Best Legit Loan Apps with Low Interest in Philippines 2025
Compare the best legit loan apps with low interest rates in the Philippines. Get fast approval, minimal requirements, and competitive rates up to ₱25,000. Apply online today!
JuanHand - online cash loan App
With JuanHand, get approved quickly and receive your funds instantly, making borrowing easy and fast.
MabilisCash - Online Easy Loan
Apply for fast online loans up to PHP 60,000 with MabilisCash, making it easy to access funds quickly.
High Approval Personal Loan Apps
Need a loan but worried about approval? Check out this list of high approval personal loan apps that make it easier to get the cash you need. We’ve done the research to give you only legit loan apps.
EasyPeso - Fast Online Cash Loan
Need cash fast? EasyPeso provides secure online loans to get you the money you need, quickly.
FAQ
Personal Loan Options from Leading Philippine Banks
Bank of the Philippine Islands (BPI) Personal Loan
BPI provides personal loans with loanable amounts up to ₱3 million, suitable for various purposes such as home renovation, education, business, and travel. The loan is collateral-free, with flexible installment terms of 12, 18, 24, 30, or 36 months. Interest rates are competitive, and repayments can be made conveniently through the Automatic Debit facility. Eligibility requires being an employed individual with a minimum monthly income of ₱15,000. Applications can be submitted online or at any BPI branch.bpi.com.ph
| Loan Amount | Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|
| Up to ₱3 million | 12, 18, 24, 30, or 36 months | Competitive rates with automatic debit facility for payments | None | Employed individuals with a minimum monthly income of ₱15,000 | Apply online or visit a BPI branch |
Security Bank Personal Loan
Security Bank offers personal loans with loan amounts starting from ₱30,000 up to ₱2 million, with repayment terms ranging from 12 to 36 months. The approval time is within 5 banking days, and no collateral is required. Interest rates are competitive, and eligibility requires being a Filipino citizen aged 21 to 65 years upon loan maturity, with a minimum monthly income of ₱30,000. Applications can be submitted online or at any Security Bank branch.securitybank.com
| Loan Amount | Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|
| ₱30,000 to ₱2 million | 12 to 36 months | Competitive rates with quick approval | None | Filipino citizens aged 21 to 65 years upon loan maturity, with a minimum monthly income of ₱30,000 | Apply online or visit a Security Bank branch |
EastWest Bank Personal Loan
EastWest Bank offers personal loans with loan amounts ranging from ₱25,000 to ₱3 million, suitable for various financing needs. Repayment terms are flexible, ranging from 12 to 60 months, and no collateral is required. Interest rates are competitive, and eligibility requires being a Filipino citizen aged 21 to 65 years upon loan maturity, with a minimum monthly income of ₱30,000. Applications can be submitted online or at any EastWest Bank branch. eastwestbanker.com
| Loan Amount | Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|
| ₱25,000 to ₱3 million | 12 to 60 months | Competitive rates with flexible terms | None | Filipino citizens aged 21 to 65 years upon loan maturity, with a minimum monthly income of ₱30,000 | Apply online or visit an EastWest Bank branch |
BDO Unibank Personal Loan
BDO Unibank offers personal loans with loan amounts up to ₱1 million, suitable for various financing needs such as home improvements, education, appliances, and medical emergencies. The loan is collateral-free, with flexible repayment terms of 12, 18, 24, or 36 months. Interest rates are competitive, and repayments can be made conveniently through the Automatic Debit facility. Eligibility requires being an employed individual with a minimum monthly income of ₱15,000. Applications can be submitted online or at any BDO Unibank branch.bdo.com.ph
| Loan Amount | Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|
| Up to ₱1 million | 12, 18, 24, or 36 months | Competitive rates with automatic debit facility for payments | None | Employed individuals with a minimum monthly income of ₱15,000 | Apply online or visit a BDO Unibank branch |
UnionBank Personal Loan
UnionBank offers personal loans up to ₱2,000,000 with repayment terms of 12 to 60 months. The loan is unsecured, with competitive interest rates and quick approval process. Eligibility requires Filipino citizenship, ages 21 to 65 upon loan maturity, and a minimum monthly income of ₱30,000. Applications can be submitted online or at any UnionBank branch. unionbankph.com
| Loan Amount | Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|
| Up to ₱2 million | 12 to 60 months | Competitive rates with quick approval | None | Filipino citizens aged 21 to 65 years upon loan maturity, with a minimum monthly income of ₱30,000 | Apply online or visit a UnionBank branch |
Maya Personal Loan
Maya provides personal loans with amounts ranging from ₱15,000 to ₱250,000 and repayment terms of 6 to 24 months. The loan is unsecured, with no documents needed for salaried individuals. Eligibility requires being a salaried individual with proof of income or self-employed with business registration. Applications can be completed through the Maya app. mayabank.ph
| Bank Name | Loan Amount | Repayment Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|---|
| Maya | ₱15,000 - ₱250,000 | Up to 24 months | As low as 0.77% monthly add-on rate | Unsecured | Salaried individuals with proof of income or self-employed with business registration | Apply via the Maya app |
RCBC Personal Loan
