Tonik Quick Loan – Fast Cash Up to ₱50,000 (2025)

Need cash fast? Tonik Quick Loan is an online, app-based lending option you can access any time. Borrow up to ₱50,000 without collateral or traditional credit history, and repay in 6, 9, 12, 18, or 24 months. Moneymax lets you compare Tonik’s offerings with other lenders so you know exactly what you’ll pay.

Quick Facts About Tonik Quick Loan

• Maximum loan amount: ₱50,000
• Tenure options: 6, 9, 12, 18, or 24 months
• Monthly add-on interest rate as low as ~4.26%
• Annual Percentage Rate (APR) can reach ~84%
• Processing fee: ~₱500; late payment fee: ~₱500
• No collateral or credit card required

Eligibility & Requirements

To qualify for Tonik Quick Loan, you generally need:

• Filipino citizen aged ~23-58 years
• Minimum monthly income requirement (around ₱15,000 or more)
• Valid government‐issued ID
• Bank account details for disbursement and repayment

Cost & Example

Here’s a sample breakdown:

• Borrow ₱25,000 for 6 months at ~4.26% monthly add-on → approximate monthly payments, total repayment including interest fees, plus any processing or late fees.
• Processing fees, documentary stamp tax, and late fees add to the total cost; always check those before applying.

Advantages & Trade-Offs

Pros

• Quickest approval and disbursement (as fast as 1 hour)
• Minimal paperwork; no collateral or credit card needed
• Flexible terms up to 24 months

Considerations

• Higher APRs compared to bank loans
• Penalties for late payment
• More expensive for higher amounts or longer tenors

How to Apply via Moneymax

1. Go to the Tonik Quick Loan page on Moneymax and enter your desired amount & term.
2. See estimated repayment schedule, interest, and fees.
3. Check eligibility, prepare your documents, and submit your application via Tonik’s online/digital channels.
4. Loan amount is typically disbursed to your Tonik bank account shortly after approval.

FAQ

What is APR vs monthly add-on rate?

Monthly add-on rate is quoted per month on the original principal; APR includes fees and shows the total yearly cost.

Can I repay early without penalty?

Check Tonik’s terms: early repayment may or may not carry fees; always verify via the app or user contract.

What if payments are late?

Late fees (such as ₱500) are applied. Repayment lateness may also affect credit / account status.

Information updated for 2025. Rates, fees & eligibility can change—always check the provider’s official site or the Moneymax page.