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Equicom Personal Loan

Got future plans you want to make reality? An Equicom Personal Loan can help you inch your way closer to your goals. Borrow up to ₱1 million and pay in installments up to 48 months.

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Default Repayment ₱50000 to be repaid in 12 months
12 mth
24 mth
36 mth

Equicom Personal Loan

Equicom Personal Loan
Monthly repayment
Monthly add-on interest rate
Total repayment
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Where Can I Use an Equicom Savings Bank Personal Loan?


The low minimum and high maximum loan amounts of Equicom Savings Bank Personal Loan allow you to borrow money for different reasons. Your purpose can be a simple need such as gadgets or a grand goal like home renovation. Here are other accepted loan purposes:


  • Furniture and appliances - Not going for the complete home improvement treatment but need a change in your appliances and/or furniture? Easily pay for your purchases with Equicom Savings Bank’s affordable personal loan.
  • Health and wellness - Prevention is better than cure but it’s pricier than the norm. Nevertheless, it's a small price to pay to avoid worst-case scenarios when it comes to your health. Tend to your health needs now by applying for a personal loan.
  • Debt repayment - Immediately eliminating your debts is another way of preventing financial disasters in the future. Pay for your debts with Equicom Personal Loan which has loan terms up to 48 months with its lowest add-on interest rate at 1.55%.
  • Car repairs - Is your car just for show since it doesn't work and badly needs repairs? Give her that much-needed TLC by sending her to the casa with the car fund you’ve acquired through Equicom Personal Loan.

Who Can Get an Equicom Savings Bank Personal Loan?


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


  • 21 years old and above and not older than 65 years old upon loan maturity
  • Filipino citizen
  • Must have a residence or office landline
  • Home or office address must be within Equicom Savings Bank’s processing service areas
  • Must have a credit card
  • For employed:
    • Must be a regular employee with at least 6 months tenure with their current company and 1 year as an employee overall
    • Must have a minimum annual salary of ₱240,000 if working in Metro Manila or ₱180,000 if working in Visayas or Mindanao
  • For self-employed: must have profitable operations in the same line of business for 2 straight years

Equicom Savings Bank Personal Loan Rates


Loan amount: ₱15,000 to ₱1 million

Loan terms: 12, 18, 24, 36, or 48 months

Monthly interest rate:

Tier 2:

12 months - 1.55%

18 and 24 months - 1.65%

36 months - 1.75%

48 months - 1.85%

Tier 3: 2.50% for 12, 18, 24, and 36 month loan terms

Tier 4: 3% for 12, 18, 24, and 36 month loan terms

Late payment penalty fee: ₱500 or 3% every month of the total overdue amount, whichever is higher

Processing fee (will be deducted from loan proceeds):

For employed: ₱1,500

For self-employed: ₱1,500

Minimal requirements: No collateral fee and guarantor required