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PSBank OFW Loan
PSBank, a subsidiary of Metrobank Group, offers OFW personal loans from PHP 20,000 to PHP 500,000 at monthly add-on rates from 1.39%, accepting POEA-processed contracts and remittance records as income documentation. Applications can be submitted at PSBank branches nationwide, with a beneficiary or attorney-in-fact authorized to process on the OFW's behalf within the Philippines. PSBank is a BSP-supervised thrift bank and part of the GT Capital Holdings financial group.
Conditions summary
| Loan amount | ₱20,000 – ₱500,000 |
|---|---|
| Interest rate (p.a.) | 1.39 % – 1.80 % |
| Repayment term | 12 – 36 months |
| Approval | 7-10 banking days |
| Type | Online |
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