Compare Personal Loans in the Philippines (2025): Low Rates, Fast Approval

Compare top personal loans in the Philippines from major banks and digital lenders. See loan amounts, terms, indicative pricing, and standout features, then choose the offer that fits your budget and timeline.

Quick comparison (at a glance)

Note: “Monthly add-on” differs from effective annual cost (ACR/EIR). Always compare total cost including fees.

How to choose a personal loan

• Compare total cost, not just the rate. Look for the Annual Contractual Rate (ACR/EIR) and fees (processing, DST, late fees).
• Match the tenor to your use-case. Renovations & big purchases fit 24–60 months; short-term needs fit shorter tenors.
• Check eligibility upfront. Some banks require a minimum income, existing credit card, or landline.
• Read the Disclosure Statement. This shows the exact amortization, fees, and effective cost.

UnionBank Personal Loan

Best for: larger amounts with a fully digital journey.

• Loan amount & terms: up to ₱2,000,000; flexible terms up to 60 months.
• Indicative pricing: annual loan rate for new-to-bank customers around 25%–36% (ACR), subject to evaluation.
• Standouts: fast digital processing and disbursement to your UnionBank account.

Good to know: Review the bank’s payment guide and Disclosure Statement for fees (processing/DST) and effective annual cost.

Finbro Personal Loan

Best for: small, fast, fully online cash needs.

• Loan amount & terms: ₱1,000–₱50,000; up to 12 months.
• Indicative pricing: displayed during application; depends on your profile and repayment plan.
• Standouts: simple in-app flow; flexible “minimum payment” extension options.

Good to know: Always review the loan Disclosure Statement and repayment schedule in your Finbro account before confirming.

Metrobank Personal Loan

Best for: transparent bank pricing with clear ACR examples.

• Loan amount & terms: up to ₱2,000,000 (subject to evaluation); 12/18/24/36 months.
• Indicative pricing: monthly add-on from 1.25%–1.75%; sample ACRs ~25.98%–36.74% with fees disclosed.
• Standouts: calculator, fee breakdown (processing fee, DST thresholds, late fees), and clear disclosures.

BPI Personal Loan

Best for: high loan caps with flexible tenors.

• Loan amount & terms: ₱20,000–₱3,000,000; 12–36 months (incl. 30 months).
• Indicative pricing: maximum ACR 28.67%; one-time ₱1,500 processing fee; DST applies above thresholds.
• Standouts: auto-debit payments; fast funding to a BPI account.

PSBank Flexi Personal Loan (with Prime Rebate)

Best for: flexibility to revolve or convert to term while earning rebates on advance/excess payments.

• Product type: unsecured credit line with revolving and fixed-term modes.
• Indicative pricing: posted rate 2.5% per month (subject to change).
• Standouts: Prime Rebate automatically credits savings on due dates when you pay early or above the minimum.

EasyRFC (Radiowealth) Multi-Purpose Loan

Best for: multi-purpose financing via a lending company.

• Loan amount & terms: product-dependent; official cash-loan ranges commonly ~₱10,000–₱5,000,000.
• Collateral: many products accept OR/CR (vehicle) or TCT (real estate) as collateral; requirements vary.
• Standouts: quick processing, multiple loan types and calculators.

CTBC Bank Salary Stretch Personal Loan

Best for: employed/self-employed borrowers seeking a bank loan with clear eligibility guidance.

• Loan amount & terms: commonly up to ~₱1,000,000; 12/18/24/36 months (check current CTBC terms).
• Indicative pricing: monthly add-on often ~1.39%–1.79% (profile- and promo-dependent).
• Eligibility: age/income/tenure and documentation requirements differ for salaried vs. self-employed.

Equicom Savings Bank Personal Loan

Best for: higher-ticket needs with fixed repayments.

• Loan amount & terms: ₱100,000–₱5,000,000; 6–36 months.
• Indicative pricing: monthly add-on set by the bank at approval; no collateral required.
• Standouts: quick application, fixed monthly repayments, and clear eligibility criteria.

RCBC Pasado Loan

Best for: collateral-free, digitally accessible bank loan via Pasado Portal/partners.

• Loan amount & terms: ₱20,000–₱500,000; 6 or 12 months.
• Indicative pricing: monthly interest ~1.58%–2.83% (approx. EIR 19%–34%).
• Standouts: 24/7 availability; apply via Pasado Portal and select partner channels.

Tonik Quick Loan (Credit Builder)

Best for: fast, app-based borrowing designed to help build credit history.

• Loan amount & terms: up to ₱20,000; 6/9/12 months.
• Indicative pricing: shown in-app; Tonik positions this as an “affordable monthly add-on” product.
• Standouts: simple eligibility steps in-app; fast approval and disbursement to your Tonik account.

Kviku Cash Loan

Best for: short-term, fully online installment/cash loans.

• Loan amount & terms: amounts and tenor shown during application (offers typically run ~60–180 days).
• Indicative pricing: daily interest is disclosed in-app (example calculations are provided on the app listing).
• Standouts: quick application; multiple repayment channels (including e-wallets/billers).

FAQs & key definitions

Monthly add-on vs. ACR/EIR

Monthly add-on charges interest on original principal each month; ACR/EIR annualizes total cost and typically includes fees. Use ACR/EIR for apples-to-apples comparisons.

Common fees

• Processing/disbursement fee (often deducted from proceeds)
• Documentary Stamp Tax (DST) for larger loans (e.g., above ₱250k)
• Late fees and pre-termination fees (varies by lender)

Eligibility tips

• Check income and employment tenure requirements before applying.
• Some banks require an existing credit card (often for self-employed).
• Prepare valid IDs, payslips/ITR, and proof of billing; self-employed typically need business docs.

Reminder: Always verify the latest rates, fees, and requirements on the lender’s official page before you proceed.