No Cash Out means you won't be paying for the handset or device during application/availment.
In absence of PROOF OF FINANCIAL CAPACITY (POFC), you might be asked to pay 1 month advance MSF and 6 months pre-payment of MSF. Turn-Around-Time for postpaid application usually takes within 5 days; feedback within 3 days.
if you work in BPO industry, you are required to submit POFC and pay 1 month advance MSF + 6 months pre-payment of MSF or POFC + credit card auto-charge enrollment + Charging of 1 month advance MSF from your credit card.
Thanks for the in-depth response, Jey!