Compare Personal Loans in the Philippines (2025): Low Rates, Fast Approval
Updated: Jan 16, 2026
Bank Logo | Product Name | Annual Interest Rate | Monthly Repayment | Total Interest Payable | |
|---|---|---|---|---|---|
 | UnionBank Personal Loan | 1.26 % | ₱4,482 | ₱1,890 | |
 | Finbro Personal Loan | 6.00 % | ₱5,667 | ₱9,000 | |
 | Metrobank Personal Loan | 1.75 % | ₱4,604 | ₱2,625 | |
 | BPI Personal Loan | 1.35 % | ₱4,504 | ₱2,025 | |
 | PSBank Personal Loan | 1.75 % | ₱4,604 | ₱2,625 | |
 | EasyRFC Multi-Purpose Loan | 2.50 % | ₱4,792 | ₱3,750 | |
 | CTBC Bank Personal Loan | 1.39 % | ₱4,514 | ₱2,085 | |
 | Equicom Personal Loan | 1.55 % | ₱4,554 | ₱2,325 | |
 | RCBC Pasado Loan | 1.30 % | ₱4,492 | ₱1,950 | |
 | JuanHand Personal Loan | 9.00 % | ₱6,417 | ₱13,500 | |
 | Kviku Cash Loan | 4.80 % | ₱5,367 | ₱7,200 | |
 | Tonik Quick Loan | 4.84 % | ₱5,377 | ₱7,260 |
- Fast approval time—as fast as 5 minutes!
- High loan amount of up to ₱2 million
- Flexible payment terms of up to 5 years
- No collateral or guarantor needed
- Ideal for: home renovation or tuition fees
UnionBank Personal Loan Requirements for Filipinos
- Completed UnionBank personal loan application form
- Valid government-issued ID with photo and signature
- For employed borrowers:
Any of the following:
- Complete 1 month payslip in the past 2 months
- Certificate of Employment (COE) in the past 2 months
- ITR with BIR Stamp issued in 2021 onwards
- For self-employed borrowers:
- Latest ITR or BIR Form 1701
- Audited financial statements with independent auditor’s report and balance sheets and tax receipt (all pages for all documents)
UnionBank Personal Loan Requirements for Foreigners
- Alien Certificate of Registration (ACR) or valid passport
- Any proof of residency in the Philippines:
- Immigrant Certificate of Residency (ICR)
- Visa and work permit or Alien Employment Permit (AEP) with a validity of more than 1 year
- ACR I-Card with a permanent visa status or validity of more than 1 year
- Special Resident Retirement Visa (SRRV)
- Special Resident Investors Visa (SRIV)
- For expats employed in the top 2,000 companies: Employment contract or letter from the company HR printed on company letterhead with name, job title/position, and confirmation of term
- Get approved in as fast as 10 minutes.
- Flexible loan repayments up to 12 months.
- Repay your loan early with no additional fees.
- Valid government-issued ID (SSS / UMID / Driver's License / Passport / National ID / Postal ID)
- Active mobile phone number
- Borrow funds up to ₱2 million
- Get approved within 7 banking days
- Pay in 12, 18, 24, or 36 monthly installments
- Monthly add-on rate as low as 1.25%
- Ideal for: planning weddings, travel expenses
Regular Employee
- Government-issued ID
- Valid TIN / SSS / GSIS or UMID number
Self-Employed
- Government-issued ID
- Valid TIN / SSS / GSIS or UMID number
- Borrow funds up to ₱3 million
- Get approved within 5-7 banking days
- Pay in 12, 18, 24, 30, or 36 monthly installments
- Competitive interest rate at 1.2% monthly
- Ideal for: planning vacations, paying for tuition
BPI Personal Loan Requirements for Filipinos
- Valid government-issued ID with your photo and signature
- Filled-out and signed application form
- Income documents
- BPI account (once an application is queued for approval)
- Employed:
- your payslip in the last three months or your latest ITR BIR Form 2316
- Self-employed:
- Audited financial statements in the last three years or your latest ITR
- DTI/SEC Business Registration Certificate
- OFWs:
- Via agency: Most recent and unexpired signed POEA contract or employment contract with boarding date
- For direct hire:
- Most recent three months Proof of remittance
- Most recent and unexpired signed POEA Validated Information Sheet or latest POEA Overseas Employment Certificate (OEC), and latest employment contract*
- Consularized COE (if remitter is a permanent resident in the country)
*OEC exemption screenshot with OEC BM online profile is acceptable if OEC print-out is not available
