Personal Loans in the Philippines

Personal loans from Philippine banks and financial institutions allow borrowers to access unsecured financing for any purpose, from medical expenses to home improvements. Leading providers include BDO, BPI, Metrobank, Security Bank and digital lender

Found 8 reviews

Bank of the Philippine Islands offers a personal loan with one of the lowest fixed monthly rates among major Philippine commercial banks at 1.20%, covering amounts from PHP 20,000 to PHP 2,000,000. Th…

  • Competitive 1.20% monthly add-on rate among major banks
  • Fully digital application for existing BPI clients
4.5
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BDO Unibank offers one of the most widely accessible personal loan products in the Philippines, with loan amounts from PHP 10,000 to PHP 2,000,000 and a fixed monthly add-on rate of 1.30%. Application…

  • Loan amounts up to PHP 2,000,000
  • Fixed 1.30% monthly add-on rate for predictable repayments
4.4
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CIMB Bank Philippines operates as a fully digital bank licensed by the BSP, offering personal loans from PHP 30,000 to PHP 1,000,000 applied for entirely through the CIMB Bank PH mobile app. Monthly a…

  • Fully digital application via mobile app
  • Competitive rates from 1.12% monthly
4.3
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Metropolitan Bank and Trust Company provides personal loans of up to PHP 2,000,000 with monthly add-on rates starting at 1.50%, targeting salaried employees and self-employed professionals with establ…

  • Large branch network for in-person support
  • Loans up to PHP 2,000,000
4.2
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Security Bank Corporation offers personal loans from PHP 30,000 to PHP 2,000,000 with a monthly add-on rate range of 1.39% to 1.89% depending on loan tenor and borrower profile. Applications are accep…

  • Competitive rates from 1.39% monthly
  • Fully online application for accredited company employees
4.2
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Tonik Digital Bank, the first neobank licensed by the BSP in the Philippines, provides personal loans from PHP 5,000 to PHP 50,000 with monthly interest rates between 4.99% and 6.99%, disbursed entire…

  • Fastest approval among BSP-licensed banks – same day
  • Accepts applicants with limited credit history
4.1
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Maybank Philippines, a subsidiary of Malaysia's Maybank Group, offers personal loans from PHP 50,000 to PHP 1,000,000 with monthly add-on rates ranging from 1.30% to 1.80%, targeting employed professi…

  • Part of established ASEAN banking group
  • Competitive rates starting at 1.30% monthly
4.0
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Rizal Commercial Banking Corporation offers personal loans from PHP 50,000 to PHP 1,000,000 with monthly add-on rates from 1.30%, available to salaried employees and self-employed individuals who meet…

  • Established BSP-regulated commercial bank
  • Rates from 1.30% monthly
4.0
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Guide: Personal Loans in the Philippines

Personal loans from Philippine banks and financial institutions allow borrowers to access unsecured financing for any purpose, from medical expenses to home improvements. Leading providers include BDO, BPI, Metrobank, Security Bank and digital lenders offering fully online applications. Interest rates typically range from 1.2% to 1.8% per month depending on the lender and the borrower's credit profile.