Metrobank Personal Loan Review
Make this the year when you’ll finally go on your dream vacation, pay for your child’s future tuition fees, or start your business. See a bright future ahead of you with Metrobank Personal Loan—no collateral needed and loan approval as fast as 7 days.
Where Can I Use a Metrobank Personal Loan?
A little bit of financial help can turn your dream into reality. Start your year right and make it happen by borrowing as much as ₱1 million with Metrobank Personal Loan. Only minimal requirements are needed and payment terms are flexible. Use your loan for one of the following purposes:
Emergency expenses - Say goodbye to sleepless nights brought about by the intense need for cash to fund emergencies and start sleeping right when you get a Metrobank Personal Loan. It’s good for emergencies since the transaction process only takes 7 banking days.
Child’s education - Inflation is at an all-time high and affects every expense you can imagine, including your child’s tuition fees. Prepare for it now with a little help from Metrobank Personal Loan in the Philippines.
Dream vacation - Your dream vacation is now within reach when you get a Metrobank Personal Loan. Add more cash to your travel fund and start your jetsetter life.
- Weddings - Always want to have a fairytale wedding? You don’t need a fairy godmother to appear and grant your wish. Just apply for a Metrobank Personal Loan and be your own fairy godmother AND princess bride-to-be.
Who Can Get a Metrobank Personal Loan?
Before applying for a loan, you need to meet the following Metrobank Personal Loan eligibility criteria:
21 years old and above and not older than 65 years old upon loan maturity
Minimum annual salary of ₱350,000
For employed: Must be a regular employee with at least 1 year tenure with their current employer
For self-employed: Must be at least 2 years in their current business
Metrobank Personal Loan Requirements for Filipinos
Valid government-issued ID with your photo and signature
Filled-out and signed application form
Metrobank deposit account (once the loan has been approved)
Signed Promissory Note and Disclosure Statement (PNDS)
Metrobank Personal Loan Calculator
To get a sample computation of your Metrobank Personal Loan, visit the Metrobank Personal Loan website and use its Metrobank Personal Loan Calculator. You can enter the loan amount you want and instantly get your monthly payment estimates. You can call them at (02) 88-700-700, 1-800-1888-5775 (domestic toll-free), email at firstname.lastname@example.org, or head down to the nearest branch to inquire.
Metrobank Personal Loan Rates
Loan amount: ₱20,000 to ₱1 million
Loan terms: 12, 18, 24, or 36 months
Monthly interest rate: 1.25% for 24 and 36-month loan terms, 1.5% for 12 and 18-month loan terms
Late payment penalty fee: ₱850 per incidence
Pre-termination fee: ₱550 or 5% of the outstanding balance, whichever is higher
Disbursement fee: ₱1,000
Minimal requirements: No collateral fee