In accordance with RA No. 10173 (Data Privacy Act), I hereby consent to the collection, retention, processing, disclosure (as provided under applicable confidentiality and data privacy laws of the Philippines including all subsequent amendments or supplements there(to) of any personal, sensitive personal, and privileged information relating to me, whether provided by me or coming to the China Banking Corporation’s (hereafter referred to as “Company”) possession, and sharing of the said personal, sensitive personal and privileged information to the Company, its offices, branches, subsidiaries and affiliates, accredited third parties/vendors, credit reporting or credit reference agencies, credit protection provider, guarantee institutions, debt collection agencies, private regulatory organizations and other financial institutions, and other outsourced service providers engaged by the Company for the purposes reasonably required by the Company, for the Company’s conduct of everyday business, and/or only if required to do so by law or in good faith belief that such action is necessary to: (a) assess my suitability for employment with the Company or any of its subsidiaries; (b) submit reports to Senior Management on recruitment strategies and demographics; (c) submit reports to government agencies; (d) use as reference when conducting reference checks; (e) conduct background/credit investigation; (f) conform to the edicts of the law or comply with legal process served on the Company and its subsidiaries; (g) protect and defend the rights or property of the Company and its subsidiaries and (h) act under exigent circumstances to protect the personal safety of users of the Company and its subsidiaries or the public.
I shall notify the Company in writing, which must be acknowledged by the Company, if I do not consent to the aforementioned processing. I further acknowledge my right to information, access, correction, rectification, erasure of my personal, sensitive personal and privileged information, data portability, objection to processing and to file complaint under the Data Privacy Act. I agree that the Company may retain my personal information for as long as necessary for the fulfilment of the purpose for which it was collected and such other purposes that I may have consented from time to time, as required by pertinent laws and regulations, and provide information when required to do so in accordance with applicable laws, by court order, and jurisprudence.
If I provide the Company with any personal information relating to a third party (e.g. reference information, et.al.), I warrant to the Company that I have obtained the recorded consent of such third party to provide the Company with the third party’s personal information for the relevant purposes and can upon the Company’s consent request, submit the same for inspection.
I agree that the Company shall not be liable for any loss or damage arising from the Company’s disclosure of personal information for the above purposes.
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Benefits of China Bank SalaryPlus to the Employees
Get Your Company Accredited Now!
Post Company Accreditation Requirements
Minimum Loanable Amount: PHP 15,000Maximum Loanable Amount: PHP 1 MillionPayment Terms: Up to 36 MonthsApproval Time: 2-3 Banking DaysLoan Terms: 6, 12, 18, 24 and 36 months
Employee-Borrower Eligibility Requirements
Loan Application Documentary Requirements
Email: firstname.lastname@example.orgTel. Nos: 8885 5555 locals: 6172-6175
How to Apply for a SalaryPlus
Step 1: Find out if your Company is accredited.Step 2: Submit the accomplished application form together with the requirements to your Company HR or Relationship Manager.
Loan proceeds will be credited to your China Bank payroll account within 2-3 banking days upon receipt of duly signed Promissory Note and Disclosure Statement.
Please contact Multi-Purpose Loans Division for the updated interest rate.
Salary loan payment will be through salary deduction in a fixed amortization.
Your monthly repayment will be dependent on the approved amount and tenor of your loan. Interest shall be computed based on the outstanding balance of the loan at the beginning of an interest period. An amortization schedule and disclosure statement will be provided upon loan approval. To have an estimate of possible monthly amortization, you may refer to the sample loan amortization table available thru your HR or your Relationship Officer.
You may choose to re-avail the loan anytime via a.) New Loan or b.) Loan Top-up, subject to your company’s endorsement and bank’s final approval. For Top-up, the loan balance of the existing loan will be consolidated with the new loan application.
Contact your Relationship Officer for consultation. After, you may proceed with the reloan or top up by submitting the requirements together with your application form through your HR. Reloan is subject to the bank's credit review and approval.
You may choose to pre-pay or pre-terminate your loan anytime, without any charges or fees. If you choose to pre-terminate the loan, the interest that will be collected will be up until the day you fully paid the loan. Please reach us thru email@example.com or your Relationship Officer for the pay-off computation.
In accordance with the Debit Authority, you signed, your last pay will be remitted to China Bank to effect partial or full payment of the loan. If insufficient, your account may be converted to a regular personal loan and the interest rate will be adjusted to the prevailing commercial interest rate subject to the bank’s review and approval.
If your loan has been converted to a regular personal loan due to resignation and insufficient last pay, you may pay via over-the-counter at any nearest China Bank Branch or via online bank transfer. Please contact your Relationship Officer for the details.