Teacher Bank Loans from China Bank Savings
It’s great to see banking institutions lend financial help to our teachers who are foremost the front-liners in education. With that being said in uncertain times like these in our pandemic-stricken country, China Bank Savings is offering teacher loans.
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Check the teacher loans amortization table below for the desired amount you plan to avail.
Prepare the necessary documents
- 3 Months Original Latest Payslips September to November or December 2020 if already available. (Payslips will be returned right after cash disbursement. (1 payslip will do as long as the current month and original.)
2. Photocopy of the following, must be back to back.
Permanent Appointment
2 Valid ids Deped/School ID, PRC or any government-issued IDs.(with 3 specimen signatures)
3. Personal DepEd Email – for verification purposes
4. 1 Year In Service as Regular or Permanent – this could issued by a service record and a written notice as regular or permanent employee signed by your School Head, or School Principal.
Teacher Bank Loans Features and Benefits
7.5% per annum 6% service charge per DepEd MoA, NO TERMINATION FEE.
No comaker required.
Free life insurance by Manulife
Look for NOLI S. UYANGUREN, Marketing Specialist (APDLG), ChinaBank Savings Inc.
About China Bank Savings
CBS began operations on September 8, 2008, following the acquisition of Manila Bank by China Bank in 2007. Subsequent mergers with Unity Bank and Planters Development Bank have bolstered CBS’ position as a leading thrift bank in the industry.
With 162 branches nationwide and a strong platform for retail banking, auto, housing, teachers, and enterprise finance, CBS is dedicated to servicing the needs of entry-level customers, the broad consumer market, and the strategic Small and Medium Enterprise (SME) sector. CBS is committed to promoting financial inclusiveness, and uplifting the quality of consumers and entrepreneurs in line with its Easy Banking for You brand of service.
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Products and Services
China Bank Savings provides value-enhancing, customer-driven solutions through your preferred channels.
- Deposits and Placements
- Consumer Finance
- Housing Finance
- Auto Finance
- SME Finance
- ATM and Payroll Services
- Cash Management Services
- APD Salary Loan
- Mobile App
Vision
To be the leading savings bank preferred by the markets we serve.
Mission
As the leading savings bank, we deliver the best in banking, thus: We provide wealth-building and practical products and services that fulfill the dreams and uplift the markets we serve. We value our employees by nurturing, developing, and rewarding them, as they are vital to our success. We maintain the highest ethical standards through good corporate governance; deliver maximum and sustainable returns for our shareholders, and serve our communities to help promote better lives.
Our Core Values
In doing business, China Bank Savings is guided by these values.
- Integrity. Doing the right thing to everyone at all times.
- Teamwork. We work together in harmony and we respect each other to achieve our shared goals.
- The pursuit of Excellence. We have high-performance standards that exceed the expectations of our customers and shareholders.
- Customer Focus. We build and maintain solid and lasting relationships that result in customer loyalty.
- Concern for People. We provide an equitable, respectful, and safe working environment for all our employees.
- Fairness and Firmness. We make decisions free from discrimination and we are resolute in our decisions.
Hello. I need to.onow more about thos details. Apparently my sister applied for loan from chinabank and she’s a teacher. She renewed her loan on feb 2021 and unfortunately she died on aug 9 2021. I want to know more details about the insurance since no one from the bank wants to answer any question about it.
Kindly contact the bank about this?