- Borrow funds up to ₱250,000
- Get approved within 5 to 9 banking days
- Pay in 24 or 36 monthly installments or choose the revolving credit option with no fixed payment term
- Interest rate at 1.75% monthly for term loan and 2.5% monthly for revolving loan
- Ideal for: debt payments, emergencies
Regular Employee
- Valid TIN / SSS / GSIS or UMID number
Self-Employed
- Valid TIN / SSS / GSIS or UMID number
- Audited Financial Statements
- Fast approval time in as fast as 24 hours
- High loan amount of up to ₱150,000
- 4% monthly interest rate
- Payment term of up to 36 months
- No collateral or guarantor needed
- Ideal for: emergencies, tuition needs, travel funds
RFC Personal Loan Requirements for Filipinos
- Valid government-issued ID, proof of billing, and proof of income or business registration
- Proof of income; for self-employed - receipts and sales logbooks
- Proof of business registration for business owners - barangay or mayor’s permit
Make your financial needs a priority with an RFC Personal Loan! Borrow up to ₱150,000 with loan payments up to 12 months and get approved within 24 hours. Apply online and reach your financial goals today with Radiowealth Finance Corporation.
- Borrow money up to ₱1 million
- Get approved within 1 to 5 banking days
- Pay in 12, 18, 24, or 36 monthly installments
- Competitive interest rate at 1.39% to 1.79% monthly
- Ideal for: financial emergencies, funding hobbies
CTBC Bank Personal Loan Requirements for Filipinos
- Photocopy of valid government-issued ID with your photo and signature (two government-issued IDs for self-employed individuals and not required for self-employed doctors and consultants)
- Company ID with photo and signature for all employees, including doctors (hospital ID applicable) and those in the call center industry
- Filled-out and signed application form
- Photocopy of your latest 1 month payslip (not required for self-employed individuals)
- Photocopy of Proof of Billing with your current address
- Photocopy of latest ITR/BIR Form 2316/1701/1702 (optional for employed and self-employed individuals and not required for doctors/consultants)
- Self-employed:
- Photocopy of unexpired Certificate of Registration from DTI
- Photocopy of your latest credit card statement in the last 2 months
- Any of the following:
- Bank Certificate of at least 6 months' average daily balance (ADB) in PHP or other currencies with a 60 calendar days validity that indicates the account name and number and authorized signatory or issued by the Service Head of Branch Head with contact number
- Bank statements in the last 6 months
- Audited financial statements (optional)
- For employed doctors:
- Photocopy of PRC ID or Proof of Renewal
- If applicable, photocopy of credit card/bank clearance or certification
- For self-employed doctors/consultants:
- Photocopy of PRC ID or Proof of Renewal
- If applicable, photocopy of credit card/bank clearance or certification
- Photocopy of bank statements in the last 3 months
- Borrow money up to ₱1 million
- Pay in 12, 18, 24, 36, 48 monthly installments
- Competitive interest rate at 1.85% monthly
- No collateral or guarantor required
- Ideal for: home renovations, family vacations
Equicom Savings Bank Personal Loan Requirements for Filipinos
- Valid government-issued ID with your photo, address, and three specimen signatures
- Filled-out and signed application form
- Latest Statement of Account of your credit card
- Latest 1 month utility bill with residence address or least contract under borrower’s name
- For employed: your original payslip in the last month
- For self-employed:
- DTI/SEC Certificate of Registration
- Bank statements/passbook in the last 6 months
- Authorization to verify bank account/s
- Quick cash loan up to ₱500,000
- 24/7 access via RCBC's Diskarte app
- No collateral or guarantor needed
- Ideal for: ermergencies, travel, weddings
RCBC Pasado Loan Requirements for Filipinos
- RCBC Diskarte App
- Valid government-issued ID with photo and signature
- Get approved in as fast as 5 minutes.
