Required Documents for Loans


  • One (1) Valid unexpired national photo identification 
  • One (1) valid proof of address (deed, recent utility bill, tax assessment or financial institution/bank statement)

Salaried Individuals:

  • Letter of employment and Pay slip(s) showing the most recent full monthly income

Commissioned Income:

  • Letter of employment and last 6 months pay slips

Self Employed Individuals:

  • Business registration / License, and most recent Annual Return (as applicable), and
  • Income documents, e.g., Income Tax Returns (last 2 years) or Audited Financial Statements(last 2 years), and six  (6) months bank statements

Credit Approval

  • Source of downpayment – account statement, letter signed by donor& borrower if a gift
  • Proof of assets in the name of the Borrower: Statements showing investments or bank statements, copy of land title or motor vehicle title, Pension Statements, Last valuation of property
  • Proof of Liabilities in the name of the Borrower: Credit card, Loan or Mortgage statement

Additional Credit Approval Documents – Automobile Loans

  • Agreement of Sale or Agreement of Purchase
  • Motor Vehicle Documents: Copy of Title,  sale agreement from current owner, if pre-owned or dealer sold- sales invoice
  • Roll on Roll off – deregistration certification – (if applicable) 
  • Title search (where applicable) 
  • Valuation report (used vehicles)
  • Transferred motor vehicle registration, receipt from office evidencing transfer
  • Any other to support loan purpose

Closing and Disbursement

  • Comprehensive insurance policy assigned in favor of the bank
  • Signed application document
  • Evidence of application processing fees and closing costs(held in account)

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