| Tel No (044) 463 - 0726
|18||Cainta Branch|| Tel No 8875-7906
|19||Calapan City||Tel No(043) 288-1729
|20||Caloocan||Tel No 8364 - 5545
|21||CDO Business Center||Tel No (088) 857 - 4439
|22||Cebu - Angelica . Offsite ATM|
|23||Cebu Business Center||Tel No (032) 520 - 5038
|24||Cebu Downtown||Tel No (032) 412 - 0433
|25||Cebu Lahug||Branch, ATM|| Tel No (032) 512 - 0454
|26||Cebu - Mandaue||Tel No (032) 268 - 0829
|27||Clark4 Branch, ATM, Auto Lending Center|
|28||Cubao||Tel No 8911 - 6770
|29||Dagupan||Tel No (075) 523 - 1194
|30||Davao Business Center||Tel No (02) 8359-2709
|31||Davao - Lanang||Tel No(082) 233-1357
|32||Davao - Monteverde4 Branch, ATM, Auto Lending Center|
|33||Davao San Pedro||Tel No (02) 8861-5509
|34||Del Monte||Tel No 8365 - 0855
|35||Diosdado Macapagal International Airport. Offsite ATM|
|36||Dumaguete City||Tel No (035) 522-0962
|37||Edsa Caloocan|| Tel No (02) 8287-0288
|39||FOTON Subic. Offsite ATM|
|40||Global City - 32nd Street||Tel No 8478 - 9499
|41||Global City - Burgos Circle||Tel No 8403 - 5485
|42||Greenhills||Tel No 8721 - 6163
|43||Guagua|| Tel No(045) 900 - 4107
|44||Hagonoy||Tel No (044) 793 - 0007
|45||Iloilo||Tel No (033) 337 - 9067
|46||Iloilo Jaro||Tel No (033) 503 - 2602
|47||Imus||Tel No (046) 502-1803
|48||Katipunan Avenue||Tel No 7738-6031
|49||Laoag|| Tel No (077) 772 - 0050
|50||Las Piñas||Tel No 8874 - 0670
|51||La Union||Tel No (072) 607-3523
|52||Legaspi Towers||Tel No 8521 - 6166 to 67
|53||Legazpi City||Tel No (052)742-0450
|54||Lipa||Tel No (043) 702 - 1599
|55||Lucena||Tel No (042) 660 - 2188
|56||Main Office||Tel No 8478-1155|| Banking Hours/
|Monday to Friday 09:00 AM - 06:00 PM/ Saturday 01:00 PM - 04:00 PM
|57||Makati Avenue||Tel No 8553 - 8115 to 17
|58||Malabon||8990 - 4057 to 59
|59||Manila Ocean Park. Offsite ATM|
|60||Marikina||Tel No 8571-7104
|61||McKinley Hill||Tel No 8822 - 0063
|62||Meycauayan||Tel No (044) 840 - 8710
|63||Naga4 Branch, ATM, Auto Lending|
|64||Newport City||Tel No 8556 - 8582|| Banking Hours / Monday to Friday 09:00 AM - 05:00PM
|65||Newport Maxims 1. Offsite ATM|
|66||Newport Maxims 2. Offsite ATM|
|67||Newport Remington. Offsite ATM|
|68||Ortigas||Tel No 8706 - 5270
|69||PMSH, Guagua. Offsite ATM|
|70||Resorts World Branch||Tel No 8831-3267|| Banking Hours/ Open 24/7
|71||Roxas||Tel No (036) 621 - 0561
|72||Royce Hotel Clark. Offsite ATM|
|73||Rufino||Tel No 8856 - 5972
|74||San Fernando4 Branch, ATM, Business Center|
|75||San Juan||Tel No 8724 - 3247
|76||Santa Rosa Estates||Tel No (049) 530-9628
|77||Santiago Isabela||Tel No (078) 305 - 3089
|78||Sheraton Manila. Offsite ATM|
|79||Sta. Rosa||Tel No (049) 534 - 1019
|80||Subic||Tel No (047) 250-3537
|81||Sucat - Parañaque||Tel No 8822- 1781
|82||Tacloban||Tel No (053) 523-1514
|83||Tarlac|| Tel No (045) 309 - 0392
|84||Tomas Morato|| Tel No 8929 - 8816
|85||Toyota La Union. Offsite ATM|
|86||United Asia Automotive Group Inc. (Foton)|
|87||United Auctioneers Inc.|
|89||Valenzuela|| Tel No 8293 - 6483
|90||Vigan|| Tel No (077) 722 - 2836
|91||Winford Hotel and Casino. Offsite ATM|
|92||Zamboanga|| Tel No (062) 992 - 6772
You must be a Filipino citizen, at least 23 years of age, but not older than 65 years after the expiry of the loan.
Your home or business address must be in any region of the bank.
You must have the following contact numbers: a landline, office or business phone and a mobile phone number.
If you work, you must have worked for your current employer for at least 2 years and receive a minimum basic salary of P25,000. Your employer/company must be one of the 7000 best companies in the Philippines.
If you are a professional or self-employed person, you must have been in the same profession or business for at least 5 years. As a business owner, your business must have been in business for at least two consecutive years, with an average monthly income of £200,000.
You will need to furnish us with the following documents:
- Completely filled out and signed application form
- Photocopy of 2 valid IDs
- Photocopy of latest credit card billing statement
- Photocopy of latest utility billing statement with residence address
Proof of income for employed borrowers:
- Original certificate of employment with compensation or 1 month payslip
- Photocopy of latest ITR or BIR Form 2316
Proof of income for self-employed borrowers:
- SEC/DTI Certificate of Registration
- Latest 2 years ITR with BIR stamp and tax receipt
- 2 years audited financial statements
- Latest 6 months bank statements
- List of 3 major suppliers and customers
You can return it in the following ways: Cash, Online banking, Check or ATM Transfers