Sample Computations from the Bank

 BDO. Employees and self-employed individuals can avail of an unsecured loan from Php
10,000 to Php 1 million at annual interest rates ranging from 25.98% to 26.76%. Unsecured
personal loans for OFW borrowers are also available through the bank’s Asenso Kabayan
Program.
 BPI. The bank offers loan amounts from Php 20,000 to Php 1 million at 25.03% to 25.74%
annual
 EastWest Bank. The bank’s personal loan amount is Php 25,000 to Php 2 million. For existing
credit cardholders, the annual interest rates range from 41.62% to 41.94%. The interest
rates are higher for non-credit card owners at 46.92% to 53.21%
 Maybank. Maybank’s collateral-free personal loan from Php 50,000 to Php 1 million can be
obtained at a 1.3% monthly interest rate.
 Security Bank. The bank lends a minimum of Php 30,000 up to Php 1 million with interest
rates starting from 29.48%.

Here is a quick look at the personal loans issued by different banks in the Philippines:

AUB CasHelp

 Loan amount: Php 30,000 to Php 250,000

 Loan term: Maximum of 36 months
 Interest rate: Subject to bank’s approval

BDO Personal Loan

 Loan amount: Php 10,000 to Php 1 million

 Loan term: 6, 12, 18, 24, or 36 months
 Monthly interest rate: 1.30% (for a 6-month term) or 1.25% (for all other terms)
 Effective interest rate: 25.98% to 26.76%

BPI Personal Loan

 Loan amount: Php 20,000 to Php 1 million

 Loan term: 12, 18, 24, 30, or 36 months
 Monthly interest rate: 1.20%
 Effective interest rate: 25.03% to 25.74%

China Bank Savings Easi-Funds Personal Loan

 Loan amount: Php 20,000 to Php 1 million

 Loan term: 12, 18, 24, 36, or 48 months
 Monthly interest rate: 1.55% to 1.95%
 Effective interest rate: 32.73% to 37.24%

EastWest Personal Loan

 Loan amount: Php 25,000 to Php 2 million

 Loan term: 12, 18, 24, or 36 months
 Monthly interest rate: 1.49% to 1.89%
  Effective interest rate: 41.67% to 53.21%

Maybank enAble Personal Loan

 Loan amount: Php 50,000 to Php 1 million

 Loan term: 12, 18, 24, or 36 months
 Monthly interest rate: 1.30%

PBCOM Personal Loan

 Loan amount: Php 40,000 to Php 1 million

 Loan term: 12, 18, 24, 36, or 48 months
 Monthly interest rate: 1.332% to 1.96%
 Effective interest rate: 28.40% or 37.40%

PSBank Flexi Personal Loan with Prime Rebate

 Loan amount: Php 20,000 to Php 250,000

 Loan term: 24 or 36 months
 Monthly interest rate: 1.75% (fixed term) or 2.5% (revolving credit line)

RCBC MyCash Loan

 Loan amount: Php 50,000 to Php 1 million

 Loan term: 6 to 36 months
 Interest rate: Subject to bank’s approval

Robinsons Bank Personal Loan

 Loan amount: Php 5,000 to Php 250,000

 Loan term: 6, 9, 12, 18, 24 or 36 months
 Interest rate: Subject to bank’s approval

Security Bank Personal Loan

 Loan amount: Php 30,000 to Php 1 million

 Loan term: 12, 18, 24, or 36 months
 Monthly interest rate: 1.39% to 1.69%
 Effective interest rate: Starts at 29.48%

Sterling Bank of Asia Personal Loan

 Loan amount: Php 50,000 to Php 1 million

 Loan term: Maximum of 36 months
 Interest rate: Subject to bank’s approval

UCPB SalarEasy Loan

 Loan amount: Php 50,000 to Php 300,000

 Loan term: 6, 12, 18, 24, or 36 months
 Interest rate: Subject to bank’s approval