Personal Loan in Eastwest Bank: Loan Calculator, Requirements, Review

Personal Loan in Eastwest Bank: Loan Calculator, Requirements, Review

What is Eastwest Bank?

Eastwest Bank has been giving affordable bank and loan products to Filipinos since 1994. It is considered as one of the fastest-growing banks in the Philippines today because of its ability to offer financial needs to consumers, middle market corporates, and the public. Eastwest bank has lots of branches and network nationwide – allowing every individual to get ahold of inexpensive financial transactions and low interest rate loans.

Eastwest Bank loan, how does it work?

Personal loan in Eastwest bank is for traveling, investing, or for big purchases. It’s a multi-purpose and non-collateralized loan that will help you achieve financial freedom. The amount of loan you can get is PHP 25,000 to PHP 2 Million while the reimbursement terms can be paid by 12, 18, 24, or 36 months.

The following are the types of loan you can get in Eastwest bank:

Personal loan

Applying for a personal loan in Eastwest bank is relatively easy as compared to other traditional bank loans. And the interest rates only vary between 1.50% to 1.90% every month.

Car loan

With Eastwest bank’s car loan, the maximum amount they can financed is 80% of the principal amount of your chosen car. The minimum term is 12 months while the maximum can be up to 60 months.

Housing loan

The Housing Loan of Eastwest bank will help you achieve the house of your dreams. With up to 30 years financing terms, you can acquire a house, condo, or even a lot, depending on your needs.

Salary loan

Eastwest bank offers Salary Loan to teachers. The loan amount can be up to PHP 1,000 to PHP 50,000 payable up to 5 years.

Business loan

Eastwest bank helps you start a business by providing a working capital, real estate purchasing, expansion of operations, and more. All of which with a minimal interest rates.

How much does Eastwest Bank loans?

Personal Loans in Eastwest bank can amount to PHP 25,000 to PHP 2 Million.

Interest rates

The interest rates vary depending on the type of loan you wanted. But for the Personal Loans, you will only compensate 1.49% of interest rate per month.

How long does it take to release the loan?

The duration of approval can last up to 5 – 7 days with a processing fee of PHP 1,900.

Eastwest Bank loan benefits

With Eastwest bank loans, no collaterals are required. This means that anyone can apply as long as you pass their personal background check and credit requirements. Moreover, getting a loan with Eastwest bank allows you to experience a lighter monthly installment and lower interest rates.

How to apply for a loan in Eastwest?

To be eligible for the personal loan of Eastwest bank, an applicant must submit/must be the following:


  • A Filipino Citizen

  • 21 Years Old During Application

  • One Fixed Landline Number

  • Mobile Number

  • Gross (Basic) Monthly Income of at Least PHP 15,000

  • Duly Accomplished Eastwest Online Personal Loan Application Form

  • Photocopy of at Least One Valid Digitized Philippine ID – with Photo and Signature

  • Proof of Income and Residence

Loan calculator

Loan Calculator is available at the website of Eastwest bank for faster computation of estimated monthly repayment according to the loan’s amount and reimbursement period.

How to check for a loan status?

Once you submitted all the necessary requirements for application, you can just wait a call from a customer representative and will receive an email regarding the status of your loan.

How to make a balance inquiry?

To get a 360-degree view of your loan, you can go to Eastwest bank’s website and login. Once done, you can already check the status of your bank account as well as the amount of your personal loan. For further guidance, click this link:

How to pay for the Eastwest Bank loan?

The disbursement partners of Eastwest bank are extensive. You can pay your loan through your account on their website, through payment centers like Cebuana Lhuillier and Bayad Center, or through mobile wallet payments such as Gcash or 7-eleven outlets.

What happens with a delayed payment?

The late payment charges of personal loans in Eastwest bank is PHP 500 or 8% per month of the past due amount, whichever is higher.

Can I request a payment extension?

Yes, you can. But you will also shoulder all the taxes and fees connected to the execution of your payment extension.

Eastwest Bank, customer service

If you wish to raise a concern to Eastwest bank, you can contact them through the following contact information below:


If you want to speak to a customer service representative, the hotline number of Eastwest bank is (632) 8888-1700.

Email address

Sending an email to Eastwest bank is also another way to raise your inquiries or feedback, to do this you can email .

Eastwest Bank loan reviews

Thousands of people are referring to Eastwest bank’s financial products today. Because of their cheap interest rates with higher loan limits, many people are wanting to get ahold of a personal loan from Eastwest bank. A lot of persons also says that the transaction are fast and the representatives are friendlier than ever.

Have you used the personal loan in Eastwest Bank? Share your experience here.

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This article was updated on 21 may 2022