- Flexible loan repayments up to 6 months.
- Repay your loan early with no additional fees.
- Valid government-issued ID (SSS / UMID / Driver's License / Passport / National ID / Postal ID)
- Active mobile phone number
- Fully automated system—get approved for your loan anytime, any day of the year
- Receive your loan in as fast as 15 minutes
- Pay your loan from anywhere
- 180 day loan tenure
- Valid government-issued ID (SSS / UMID / Driver's License / Passport / National ID / Postal ID)
- Active mobile phone number
- Speedy loan approvals—as fast as 1 hour!
- Flexible payment terms up to 12 months
- Flexible due date schedule
- No collateral and credit history required
- Monthly add-on interest rate as low as 4.26%
- Ideal for: emergency travel, tuition fees
Regular Employee
- Government-issued ID
- Deposit account (Tonik account)
Frequently Asked Questions (FAQs)
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Processing or disbursement fee, often deducted from the loan proceeds
-
Documentary Stamp Tax (DST), typically applied to larger loans (e.g., loans above ₱250,000)
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Late payment fees and pre-termination fees, which vary by lender
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Review the lender’s income and employment tenure requirements in advance
-
Some banks require an existing credit card, especially for self-employed applicants
-
Prepare required documents such as valid government IDs, payslips or ITR, and proof of billing
-
Self-employed applicants usually need business registration and financial documents
A Monthly Add-On Rate computes interest based on the original loan principal every month, so the interest does not decrease as you repay the loan.
ACR (Annual Contractual Rate) / EIR (Effective Interest Rate) annualizes the total cost of the loan and usually includes applicable fees. For accurate, apples-to-apples loan comparisons, always use ACR/EIR.
Borrowers may encounter the following fees, depending on the lender:
To improve your chances of 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)
| Lender | Loan amount (published) | Typical terms | Indicative pricing | Standout features |
|---|---|---|---|---|
| UnionBank Personal Loan | Up to ₱2,000,000 | 12–60 months | Annual loan rate ~25%–36% (ACR) | Fully digital; decisions as fast as minutes after approval |
| Finbro | ₱1,000–₱50,000 | Up to 12 months | Shown in-app; varies by profile | Quick, 100% online; small-ticket emergencies |
| Metrobank Personal Loan | Up to ₱2,000,000 (subject to evaluation) | 12 / 18 / 24 / 36 months | Monthly add-on 1.25%–1.75% (ACR sample 25.98%–36.74%) | Transparent fees; calculator & clear ACR examples |
| BPI Personal Loan | ₱20,000–₱3,000,000 | 12–36 months (incl. 30 months) | Max ACR 28.67% (plus ₱1,500 processing; DST thresholds) | High cap; flexible terms; auto-debit repayment |
| PSBank Flexi (Prime Rebate) | Credit line (term or revolving) | Flexible | 2.5% per month (posted) | Earn rebates on advance/excess payments |
| EasyRFC (Radiowealth) | ~₱10,000–₱5,000,000 (product-dependent) | Varies | Varies by product; often collateralized | Multi-purpose financing; accepts OR/CR or TCT as collateral |
| CTBC Salary Stretch | Up to ~₱1,000,000 (per partner listing) | 12–36 months | ~1.39%–1.79% monthly (varies) | Bank loan for salaried & self-employed; clear eligibility guides |
| Equicom Savings Bank | ₱100,000–₱5,000,000 | 6–36 months | Bank-posted monthly add-on (varies) | No collateral; fixed monthly repayments |
| RCBC Pasado Loan | ₱20,000–₱500,000 | 6 or 12 months | ~1.58%–2.83% monthly (EIR ~19%–34%) | 24/7, collateral-free via Pasado Portal / partner channels |
| Tonik Quick Loan (Credit Builder) | Up to ₱20,000 | 6 / 9 / 12 months | Shown in-app; “affordable monthly add-on” | Fast, app-based; designed to help build credit |
| Kviku Cash Loan | Short-term online cash loans | Typically 60–180 days | Daily interest shown in-app | Fully online application & repayment |
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).
Reminder: Always verify the latest rates, fees, and requirements on the lender’s official page before you proceed.