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How to Apply a Loan in Metrobank?

If you're an active employee, a small business owner or an active OFW (Overseas Filipino Worker), you can get or apply a loan in Metrobank. Like any other bank in the Philippines, the main information that Metrobank wants to know about you is your cashflow, your net income and your net worth. They want to know or determine if you have the capacity to pay your debt (loan). If you're just a newbie in getting a loan in Metrobank, here the basic steps to do. It's important to know these steps for you to save time and money.
Apply Loan in Metrobank

Steps in Getting a Loan In Metrobank

1.) Before going to the bank, you must prepare and secure these requirements first. You are going to submit these requirements to the bank. Requirements depends on the type of loan you want to avail. The types of loan are CAR loan, HOUSE loan or BUSINESS loan.

Requirements in getting a CAR loan
Requirements in getting a HOUSE loan
  • Signed Home Loan Application Form. Download it here: Metrobank Home Loan Application Form
  • Valid Government-issued ID
  • Passport or ACR (if Foreigner)
  • Income Tax Return or Certificate of Employment or 3 months payslips (for employees)
  • Land-based Certificate of Employment with email of employer or Sea-based Latest POEA contract (for OFWs)
  • 6 months banks statement with BOO Certification of "No Overdraft" Charges (for Business Owners)
  • Transfer of Certificate of Title or Condominium Certificate of Title (as Collateral Requirement)
  • Tax Declaration (as Collateral Requirement)
  • Contract to Sell or Reservation Agreement (if under developer tie-up only)
  • House Plans/Bill Materials/Specifications (for house construction only)
Requirements in getting a Business Loan (for owners of Small-Medium Business Enterprise or SME)
  • Signed Business Loan Application Form. You can download it here: Metrobank Business Loan Application Form
  • One valid Government-issued ID
  • Business Registration Certificate/Business Permit
  • Proof of Billing
  • Photocopy of Income Tax Return for the last 3 years
  • Photocopy of Audited Financial Statement for the last three years
  • Bank Statements for the last six months
  • Copy of Transfer Certificate of Title or Copy of Condominium Certificate of Title (Owner's Duplicate Copy)
  • Certificate of Placement
  • Update Tax Declaration
  • Vicinity Map/Location plan/Lot plan and Bill of Materials (if for construction)
2.) If you have all the requirements needed in a certain type of loan, you can go to any Metrobank branch or to your Metrobank branch of account.
3.) The bank will process your application, verify all the information you submit. Processing takes several days. You will be contacted if your loan is approved.
  • Don't hesitate to ask questions to the bank. If needed, you can write down your concerns or questions before going to the bank. Some of the questions you may want to know might be about the interest rates, term of loan, monthly payments, etc.
  • Make sure you have the capacity to pay your loan before you apply for it. It means that you have enough net income or enough allocation of your net income to pay our loan. Or you have enough assets to liquidate in order to pay your loan.
Do you want to avail a loan in Metrobank? Tell us in the comment below.

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"How to Apply a Loan in Metrobank?" was written by Mary under the Banking category. It has been read 10175 times and generated 0 comments. The article was created on and updated on 01 August 2015.
Total comments : 10
Bethany Joy Perocho [Entry]

Hi, I bought a land in the Philippines, i"m a dual citizen, I wnat to convert this land to a resort, what are my requirements to acquire a loan from the bank? Thank you.
Jhonnalou ponce [Entry]

How can avail personal loan 09330225719
Ferddie Galicia [Entry]

Hello good day,

How can I apply personal loan for OFW I am working here in United Arab Emirates.
Please send me all the requirements to my email.

Thank you
jayson c. salonga [Entry]

How to apply personal loan
Jeruel Sarmiento [Entry]

Hello and Good Day

I just want to ask regarding the requirements for OFW loan, I am working in Qatar
and I am at home now for vacation.
What is the requirements to avail the loan.

Thank you


odelon santos [Entry]

hi how can i avail a personal loan using collateral my land title??
heres my contact#09369094358
Katrina M. Pitogo [Entry]

Hi, I want to apply a credit card and this is my first time to apply. I don't have any existing credit card/ I am not a credit card holder. I tried to apply a credit card in other bank but they require a credit card holder. Can I apply ? Hope you can answer my inquiry thank you.
Lea dulce akamine [Entry]

I want to avail for your business loan for the development of my poultry business in the philippines i am currently living in japan and my business is being manage by my brother whose also my budiness partner please give me more indormation regarding this inquiry
Lea dulce akamine [Entry]

i want to inquire of how to apply for business loan i live here in japan being martied to a japanese ,but i have a poultry business in the philippines that iwant to expand through building a tunnel built poultry ,but dont have the necessary fund,please give me more information of how to apply to your business loan
Sarah [Entry]

would like to know how much is the interest rate for car loans?