CIMB Personal Loan

Minimum loan amount

P 30,000

Minimum annual income

P 180,000

Add-on interest


Product Summary


CIMB Personal Loan

Did you know that you can get a loan using your smartphone? Apply for a CIMB Personal Loan in just 10 minutes and get approved in as fast as 24 hours. Borrow up to ₱2 million and pay in flexible installments up to 36 months—all in just a few taps.

  • All-digital loan application and processing
  • Borrow money online up to ₱1 million
  • Apply within 10 minutes and get approved in 24 hours
  • No additional or hidden transaction fees
  • Ideal for: financial emergencies, personal expenses
Age21 to 65 years old
Minimum Annual IncomeP180,000
Credit CardNot Required
Landline NumberNot Required

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CIMB Personal Loan Review

Applying for a loan can be a tedious endeavor, especially with the required paperwork and back and forth process. Even with all that hard work, loan approval isn’t guaranteed. Good thing there’s CIMB Personal Loan, an all-digital loan application that makes application fast, easy, and convenient. Interested? Find out more in this review.

Where Can I Use a CIMB Personal Loan?

CIMB Personal Loan is a fully digital personal loan that you can use for your life milestones, personal projects, and during emergencies. It’s a convenient loan to apply for since it only requires a valid ID for all applicants and 1 income document for both employees and self-employed individuals. It also doesn’t require collateral, a guarantor, or a credit card.

Here are some of the common loan purposes:

  • Home renovation - If you’ve shifted from on-site to work from home, you might notice that your space needs to change to accommodate your work needs. Revamping your home is no easy feat, especially for your wallet. Get a personal loan to fund your plans.
  • Tuition fees/school expenses - Thinking of furthering your education but find tuition fees too expensive nowadays? Don’t hesitate to invest in yourself. Get a personal loan to expand your knowledge and climb up the career ladder.
  • Emergency expenses - Unforeseen events can damage your personal property or cause physical injury. Some accidents are serious and involve huge costs. Apply for a CIMB Personal Loan and receive cash in 1-2 banking days.

Who Can Get a CIMB Personal Loan?

Before applying for a loan, you need to meet the following CIMB Personal Loan eligibility criteria:

  • 21 years old when applying for a loan up to 65 years old upon loan maturity
  • Filipino citizen and non-US person
  • With an active local mobile number and mailing address
  • Source of income:
    • Minimum monthly salary of ₱15,000
    • Employed: at least 6 months with their current employer or 1 year of continuous employment except if part of the top 15,000 corporations
    • Self-employed: Business must be operational for at least 1 year

CIMB Personal Loan Requirements for Filipinos

  • Valid government-issued ID
  • Proof of income:
    • Employed
      • Latest 1 month payslip
      • Certificate of Employment
      • BIR Form 2316 (W2)
    • Self-employed:
      • DTI registration and SEC registration of your business

Loan Rates and Sample Computation

To get a sample computation of your CIMB Personal Loan, you may contact them via phone or through their app.

  • Via phone:
    • From the Philippines through Globe, Smart, and PLDT toll-free - dial #CIMB (#2462)
    • Outside of the Philippines - call (+632) 924 2462
  • Via the CIMB Bank PH app: Help Center > fill out the Give Us Feedback form

CIMB Personal Loan Rates

  • Loan amount: ₱30,000 to ₱1 million
  • Loan terms: 12 to 60 months, 12 months interval
  • Monthly interest rate: 1.12 to 1.95%
  • Average annual contractual rate: 24%, 30%, or 36%
  • Disbursement fee:
    • Via CIMB account - 0%
    • Via other banks - 1% of the principal amount or ₱500, whichever is higher
    • ₱1.50 for every ₱200 loan (fraction of)
  • Minimal requirements: No collateral, guarantor, or credit card required


The amount of money you can borrow through a CIMB Personal Loan will range from ₱30,000 to ₱1 million, subject to CIMB’s approval.

Your CIMB Personal Loan won’t come with any transactional fees. There is a late payment fee worth ₱300 or 5% of the loan amount, whichever is higher. Loans higher than ₱250,000 comes with a documentary stamp tax equivalent to ₱1.50 for every ₱200.

If your loan application is approved, you will receive a push notification on your phone and on your email. You will also see a “Success” notification when you open your CIMB app.

If you chose to credit it to your CIMB account, you will receive your loan upon approval. If you chose to disburse it to other banks, expect your loan proceeds to come within two business days.

To monitor the status of your loan, just open the CIMB app, go to Product Menu, and select My Personal Loan.


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