OCTO by CIMB Bank in the Philippines
CIMB Bank is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region. The group operates under several entities, which include CIMB Investment Bank, CIMB Bank, CIMB Islamic, […]
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Leading
Nazir Razak, Chairman Zafrul Aziz, Chief Executive Officer
Shareholders
CIMB Islamic - 100%
Product Features
| Min. financing amount | ₱ 10000 |
| Max.financing amount | ₱ 1000000 |
| Min. loan tenure | 12 months |
| Max. loan tenure | 60 months |
Credit
Personal loan
Rates: From 1,95% per month to 3% per month
Monthly income (minimum): 15 000 PHP
Minimum loan amount: 30 000 PHP
Maximum loan amount: 1 000 000 PHP
Payment terms: 12-60 months
Approval time: 10 minutes
Calculate loanBorrower Requirements
Eligibility:
– At least 21 years old at the time of application but not more than 65 years old upon loan maturity
Сitizenship:
– Must be a Filipino Citizen
If Employed:
– Minimum gross monthly income – 15 000 PHP
If Self-employed:
– With at least two (2) continuous years of profitable operations in the same line of business
– Minimum gross monthly income – 30 000 PHP
Deposited
GSave Account
| Opening amount | up to 100 000 PHP |
| Interest rate | 4,1% |
| Term | for 12 months |
UpSave Account
| Opening amount | No minimum balance required to earn interest |
| Interest rate | 4 % |
Fast & Fast Plus Account
Open a savings account with CIMB Bank in just 10 minutes using your mobile phone. Fast, simple, and easy – the way banking should be. Download the CIMB Bank PH app on your mobile phone and open a Fast Account today!
ACCOUNT FEATURES
– Open a savings account in just 10 minutes on your mobile phone
– No initial deposit or maintaining balance required
– Attractive yearly interest rate of 0.5% p.a.
– Withdraw from 20,000+ ATMs nationwide for FREE
– A Visa PayWave ATM debit card will be delivered to the address you provided once you accumulate a deposit of 1 000 PHP
FAQ
Initial approval of a Personal credit application can be done from 30 minutes to 1 day. Final approval takes on average from 24 hours to 5 days. You just need to make sure your documents are completed when you submit them.
Credit funds can be issued immediately after the application is approved or 1-3 banking days after a successful phone check.
You do not require any collateral or guarantor to apply for a Personal loan.
When applying for a loan, you will be asked to choose a payment method. If you decide to transfer funds to a bank account, loan proceeds will be paid immediately after loan approval. If you chose to disburse to other banks, your loan proceeds will be disbursed within 2 business days upon loan approval.
No, you don’t need to report money spent. You can use the money for a variety of personal needs, such as training, hospitalization, car upgrades, and paying bills.
Contacts
| Full company name | CIMB Group Holdings Berhad |
| Address | N/A |
| Phone number | + 632-8-924-2462 |
| N/A | |
| Social networks |
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CIMB Bank is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region.
The group operates under several entities, which include CIMB Investment Bank, CIMB Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International and CIMB Thai. The group’s business activities are primarily in the areas of Consumer Banking, Wholesale Banking, comprising Investment Banking and Corporate Banking, Treasury & Markets, and Group Strategy & Strategic Investments, with its core markets being Malaysia, Indonesia, Singapore and Thailand. CIMB Islamic operates in parallel with these businesses, in line with the group’s dual banking model.
The group has over 40,000 employees located in 18 countries, covering ASEAN and major global financial centres, as well as countries in which its customers have significant business and investment dealings.
The group’s geographical reach and its products and services are complemented by partnerships. Its partners include the Principal Financial Group, Bank of Tokyo-Mitsubishi UFJ, Standard Bank and Daewoo Securities, among others.
Users rating
Reviews
mr
am willing to apply a loan with your bank
