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Personal loans

Compare personal loans for planned expenses, repairs or other cash needs. Check each company’s income requirements and compare the full repayment, not just the monthly installment.

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₱1,000₱3,000,000
3 months60 months

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12 companies to compare

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We check your choices against published information. Missing terms still need confirmation, appearing here does not mean approval. How this works

BDO

Personal Loan

Bank
Loan amount₱2,000,000from ₱10,000
Term36 monthsfrom 12 months
Interest rate1.25%monthly add-on
Monthly repayment₱80,555.56
Requirements & documents

Who can apply

  • Age 21 at application, no older than 60 at maturity. Filipino citizen or Philippine-resident foreigner.
  • Regular employment, or at least two years of business operations. Residence or office must be in an area served by a BDO branch.
  • Employed: monthly income of at least ₱15,000.
  • Self: monthly income of at least ₱35,000.

Documents to prepare

  • Government ID, employees: latest ITR/Form 2316, full-month payslip and employment certificate.
  • Business owners: latest ITR, two years of audited statements and registration, additional records for requests above ₱1 million.

Calculated example: ₱2,900,000.00 in scheduled repayments, before additional fees.

Apply now
EastWest Bank

Personal Loan

Bank
Loan amount₱3,000,000from ₱25,000
Term60 monthsfrom 12 months
Interest rate1.79%monthly add-on
Monthly repayment₱103,700.00
Requirements & documents

Who can apply

  • Filipino or resident foreigner, age 21–65 at maturity. Basic gross monthly income at least ₱15,000.

Documents to prepare

  • Employees: ITR/2316 OR three months payslips OR employment certificate showing salary, position and start date.
  • Business: latest ITR/1701 or audited accounts, or DTI/SEC registration as listed in the application FAQ.

Calculated example: ₱6,222,000.00 in scheduled repayments, before additional fees.

Apply now
Maybank

Personal Loan

Bank
Loan amount₱1,000,000from ₱50,000
Term36 monthsfrom 12 months
Interest rate1.3%monthly add-on
Monthly repayment₱40,777.78
Requirements & documents

Who can apply

  • Filipino citizen, age 23–65 at loan maturity, residence and business within the bank’s service area. Active home/office landline and mobile contact required.
  • Employees: two years with the current employer and at least ₱25,000 monthly salary. Business owners/professionals: three years in the same business or profession, business must have two consecutive profitable years.
  • Employed: monthly income of at least ₱25,000.

Documents to prepare

  • Application, two government IDs, employment certificate with compensation, latest ITR/2316, employment-verification authorization and utility bill.
  • Business applicants: registration, two years of ITR/audited statements, three months of bank statements and supplier/customer references.

Calculated example: ₱1,468,000.00 in scheduled repayments, before additional fees.

Apply now
Metrobank

Personal Loan

Bank
Loan amount₱2,000,000from ₱20,000
Term36 monthsfrom 12 months
Interest rate1.25%monthly add-on
Monthly repayment₱80,555.56
Requirements & documents

Who can apply

  • Filipino citizen, age 21–65 at maturity, gross ANNUAL income at least ₱250,000, existing credit card.
  • Regular employee with current employer for one year, business applicants: two years of business.

Documents to prepare

  • One valid government ID. The current product page advertises no income documents for application, bank assessment still applies.

Calculated example: ₱2,900,000.00 in scheduled repayments, before additional fees.

Apply now
PSBank

Flexi Personal Loan with Prime Rebate

Bank
Loan amount₱250,000from ₱20,000
Term36 monthsfrom 24 months
Interest rate1.75%monthly add-on
Monthly repayment₱11,319.44
Requirements & documents

Who can apply

  • Filipino resident, age 22–54 at application. Employees: two years permanent work, including one year with current employer.
  • Business: three profitable years. Gross monthly income ₱15,000 employed / ₱30,000 self-employed. Active cardholder preferred.

Documents to prepare

  • Application form and one primary ID or two secondary IDs, income documents subject to bank assessment.