RCBC offers personal loans with amounts up to ₱2,000,000 and repayment terms of 12 to 36 months. The loan is unsecured, with quick approval and no collateral required. Eligibility requires Filipino citizenship, ages 21 to 65 upon loan maturity, and a minimum monthly income of ₱30,000. Applications can be submitted online or at any RCBC branch. rcbc.com
| Bank Name | Loan Amount | Repayment Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|---|
| RCBC | Up to ₱1,000,000 | Up to 36 months | As low as 0.90% monthly add-on rate | Unsecured | Filipino citizens, ages 21 to 65 upon loan maturity, with a minimum monthly income of ₱30,000 | Apply online or at any RCBC branch |
PNB Personal Loan
PNB offers flexible personal loan options suitable for various needs, including medical expenses, education, home renovations, and more. Loan amounts can go up to ₱2 million, subject to approval, with repayment terms ranging from 3 to 60 months. No collateral is required, and the interest rates are competitive. Eligibility criteria include being a Filipino citizen aged 21 to 65 years upon loan maturity, with a minimum annual gross income of ₱120,000. Applications can be submitted online or at any PNB branch.pnb.com.ph
| Loan Amount | Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|
| Up to ₱2 million | 3 to 60 months | Low monthly add-on rate | None | Filipino citizens aged 21 to 65 years upon loan maturity, with a minimum annual gross income of ₱120,000 | Apply online or visit a PNB branch |
HSBC Personal Loan
HSBC provides personal loans up to ₱2 million with repayment terms of 12, 24, 36, 48, or 60 months. The loan is unsecured, with interest rates starting as low as 0.65% add-on rate per month. Eligibility requires Filipino citizenship, ages 21 to 65 upon loan maturity, and a minimum monthly income of ₱30,000. Applications can be submitted online or at any HSBC branch. hsbc.com.ph
| Bank Name | Loan Amount | Repayment Terms | Interest Rate | Collateral | Eligibility | Application Process |
|---|---|---|---|---|---|---|
| HSBC | Up to ₱500,000 | 12, 24, 36, 48, or 60 months | As low as 0.65% add-on rate per month | Unsecured | Filipino citizens, ages 21 to 65 upon loan maturity, with a minimum monthly income of ₱30,000 | Apply online or at any HSBC branch |
Overview of Pag-IBIG Fund and SSS Loan Products
Explore the loan offerings from Pag-IBIG Fund and the Social Security System (SSS) to find the best fit for your financial needs.
Pag-IBIG Fund Multi-Purpose Loan (MPL)
The Multi-Purpose Loan (MPL) is designed to provide financial assistance to Pag-IBIG Fund members for various purposes, including home improvement, education, medical expenses, and other personal needs.
Loan Details:
- Loan Amount: Up to 80% of the member's Total Accumulated Value (TAV), which includes personal contributions, employer contributions, and dividends.
- Interest Rate: 10.5% per annum.
- Repayment Term: Up to 24 months.
Eligibility Requirements:
- Active membership with at least 24 months of membership savings.
- No existing Pag-IBIG housing loan, MPL, or calamity loan in default.
- Sufficient and valid proof of income.
Application Process:
- Online Application: Through the Virtual Pag-IBIG platform.
- In-Branch Application: Visit any Pag-IBIG Fund branch.
For more information, visit the Pag-IBIG Fund website.
Pag-IBIG Fund Housing Loan
The Housing Loan program aims to provide affordable financing for members to purchase a lot and construct or improve a residential unit.
Loan Details:
- Loan Amount: Up to ₱6,000,000.
- Interest Rate: 4.5% per annum.
- Repayment Term: Up to 30 years.
Eligibility Requirements:
- Active membership with at least 24 months of membership savings.
- No existing Pag-IBIG housing loan, MPL, or calamity loan in default.
- Sufficient and valid proof of income.
Application Process:
- Online Application: Through the Virtual Pag-IBIG platform.
- In-Branch Application: Visit any Pag-IBIG Fund branch.
For more information, visit the Pag-IBIG Fund Housing Loan page.
SSS Salary Loan
The SSS Salary Loan is a short-term loan facility designed to provide financial assistance to qualified members for their immediate credit needs.
Loan Details:
- Loan Amount: Equivalent to one or two months' salary, based on the member's average monthly salary credit.
- Interest Rate: 10% per annum.
- Repayment Term: Up to 24 months.
Eligibility Requirements:
- At least 36 posted monthly contributions for a one-month loan; at least 72 for a two-month loan.
- Six of the last 12 monthly contributions must be posted within the 12 months prior to the application.
- Not a recipient of any final benefit (e.g., retirement, permanent disability, or death benefits).
- Not more than 65 years old at the time of application.
Application Process:
- Online Application: Through the My.SSS portal.
- In-Branch Application: Visit any SSS branch.
For more information, visit the SSS Salary Loan page.
Comparison Table: Pag-IBIG Fund vs. SSS Loan Products
| Feature | Pag-IBIG Fund Multi-Purpose Loan (MPL) | SSS Salary Loan |
|---|---|---|
| Loan Amount | Up to 80% of Total Accumulated Value (TAV) | Equivalent to one or two months' salary |
| Interest Rate | 10.5% per annum | 10% per annum |
| Repayment Term | Up to 24 months | Up to 24 months |
| Eligibility | Active membership with at least 24 months of savings; no existing loans in default; valid proof of income | At least 36 posted monthly contributions; not a recipient of final benefits; not more than 65 years old |
| Application Process | Online via Virtual Pag-IBIG or in-branch | Online via My.SSS portal or in-branch |
Please note that loan terms, interest rates, and eligibility criteria are subject to change. It is advisable to visit each institution's official website or contact their customer service for the most current information.