RCBC
About RCBC
RCBC began in 1960 as Rizal Development Bank, founded by Alfonso T. Yuchengco. It expanded from development banking into financial services for individual and business clients.
Company background
Personal Loan
RCBC offers ₱20,000–₱5 million over 3–60 months. Its public calculator uses 0.9% monthly add-on interest; the approved offer depends on credit assessment.
Minimum requirements
- Age 21–70 at maturity. Permanent employees: gross monthly income ₱15,000 WITH credit history, ₱25,000 without.
- Business applicants: two profitable years, existing card or credit history, and three months bank statements.
Documents
- Signed application, one government ID and income evidence: ITR/2316, employment certificate or payslips, as applicable.
Repayment and costs
- Employees: ₱15,000 with credit history, ₱25,000 without. Credit history is not identical to holding a card.
Auto Loan
RCBC lists auto finance in its loan range. Request a quotation for the exact vehicle and down payment.
Minimum requirements
- Age 21+ at application and no older than 70 at maturity. Filipino/dual citizenship, or qualifying special visa.
- Employees: one year employment, OFWs: two consecutive years abroad. Business owners: two profitable years.
Documents
- Employees: application, COE or ITR, two government IDs, TIN and utility bill. Business applicants: registration, audited statements and ITR or bank statements.
Repayment and costs
- Regular and Plus variants show 20% down payment. Flexilite displays 0% subject to its own conditions.
Home Loan
RCBC lists housing finance. Compare the initial fixing period, repricing terms and property-related charges.
Minimum requirements
- Age 21+ at application, no older than 70 at maturity. Filipino/dual citizen, foreign applicants must be married to a Filipino.
- Employees: two years employment and ₱40,000 gross monthly income. OFWs: two consecutive years abroad. Business: two profitable years.
- Employed: minimum monthly income ₱40,000.
Documents
- Application, property title and tax declaration, construction needs a bill of materials. Income, identification and business records depend on applicant type.
Repayment and costs
- ₱300,000 is the build/renovate minimum. Purchase minimum is ₱1 million, the broad category filter cannot distinguish the purpose.
If you cannot repay on time
Contact RCBC before the payment date with your loan reference, the reason for the shortfall and a realistic payment proposal. Ask which assistance options apply to your account and request the revised dates, charges and total payable in writing. Continue using the agreed schedule until the company confirms a change.
Repayment help