CIMB Personal Loan – review 2026
Pros
- Monthly add-on rate starts at a competitive 1.12%
- Fully app-based process with no branch visit required
- Repayment terms up to 60 months lower the monthly installment
- Licensed and supervised by the BSP as a digital bank
Cons
- Top-end rate can reach 1.95% depending on borrower risk assessment
- Minimum loan amount of PHP 30,000, higher than most app-only lenders
- No physical branch network for applicants who prefer in-person support
CIMB Bank Philippines runs as a fully digital bank licensed by the BSP, offering personal loans from PHP 30,000 to PHP 1,000,000 that are applied for entirely through the CIMB Bank PH mobile app. Monthly add-on rates start at 1.12%, among the more competitive entry points in the market, and the bank's automated credit engine can return a conditional approval within minutes for qualified applicants.
Who it suits
Smartphone-comfortable borrowers who want bank-grade pricing without a branch visit are the core audience. Repayment terms extend up to 60 months, which lowers the monthly installment compared with many bank and digital competitors, making this a useful option for borrowers who prioritize cash-flow flexibility over the shortest total interest cost.
Applying and repayment
The entire process — identity verification, income upload and e-signature — happens inside the CIMB app. Approved funds are disbursed to the borrower's CIMB or linked bank account, and repayment is collected monthly via auto-debit or manual payment through the app.
Requirements
- Filipino citizen, 21 to 60 years old (varies by CIMB policy)
- Valid government ID for digital identity verification
- Proof of income such as payslips, bank statements or COE uploaded in-app
- Existing Philippine bank account for fund disbursement
- Smartphone with the CIMB Bank PH app installed
Provider contacts
- Name
- CIMB Bank Philippines, Inc.
- Address
- 10th Floor, Ayala North Exchange, Ayala Avenue, Makati City, Philippines
- Reg. number
- BSP Digital Bank License
- Website
- https://www.cimbbank.com.ph
- Online application
- Apply now →
- Regulator
- Bangko Sentral ng Pilipinas (BSP)
Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.