psbank personal loan

PSBank Personal Loan

Minimum loan amount

P 20,000

Minimum annual income

P 180,000

Add-on interest


Product Summary

psbank personal loan

PSBank Personal Loan

PSBank goes beyond transactions and makes sure you are priority number one with its personal loan’s unique benefits. Have the freedom to pay for your dues whenever you want and receive cash back through its loan rebate program.

  • 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: business startup, emergencies
Age22 to 54 years old
Minimum Annual IncomeP180,000
Credit CardNot Required
Landline NumberRequired
Regular Employee
Valid TIN / SSS / GSIS or UMID number
Valid TIN / SSS / GSIS or UMID number
Audited Financial Statements
Processing fee%
Late payment Fee Free

Is this the right product for you?

Checkout the other personal loan listing.

PSBank Personal Loan Review

Personal loans can be intimidating to some people because of its stringent requirements and payment systems. Expect the opposite with the PSBank Flexi Personal Loan. Find out more in this short review.

Where Can I Use a PSBank Personal Loan?

Whether it’s manifesting your goals today or facing your money problems tomorrow, your PSBank Personal Loan will help you fulfill your needs. With loan amounts ranging from ₱20,000 to ₱250,000, you can use the money for grand plans like traveling the world, simple ones like buying high-ticket appliances for your home makeover, or emergencies like hospital bills and debt payments.

Another great thing about the PSBank Flexi Personal Loan is its revolving credit option and loan rebate program. Aside from the fixed-term loan, revolving credit is another type of credit that doesn’t have a fixed number of payments. Simply put, you have the power to pay whenever you want within the loan period, unlike the fixed term loan that requires you to make fixed monthly payments.

The loan rebate program rewards you for being an outstanding loanee as reflected in your payments. For every advance payment or payment made in excess of the required amount on the due date, you’ll receive rebates or savings every day from the day the payment was posted up to a day before the next due date.

Below are other common reasons for getting a PSBank Flexi Personal Loan:

  • Business starter - End your daydreams and start living them when you get a PSBank Personal Loan to fund your business. Kickstart your entrepreneurial journey with the additional cash to pay for business expenses like permits, staff salaries, and tools or equipment needed, to name a few.
  • Emergency purposes - Most of us are helpless in the face of emergencies, leading to panic and anxiety. If money is involved, regain some control and get the needed cash through PSBank Personal Loan.
  • House repairs - Our homes are our refuge until you are riddled with damages that pile up and make parts of the house hard to live in. Get the cash you need with a PSBank Flexi Personal Loan and make your house livable again.
  • Debt payment - Another source of anxiety is debt. It may start with a small amount but if it continues, it’ll be harder to pay off. Get rid of your debts today with a little help from your PSBank Flexi Personal Loan.
  • Travel expenses - You want to give in to your wanderlust spirit and travel but funds are low and you’re not getting any younger. Wander to places you’ve never been before you retire by filling up your travel fund with a PSBank Personal Loan.

Who Can Get a PSBank Personal Loan?

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

  • 22 to 54 years old
  • Filipino citizen
  • Preferably with an active credit card
  • Must have a mobile number or residential landline, office landline, and email address
  • For employed:
    • At least 1 year tenure in current employer and 2 years permanent work status
    • Gross monthly income of ₱15,000
  • For self-employed:
    • Must have a profitably operating business for at least 3 years
    • Minimum gross monthly income of ₱30,000

PSBank Personal Loan Requirements for Filipinos

  • Valid government-issued ID with your photo and signature
  • Filled-out and signed application form
  • Employed/Professionals: latest ITR BIR Form 2316
  • Self-employed:
    • Audited financial statements with a BIR stamp in the last 2 years
    • Your latest ITR BIR Form 1701
  • Principal credit cardholders: original copy of credit card billing statement

PSBank Personal Loan Calculator

PSBank has an online personal loan calculator that you can use to check which repayment term for your target loan amount will work best for your budget.

Note: The resulting figures of your calculation are just estimates. They’re subject to change. Remember that your actual amortizations will reflect in the loan disclosure statement.

Here are some sample computations for the most common loan amounts for a fixed-term loan:

PSBank Personal Loan Sample Computation

Loan Amount

24 months

36 months


PSBank Personal Loan Rates

Loan amount: ₱20,000 to ₱250,000

Loan terms: 24 or 36 months

Monthly interest rate: 1.75% for term loan; 2.5% for revolving loan

Annual contractual rate/effective interest rate: for term loan - 42.88% for 24 months, 41.29% for 36 months; for revolving loan - 34.49% for 12 months

Late payment penalty fee: 5% of the amount due every month

Processing fee: ₱1,500

Minimal requirements: No collateral fee and no pre-termination fee


A revolving credit line allows you to pay without a fixed number of payments, unlike a fixed-term loan that requires you to pay a fixed amount on a certain day every month. If you’ll opt for the revolving credit line, here are your payment options:

  • Total amount due for the loan

  • Minimum amount due

  • Any amount higher than the minimum amount due 

PSBank Personal Loan’s rebate program rewards borrowers who pay in advance or excess. Just pay 5 days before your due date or more than the minimum due to earn rebates daily from the day your payment was posted up to a day before your next due date.

You can borrow as low as ₱20,000 and as high as ₱250,000.

Only a processing fee of ₱1,500 will be deducted from your loan proceeds. Other fees will depend on what will happen during your loan periods such as late payment fees and card replacement fees. Pre-termination charges are free.

There’s no need for a PSBank account to apply for a loan but you’ll receive an ATM card to withdraw your funds from PSBank ATMs. You can also use your ATM to pay for purchases at MegaLink, Bancnet, and ExpressNet-affiliated stores.

You can call PSBank’s Customer Experience at (+632) 7944-1590, ‎(+632)8845-8888, or (0917) 813-8330, chat with them through PSBank LiveChat at to follow up on your application.


Stay with us

Subscribe to us and get the latest news