*Rate may very per customer
For Self-Employed Applicants
For Employed Applicants (Any)
- Latest Income Tax Return (ITR) with BIR stamp/Form 2316
- Certificate of Employment and Income or Latest 1-Month Payslip
For Self-Employed Applicants
Visit any RCBC branch to apply.
CLIENT authorizes RCBC to collect payments through automatic debit arrangement (ADA) based on the signed Personal Loan application form. CLIENTmay also opt to enroll at a later time through any means deemed acceptable by RCBC. In connection thereto, CLIENT agrees that: (i) RCBC shall automatically charge/debit, without need of any further act from him/her, the due amount (“Debit Amount”) on the due dates stated in the disclosure statement and/or amortization schedule or on the next/nearest working day thereto or if the due date falls on a holiday, weekend or on a date when certain maintenance activities are being performed on the debiting system then on the next/nearest working day when the debiting system is properly functioning (“Debit Date”) from his/her designated deposit account as indicated in his/herapplication form (“Debit Account”), which will be applied to the payment of his/her loan; (ii) if the funds in my Debit Account are insufficient to cover the due amount on a Debit Date, RCBC shall cancel the debiting of the Debit Amount; (iii) RCBC may debit additional amounts as may be necessary as payment for past due amounts (iv) in case of his/her death, RCBCmay charge the Debit Amount to the Debit Account, regardless of the Debit Date and without prejudice to RCBC’s right to recover the full amount of his/herobligations on the Personal Loan from his/herestate and/or heirs, successors or assigns; (v) his/herrequest for ADA enrollment and any future request for disenrollment shall be subject to RCBC’s prior consent and confirmation; and (vi) the Debit Account and all debits authorized in his/herADA enrollment are further governed by RCBC’s applicable terms and conditions, policies, and procedures, his/herconsent to which is hereby affirmed. RCBC has no obligation to debit CLIENT’sDebit Account if the outstanding balance thereon is insufficient, unavailable, or has not been cleared, in which case he/she shall be liable to pay the penalty charge on all overdue amounts. CLIENT hereby agrees to indemnify and hold RCBC its directors, officers and representatives, free and harmless from any claims, liability and/or damage arising out or of in connection with the exercise of the authority granted under the ADA.