Citibank Personal Loan

 Monthly Add-On Interest Rate: 1.26%
 Loan amount: PHP 20,000 to PHP 2 million
 Loan terms: 12 to 60 months
 Processing duration: As fast as 24 hours
 Loan fees:
o Processing fee of PHP 1,750 including stamp duty

o Early repayment charge of 4% of the unbilled principal

o Late payment fee of PHP 500 or 6% of outstanding balance, whichever is higher

Get the lowest personal loan rates with Citibank and have it approved within 24 hours. It has the longest repayment term
—up to five years—in the Philippines. But what many people don’t know is that their Citi Personal Loan has low-interest
rates.  You can borrow any amount from PHP 20,000 to PHP 2 million and repay it in 12, 24, 36, 48, or 60 months.

Security Bank Personal Loan

 Monthly Add-On Interest Rate: 1.39% to 1.89%
 Loan amount: PHP 30,000 to PHP 2 million
 Loan terms: 12 to 36 months
 Processing duration: Within five working days
 Loan fees:
o Processing fee of PHP 2,000 plus stamp duty
 o Early repayment penalty of PHP 2,500

o Late loan repayment charge of PHP 500 or 3% of amount due, whichever is higher

One of the low-interest personal loans in the Philippines is the one from Security Bank. Loan amounts range from PHP
30,000 to PHP 2 million, payable in 12, 18, 24, or 36 months. The annual interest rate starts at 29.48%. Easily apply
online through their website and get your loan approved within a week.

BPI Personal Loan

 Monthly Add-On Interest Rate: 1.20%
 Loan amount: PHP 20,000 to PHP 1 million
 Loan terms: 12 to 36 months
 Processing duration: Eight to 13 working days

BPI also offers one of the lowest personal loan interest rates in the Philippines. It has an affordable option for Filipinos who need to borrow
money through its low-interest personal loan starting at 25.03% annually. You can borrow an amount that’s up to thrice your gross monthly
income. The loan amount for BPI personal loan ranges from PHP 20,000 to PHP 1 million payable in 12, 18, 24, 30, or 36 months.

Loan Term (in months) Monthly Add-on Rate Effective Interest Rate

12 1.20% 25.60%

18 1.20% 25.74%

24 1.20% 25.59%

30 1.20% 25.33%
Loan Term (in months) Monthly Add-on Rate Effective Interest Rate

36 1.20% 25.03%

HSBC Personal Loan

 Monthly Add-On Interest Rate: 1.21%
 Loan amount: PHP 30,000 to PHP 500,000
 Loan terms: Six to 36 months
 Processing duration: Up to five working days
 Loan fees:
o Processing fee of PHP 1,500

o Late payment fee of 3% per annum or at least PHP 300

EastWest Personal Loan

 Monthly Add-On Interest Rate: 1.89%
 Loan amount: PHP 25,000 to PHP 2 million
 Loan terms: 12 to 36 months
 Processing duration: Five to seven working days
 Loan fees:
o Processing fee of PHP 1,900

o Stamp duty of PHP 1.00 for every PHP 200 if loan amount is over PHP 250,000

o Late payment fee of PHP 500 or 8% per month of outstanding balance, whichever is higher
EastWest Bank is another bank with the lowest interest rate on personal loan products at 1.89% monthly. You can borrow
up to PHP 2 million to finance your travel, emergency, and educational expenses.

RCBC MyCash Personal Loan

 Monthly Add-On Interest Rate: 1.3%
 Loan amount: PHP 50,000 to PHP 1 million
 Loan terms: Six to 36 months
 Processing duration: Seven to 21 days
 Loan fees:
o Processing fee of PHP 1,500 or 1% of the loan amount, whichever is higher

o Late payment fee of 5% per annum on any outstanding balance

Another loan with the lowest interest rate is from RCBC. It allows you to borrow up to PHP 1 million with flexible terms of
up to 36 months. The monthly add-on interest rate is 1.3%, and approval may take up to 21 days.

Maybank Enable Personal Loan

 Monthly Add-On Interest Rate: 1.5%
 Loan amount: PHP 50,000 to PHP 1 million
 Loan terms: 12 to 36 months
 Processing duration: Five to 10 working days
 Loan fees:
o Processing fee of PHP 2,000 to PHP 3,000
 o Documentary stamp of PHP 1.50 for every PHP 200 if loan amount is over PHP 250,000

o Credit Life Insurance (amount depends on age and loan maturity)

One of the best low interest loans in the Philippines is Maybank’s Enable Personal Loan, which offers a 1.5% fixed
interest rate. You can also borrow up to PHP 1 million, depending on your salary and bank approval.

PSBank Flexi Personal Loan

 Monthly Add-On Interest Rate: 1.75% for Term Loan
 Loan amount: PHP 20,000 to PHP 250,000
 Loan terms: 24 to 36 months
 Processing duration: Five to 9 working days
 Loan fees:
o Handling fee of PHP 1,500 or 1% of the approved credit line, whichever is higher

o Credit line renewal fee of PHP 1,500

o Collection fee of 15% to 35% of total outstanding amount in case of default (depending on delinquency age)

PBCom Personal Loan

 Monthly Interest Rate: 1.42% for 12 months; 1.53 for 18 and 24 months
 Loan amount: PHP 40,000 to PHP 1,000,000
 Loan terms: 12 to 36 months
 Processing duration: Three to 5 working days
 Loan fees:
 o Processing fee of PHP 2,500

o Documentary stamp PHP 1.50 for every PHP 200 of the loan amount

o Late payment fee of PHP 500 or 3% of amount due, whichever is higher

CBS Easi-Funds Personal Loan

 Monthly Interest Rate: 1.55% to 1.75%
 Loan amount: PHP 30,000 to PHP 1,000,000
 Loan terms: 12 to 36 months
 Processing duration: Three to 5 working days
 Loan fee: Processing fee of PHP 1,500

CIMB Bank Personal Loan

 Monthly Add-On Interest Rate: 1.12% to 1.95%
 Loan amount: PHP 30,000 to PHP 1,000,000
 Loan terms: 12 to 60 months
 Processing duration: Loan application in just 10 minutes, approval in 24 hours
 Loan fees:
o Documentary stamp PHP 1.50 per PHP 200 of the loan amount

o Late payment fee of 5% of unpaid installment due or PHP 300. whichever is higher