Cash Mart - Loan Application FAQs

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Loan Application

Who Can Apply?
Must be at least 21 to 50 years old
A Filipino citizen currently living in Metro Manila, Bataan, Batangas, Bulacan, Cavite, Laguna, Pampanga, Rizal, Tagaytay, Tarlac, or Zambales.
Currently employed, self-employed, or OFW/Seafarer’s Allottee


What Are The REquirements
To qualify for any of the loans, you must meet the following eligibility:

Two proof of billings (Meralco, water bill, cable, internet, or PLDT bills)
Company ID
Latest one-month payslip
At least one valid government ID:
Driver’s License
NBI Clearance
Police clearance
Postal ID
Voter’s ID
UMID
OFW ID
TIN Card
Firearms License

How to Apply?
It only takes 3 Steps

Simply fill out the online application form. Be sure you have filled inaccurate information to save process time UP TO 500%.
Expect a call from our friendly officers for validation of required documents.
Get your cash deposited into your bank account an hour after your personal loan is approved.

How Much Can I Borrow?
You may borrow from P5,000 up to P50,000.

How Long Is The Loan Process?
Cash Mart Asia just made it EASY! We will process your application as soon as you submit your online loan application. Just ensure that you have filled up all the information in your application form and upload all the required documents. Expect the money transferred to your bank account within 1 WORKING DAY!

How Much Is The Interest Rate?
Cash Mart offers a competitive rate of as low as 3.5% depending on your loan terms (weekly, bi-weekly or monthly). Not only that, we offer flexible repayment plans that fit your needs.

I'm A Seafarer"s Allottee, Can I Also Apply For A Loan?
Definitely, YES.

What Are The Qualifications For Seafarer's Allottee Loan?
Must be at least 21 years old
Should be a first-degree relative or dependent of the seafarer
A Filipino citizen

What Are The Requirements For Seafarer's Loan?
Here are the Seafarer’s Allottee Loan Requirements:

Seaman’s Passport
Seaman’s Book
Seafarer’s Registration Certificate (SRC)
Seafarer’s Overseas Employment Certificate (OEC)
Seafarer’s Employment Contract with POEA validation
2 Proof of billing
2 Valid IDs (allottee)- Either 2 government IDs or one government ID and an employment/student ID
Proof of relationship
Birth certificate if the seafarer is your parent, daughter/son, or sibling
Marriage contract if the seafarer is your spouse
Proof of allotment (under allottee name) – latest Allotment slip or Certificate of Allotment from the shipping company/agency

What Are The Qualifications For OFW Loan?
To qualify for a loan, the OFW’s allottee must meet the following requirements:

Must be at least 21 years old
A Filipino citizen
Should be a first-degree relative or dependent of the OFW

What Are The Requirements Fow OFW Loan?
Here are the OFW Allottee Loan Requirements:

OFW’s Passport
OFW’s Working Visa
OFW’s Overseas Employment Certificate (OEC)
2 Valid ID (allottee)- Either 2 government IDs or one government ID and a Barangay Clearance
2 Proof of billing
Proof of remittance (under allottee’s name) – at least 6 months latest remittance
Proof of relationship (birth certificate or marriage contract)

Who Are Your Bank Partners?
To ensure secure transactions, we only deposit approved loans with our bank partners:

Bank of the Philippine Islands (BPI)
BPI Family Savings Bank
Banco De Oro (BDO)
Chinabank
Philippine National Bank (PNB)
EastWest Bank
Metrobank
UCPB
Union Bank (UBP)
Unionbank EON
Land Bank
Security Bank
RCBC
RCBC Savings
RCBC MyWallet
Asia United Bank (AUB)
GCash


I'm A Taxi/Grab Driver, Can I Apply For A Loan?
Definitely, YES. To qualify for a loan you must have the following requirements:
Driver’s license (Professional with restriction code 1 & 2)
Certificate of employment (Minimum of 6 months job summary for taxi drivers)
1 supporting government ID
License to drive GRAB (for Grab Drivers)
Copy of OR/CR
Provisional Authority or Certificate of Public Convenience
Weekly income summary, Summary of Payments, Net of Service Fee (For Uber/Grab)
Drivers and Operator’s Association Document (TODA) for taxi drivers
Proof of billing

How To Update My Information On Your Website?
Simply go to cashmart.ph
Click ‘Login to Your Account‘ button found in the upper right corner
Update your information and save

Why Have I Not Receive Any Status On My Application?
We’re sorry to hear that. We’re trying our best to accommodate all applications within a day. Please re-visit our website and log in to your account. Make sure all information is accurately filled out and the documents are all in order.

Cash Disbursement

When Can I Receive The Loan?
We usually process the approved loan cash disbursement within 24 hours after approval.

Where Can I Get My Approved Loan?
We will immediately deposit your approved loan to your personal bank account.

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