EastWest Personal Loan

> About EastWest Personal Loan

Whatever your dreams and desires are, EastWest Bank Personal Loan is the quick and easy financial solution that helps you get the cash you need. EastWest Bank Personal Loan is an unsecured and non-collateralized consumer loan that is granted to qualified individuals for their personal use. This loan facility is multi-purpose and comes in affordable fixed equal monthly installments.

Enjoy the following benefits of EastWest Bank Personal Loan:

  • Multi-purpose – Versatile loan facility designed to suit your needs
    • Young Adult – Buy or accessorize your car / buy gadgets
    • Family Formation – Plan your wedding / fund your children's education / plan a vacation
    • Family Maturity – Celebrate special milestones / home improvement / pay-off bills
    • Retirement – Settle your medical bills
  • No Co-maker, No Collateral Requirement – Cash solution for all your needs. Increase your financial flexibility through loanable amounts ranging from Php25,000 to Php2,000,000 (subject to our approval).
  • Flexible Terms – Choose among our payment terms 12, 18, 24 and 36 months to make your installments very affordable.
  • Competitive Interest Rates – Manage your cash flow and enjoy low interest rates. See table of Interest Rates below.
  • Convenient and Fast Processing – Apply within the comfort of your home or office. In addition, get your loan proceeds via Manager's Check or credit to your EastWest Bank nominated account.
    • Pick up at the Head office – The bank will release the loan proceeds by issuing a Manager's Check. The client is required to pick up the check from the head office of EastWest Bank.
    • Delivery and Deposit to Account – A messenger will deliver the loan documents to the client's delivery address for sign-off and pick up the Post-Dated Checks. Requirements will be returned to the head office. If all requirements are complete, the loan proceeds will be deposited to the client's account.

      *Delivery option is available for selected areas with a minimal delivery fee.

Table of Interest Rates

With Existing Credit Card for at least 9 Months
Tenor Monthly Rate Factor Rate Contractual Interest Rate Effective Interest Rate*
12 months 1.49% 0.0982333 31.51% p.a. 41.67% p.a.
18 months 1.59% 0.0714556 33.54% p.a. 42.93% p.a.
24 months 1.59% 0.0575667 33.19% p.a. 41.62% p.a.
36 months 1.69% 0.0446778 34.01% p.a. 41.94% p.a.

Without Credit Card/With Credit Card less than 9 Months
Tenor Monthly Rate Factor Rate Contractual Interest Rate Effective Interest Rate*
12 months 1.89% 0.1022333 39.53% p.a. 53.21% p.a.
18 months 1.89% 0.0744556 39.39% p.a. 51.33% p.a.
24 months 1.89% 0.0605667 38.85% p.a. 49.68% p.a.
36 months 1.89% 0.0466778 37.53% p.a. 46.92% p.a.

*Based on Loan Amount of Php100,000 and Processing Fee of Php1,900. Per BSP Circular No.730, EIR is the rate that exactly discounts estimated future cash flow through the life of the loan to the net amount of loan proceeds. It is the rate that best measures the true cost of credit.

Processing of application will take 5 to 7 banking days. Release of loan proceeds to the client will take another 2 banking days for pick up and 2 to 4 banking days for the delivery and deposit to account option.


For more information:

Visit any EastWest Store.

Call 24-Hour Customer Service at (+632) 8888-1700

Email us at csloans@eastwestbanker.com.