How To Apply For An EastWest Personal Loan Without Leaving Home

Being in a financial crunch is hard enough and setting up loan interviews harder, but with EastWest Personal loan you can apply from home. These days banks are doing a whole lot more to make working with them easier.

Before, you had to walk into a bank, meet the representative of the bank, sign forms and so on and so forth before you could get a loan. Today, you can do all that from the comfort of your home. Banks like EastWest allow you to apply for loans online.

There are quite a number of advantages to being able to apply for a loan from home especially given the recent health crisis. Next, we’re looking into what you need to know about applying for an EastWest loan.How To Apply For An EastWest Personal Loan Without Leaving Home

What Are EastWest Bank Loans?

Other than personal loans, EastWest Bank offers a number of loans to their clients. The good thing about loans being offered by this bank is that they are quite advantageous. You have ample time to get the payments done and the interest rate here is usually a good fit.

The loans range from, personal, loans and other loans. They all have good rates and you have to have good credit if you’re to get any of the loans. There are other specifics that you have to meet, but you can learn about that later on.

Benefits of a Personal Loan With EastWest Bank

One of the major advantages of getting a personal loan from EastWest bank is that you don’t have to be an account holder with the bank to get a loan. You can borrow from as little as PHP25,000 to as high as PHP 2,000,000.

If you’re a bank credit cardholder, your interest rate will likely be lower. The longer you’ve had your credit card the better when it comes to interest. There are also options on payback. You can decide from 12 months to as long as 36 months for installments.

The other advantage you get when you apply for a personal loan with this bank is that you get fast approval for the loan. You can get approval for the loan within three to five days if your application is successful. It then takes around four days for your loan to be disbursed.

Requirements To Apply For A Personal Loan

Like other banks, you have to meet certain requirements before you can even think of applying for a loan here. First, you have to be either a Philippines citizen or resident. You also have to be at least 21 years old and not more than 65 years upon the maturity of the loan.

You need to have an income if you’re to qualify for a loan with EastWest Bank. Your earning should be around PHP 15,000 and PHP 180,000. Your income has to be proven through your payslip and bank statements. There are other requirements that you have to meet and documents to provide, you can find them through this link.

How To Apply For An EastWest Personal Loan

You can easily apply for a personal loan with EastWest today from the comfort of your home, as stated before. You can visit the bank’s official website and begin your application today. You can also use this link to go straight to the loan form and begin your application.

Once you get to the site, the application shouldn’t take you more than 5 minutes to get the form filled out. Carefully read through the form and make sure you answer all the questions correctly, as any false information may lead to you not getting a loan.

How To Apply For An EastWest Personal Loan Without Leaving Home

Rates and Fees

When it comes to an EastWest bank personal loan, there are a variety of fees involved. First, there is a processing fee of Php1,900. Then, there is a Documentary Stamp Tax of Php1.50 for every Php200.00, unless the loan amount is over Php250,000.

The late fee is Php500 per month or 8% per month of the past due amount, whichever is higher. Similarly, if you want to pay off the loan early, you will have to pay Php500 or 8% of the outstanding principal balance, whichever is higher.

There is also a returned check fee of Php1,000.

If you have an existing credit card with the bank for at least 12 months, you can receive an interest rate between 31.51% and 34.01%. However, if you do not have an existing card, your rate will fall between 37.53% and 39.53%.

How To Contact The Bank

If you would like to speak to the bank directly, you can call (+632) 8888-1700. You can also find their main office at The Beaufort, 5th Avenue corner 23rd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines.


Getting a loan has never been as easy as it is today. As long as you’ve got an internet connection and a mobile device you are all set to go. Just remember to get all your documents together before you start to fill out the application.

Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.