Salary Loans (Private Sector)

Employer-facilitated salary loans and payroll deduction loans for private sector employees in the Philippines. Fast approval using employment verification.

Found 7 reviews

The Social Security System (SSS) Salary Loan is the most widely accessed government credit facility for private-sector employees in the Philippines, offering lump-sum loans at an annual interest rate …

  • Annual interest rate of only 10% – far below commercial loans
  • Repayment via automatic payroll deduction
4.6
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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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The Pag-IBIG Fund Multi-Purpose Loan (MPL) allows active Pag-IBIG Fund members to borrow up to 80% of their total accumulated value (TAV), which is equivalent to up to PHP 80,000 for many members, at …

  • Online application through Virtual Pag-IBIG portal
  • Annual rate 10.50% well below commercial lenders
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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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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Guide: Salary Loans (Private Sector)

Employer-facilitated salary loans and payroll deduction loans for private sector employees in the Philippines. Fast approval using employment verification.