Personal Loan Free 1-Month Installment

• This promo is open to customers that will apply for Personal Loan (maximum of one month after the campaign period) with minimum of 36 months loan tenor within the campaign period.​
• For a CIMB Bank PH Customer to be considered eligible (the “Eligible Participant/s”) for this Campaign, the Customer must fulfill ALL of the following conditions (the “Qualifying Criteria”):​
  1. Must receive the SMS and EDM Campaign message during the Campaign Period;​
  2. Must submit a complete Personal Loan application with a minimum loan term of thirty-six (36) months on the CIMB Bank PH mobile application (“Mobile App”) which must be approved by the Bank on or before December 30, 2025;​
  3. Must opt-in with the Bank’s Credit Group Life insurance during the Campaign Period, and such CGL insurance coverage must remain active until the Personal Loan’s seventh installment due date; and​
  4. Must pay the first six (6) monthly Personal Loan installments on or before their respective due dates. Only successful, completed, on time payment in CIMB Bank’s system will be considered. Any delay or failed transaction within the campaign period will not be counted regardless of any cause of the delay or failure.​
• Upon meeting the Qualifying Criteria under Section 3 and the conditions of payment below, the Eligible Participant shall be entitled to a 1-month free installment, which shall be computed based on the monthly loan amortization/installment on the Personal Loan availed of under this Campaign, which shall be credited to the Eligible Participant’s Personal Loan account after the sixth (6th) month installment due date but no later than the seventh monthly installment due date (the “Reward”), less 20% withholding tax, provided that the Eligible Participant’s Personal Loan account is ACTIVE and and NOT DELINQUENT, BLOCKED, and/or CLOSED at the time of crediting.​
• CIMB Bank reserves the right to withdraw the waiver of installment if the transaction is found to be invalid even if the reward has already been credited. This is also true and valid for payments that are cancelled, refunded, declined and voided by the customer or from other payment channels​.
• The Bank reserves the right to not credit the reward or withdraw from customers account who are fraudulent, invalid transaction and abuse of system​.
• The waiver of installment will be credited to customer provided that the valid account/s MUST NOT be delinquent, blocked and/or closed at the time of crediting​.
• The waiver of installment shall be credited only to the customer’s Personal loan account regardless of any request from the customer or any other person to credit it to the customer’s other accounts or third accounts, whether or not held at CIMB Bank PH or any other banks.

The total installment amount to be waived is equals to your regular monthly installment stated on your loan contract. 

Scenario 1: PHP 50K loan amount at 36 months

Scenario 2: PHP 50K loan amount at 36 months

Scenario 3: PHP 50K loan amount at 36 months

Note:

• Pay your 1st to 6th month installment on or before due date. Missing your due date will cause disqualification from the promo.​

• Keep your Insurance active to maximize your protection. If the insurance is canceled on the 7th month, this will cause disqualification from the promo.