Purchase anything you want!
Need help with financing your personal needs? With a BRED Bank Secured and Unsecured Personal Loan you can meet your personal needs like education, holiday, wedding, medical expense, debt consolidation, purchasing consumer durables or equipment.
Features and Benefits
• Borrowing amount depending on gross annual salary scale or as approved by Bank;
• Easy repayment with term as high as 60 months;
• Periodical payments will be set up to make direct deductions from your salary account to your loan account;
• Interest is calculated on reducing loan balance; and-
• No penalty for early repayments.
Requirements
Completed loan application form with:
• Evidence of Income.
o For salary earners
☑ 3 recent salary slips; or
☑ A confirmation letter from your employer (stating years of employment);
☑ In addition, for overseas residents, copies of last two years tax returns or group tax Certificates.
o For business owners (self-employed):
☑ The last two years Balance Sheet and Profit & Loss Statements. Interim figures may also be requested.
o In addition, for overseas businesses:
☑ The last two years company/business tax returns as well as last two years personal tax returns;
☑ Copy of latest FNPF Statements;
☑ Copy of work permit (non-residents only).
• TIN Letter, Birth certificate and Voter Registration Car or Driver’s License;
• Copy of 12 months personal account statement;
• Account with BRED Bank;
• Salary directed to BRED Bank account; and
• Any other relevant information to support your application.
How do I apply for a Personal Loan?
Get in touch with a Relationship Manager. Contact Us
Terms and Conditions apply