Calculated example: ₱407,500.00 in scheduled repayments, before additional fees.

Apply now
RCBC

Personal Loan

Bank
Loan amount₱5,000,000from ₱20,000
Term60 monthsfrom 3 months
Interest rate0.9%monthly add-on
Monthly repayment₱128,333.33
Requirements & documents

Who can apply

  • Age 21–70 at maturity. Permanent employees: gross monthly income ₱15,000 WITH credit history, ₱25,000 without.
  • Business applicants: two profitable years, existing card or credit history, and three months bank statements.

Documents to prepare

  • Signed application, one government ID and income evidence: ITR/2316, employment certificate or payslips, as applicable.

Calculated example: ₱7,700,000.00 in scheduled repayments, before additional fees.

Apply now
SB Finance

Personal Loan

Finance company
Loan amount₱3,000,000from ₱30,000
Term36 monthsfrom 12 months
Interest rate2.5%monthly add-on
Monthly repayment₱158,333.33
Requirements & documents

Who can apply

  • Filipino citizen, age 21+ at application and no older than 65 at maturity, office or residence landline.
  • Employed income minimum: ₱15,000 Metro Manila or ₱12,000 outside. Self-employed: ₱60,000 gross monthly income, qualifying ownership and two profitable business years.

Documents to prepare

  • Employees: payslip, COEC, ITR or qualifying credit-card evidence. Remote workers: ID, employment records, three months pay/bank history and company email.
  • Business applicants: audited statements, registration, permit, bank statements and trade references. OFW beneficiaries have separate identity, relationship and remittance requirements.

Calculated example: ₱5,700,000.00 in scheduled repayments, before additional fees.

Apply now

Plan your repayments

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BEFORE YOU CHOOSE

What deserves a closer look

01

Use the same principal and term

A lower monthly payment over a longer period can mean a higher total cost. Compare equivalent borrowing needs first.

02

Check the income definition

Gross income, take-home pay and household income are different. A bank may also require employment tenure or business records.

03

Read the deduction list

Processing fees and applicable tax can reduce the cash disbursed while interest is charged on the full principal.

Your questions, answered.

What can a personal loan pay for?

A personal loan can help cover expenses such as medical bills, education or home improvements. Choose a purpose the lender allows and compare the repayment with your monthly budget before deciding how much to borrow.

Do I need property as collateral for a personal loan?

An unsecured personal loan does not require you to pledge a property. Secured borrowing does. Check the specific offer in our comparison because a company may provide both, with different documents and risks.

Can a self-employed person apply for a bank personal loan?

Yes. BDO is one option in our comparison that accepts qualifying self-employed applicants. Prepare business and income records rather than employee payslips. Required operating history and accepted evidence differ between companies.

What income documents should an employee prepare?

Prepare valid identification and evidence of regular income, such as recent payslips, an employment certificate and tax records. The exact combination depends on the lender. Use the checklist in the company profile, then confirm any missing items before applying.

Why is the cash released less than the approved loan?

Processing fees, insurance or applicable taxes may be taken out before release. Ask for the net amount you will receive. If you need a specific cash amount, an approval for that amount may leave you short after deductions.

Is monthly add-on interest comparable with an annual bank rate?

Not directly. They use different periods and calculation bases. Compare effective interest rates, net proceeds and total payments for the same term.

How are personal loan repayments collected?

Repayment may be collected by automatic bank deduction or another approved payment channel. Confirm the account, due date and payment processing time. Keep enough money available before the debit and retain your payment records.

Can I pay a personal loan off early?

Ask for a dated settlement quote before paying. Check any prepayment charge and whether paying extra reduces principal or merely advances installments.

Does Pesopal approve personal loans or lend me money?

No. Pesopal compares personal borrowing options and published information. The lender or programme administrator assesses your application and issues the offer. Changing our filters does not submit an application or guarantee eligibility.

What should I verify after comparing personal options on Pesopal?

Check net proceeds, effective interest rate, fees and total scheduled repayments on the lender’s official website or app, then confirm your written offer.

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