All Type
chevron_left
chevron_right

Best Bank Loans in the Philippines

Need to borrow a lot of money? We've got the top bank loans that offer high loan amounts and affordable monthly payments.
See Moreexpand_more
Default Repayment ₱50000 to be repaid in 12 months
edit
100,000
300,000
mth
edit
12 mth
24 mth
36 mth
FEATURED

UnionBank Personal Loan

UnionBank Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

Offer Available

Get a welcome gift worth up to ₱10,990!
Digital Gift (₱5,000 or ₱10,000 eGift)
Digital Gift (₱5,000 or ₱10,000 eGift)

+ 1 other gift options

Valid until

30 June 2024

Metrobank Personal Loan

Metrobank Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

BPI Personal Loan

BPI Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

PSBank Personal Loan

PSBank Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

Maybank Personal Loan

Maybank Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

HSBC Personal Loan

HSBC Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

CTBC Bank Personal Loan

CTBC Bank Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

Equicom Personal Loan

Equicom Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

Sterling Bank of Asia Personal Loan

Sterling Bank of Asia Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

RCBC Personal Loan

RCBC Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

UnionBank Personal Loan

UnionBank Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

Offer Available

Get a welcome gift worth up to ₱10,990!
Digital Gift (₱5,000 or ₱10,000 eGift)
Digital Gift (₱5,000 or ₱10,000 eGift)

+ 1 other gift options

Valid until

30 June 2024

SB Finance Personal Loan

SB Finance Personal Loan
Monthly repayment
Monthly add-on interest rate
 %
Total repayment
Total interest

What is a bank loan?

expand_more

A bank loan is a type of personal loan with the bank as the lender. Bank loans have the impression of being stricter and less accessible but with the rise in popularity of digital loans, some banking loans have become more accessible by making their loans available through their app.

How long will it take to get my bank loan approved?

expand_more

Different banks have varied processing time frames but it usually takes 3 to 7 business days upon receiving your loan documents. Once your application is reviewed, the bank may call you, send you a text message, or email you to let you know if your loan application has been granted or rejected. If needed, you may call the bank and ask for an update regarding your banking loan application.

How much money can I borrow for a bank loan?

expand_more

Usually, the amount you can borrow from banks can be as low as ₱20,000 or as high as ₱2 million and the final amount will depend on the loan terms set by the loan provider. Just remember: don’t borrow more than you can afford to pay back.

What are the advantages of a bank loan over a digital loan?

expand_more

- Longer loan term payment - if you want to pay off your loan a few years from now, getting a cash loan from a bank is the best course of action. Most banks offer a 24-month (2 year) loan term while others have a loan term that’s as long as 60 months (5 years).

- Higher loan amount - banks have longer loan terms because they offer higher loan amounts compared to private lenders. This is good for those who wish to borrow millions.

- Lower add-on rates - low interest rates are perhaps what loaners would consider the biggest advantage of borrowing from banks. Personal loans from banks offer low add-on/contractual rates to make loan repayments easy. Add-on rates for bank personal loans are usually 2% or lower.

How will I receive my money loan?

expand_more

Claiming your loan will depend on the bank’s process. If you have a savings account with the bank you loaned from, your loan will be credited there. You can also choose to receive it via check or cash. Make sure to check with your loan provider so you’ll know what to expect.