You can easily apply for a quick loan Philippines from Tonik in 30 minutes. Get up to P50,000 immediately. Secure, fast, and easy, no collateral loans from a digital bank.
Flexible payment terms. You can choose from 3, 6, 9, 12, 18 or 24 months installment. You can apply for as much as ₱50,000 with up to 24 months installment period.
| Loan Name | Tonik Bank Cash Loan |
| Loan Amount | Up to ₱50,000 |
| Loan Term | 6 – 24 months |
| Address | Unit 605B, 6/F West Wing, The Offices at Estancia, 1605 Meralco Ave, Pasig City |
Apply for a loan in just minutes. Get up to ₱50,000 immediately. Secure fast and easy, no collateral loans from a digital bank.
APPLY FOR A QUICK LOAN IN TONIK
Loan Product Features in Tonik Bank Cash Loan
- Fast approval and real-time disbursement to your Tonik Account.
- No credit history and no collateral needed.
- Loan amount from ₱5,000 to ₱50,000
- Minimal documents required – only 1 valid ID and proof of income
- Flexible payment date – your preferred salary payout date
- 6, 9, 12, 18, or 24 months installment
- 100% digital – all loan info can be seen on the Tonik App
- Cash out the full loan amount real-time
- One bank account for application and cash disbursement
- Fixed monthly interest rate of 7%* (*Enjoy a lower monthly interest rate of 5.42% when you link your salary payroll ATM card)
- No pre-termination or early payment fees
- Top up your main account. Get auto-debited on your due date
How to Apply Tonik Bank Online Loans in the Philippines?
- Download the Tonik App onto your mobile phone and sign up for an account. This involves taking face biometrics and uploading a valid government ID to the platform.
- Once you have a Tonik Account, go to your app dashboard and click on the “Loans” tile.
- Choose the loan that is best for you. Currently, Tonik has 2 that you can pick from—Quick Loan (personal loan) and Shop Installment Loan (BNPL loan).
- Input how much money you need and your desired payment terms.
- Fill up your information on the app and upload income documents (such as your latest pay slips or bank statement).
- Wait a few minutes for approval. If you get approved, sign all the necessary forms, like the Promissory Note, Disclosure Statement, and the Amortization Statement.
- Check your Tonik App again to see your loan amount disbursed there.
FAQ Tonik Bank Cash Loan
What is Quick Loan?
Tonik’s Quick Loan is a fast and easy loan product. Apply for a loan within 30 minutes and easily get access to extra cash of up to PHP 50,000 right from your Tonik App just within the same day.
Who can apply for Quick Loan in Tonik Bank?
You can quickly check eligibility for Quick Loan below:
- Filipino Citizen residing in the Philippines
- Ages 23 – 58 years old
- Presently Employed
- Have a valid TIN and valid ID
How much is the maximum amount you can borrow from online lending platforms?
Because online lending is supposed to be quick and easy, the payment terms are shorter (around 2 years at most) and the amount you can borrow is less.
This would depend on the lending platform you choose, but the usual maximum amount for quick online loans would be around PHP 20,000-PHP 100,000.
Tonik’s Shop Installment Loan has a maximum lendable amount of PHP 100,000. It’s also coming out with bigger loan amounts, so you can stay tuned for that!
What are the requirements for Quick Loan?
a. With linked card
The list of requirements for a Quick Loan:
- 1 Valid ID (Philippine Passport, Driver’s License, Philsys ID, UMID, SSS ID, PRC ID, and Postal ID)
- Salary ATM Payroll Card (You get a lower interest rate if you successfully link this payroll ATM card)
- Any one of the following: latest One Full Month Salary Bank Statement of Account, One Full Month Pay slip, BIR Form 2316 (ITR), or Certificate of Employment
- Tonik Account
b. Without linked card
The list of requirements for a Quick Loan:
- 1 Valid ID (Philippine Passport, Driver’s License, Philsys ID, UMID, SSS ID, PRC ID, and Postal ID)
- Any one of the following: latest One Full Month Salary Bank Statement of Account, One Full Month Pay slip, BIR Form 2316 (ITR), or Certificate of Employment
- Tonik Account
What is Shop Installment Loan?
Get up to P100,000 with Tonik’s Shop Installment Loan. Apply for a loan and get access to the cash you need for that appliance, gadget, furniture, and even gym equipment you want straight from your Tonik App in just 30 minutes!
How do I apply for Shop Installment Loan?
You can apply for a loan straight from your Tonik App!
a, If you are shopping from home:
- Choose Shop Installment
- Select the product category of the item you want to buy
- Enter the amount you need, and
- Provide us with more information to help us get to know you better.
b, If you are shopping at one of our partner stores:
- Choose Shop Installment
- Enter the Purple Key (found in our posters in the store, or ask the store personnel)
- Select the product category of the item you want to buy
- Enter the amount you need, and
- Provide us with more information to help us get to know you better.
Is Tonik a legit bank?
Yes, absolutely! Tonik is supervised by the Bangko Sentral ng Pilipinas and your money is insured by the Philippine Deposit Insurance Corporation (PDIC) for up to a maximum of P500,000 per depositor. This means that all your money with Tonik (in your Tonik Account, your Stashes and your Time Deposit) is safe and sound.
What is the interest rate in Tonik?
Our savings account or Tonik Account earns 1 percent interest per annum, our savings pockets or Stashes earn up to 4.5 percent interest per annum, and our Time Deposits earn up to 6 percent interest per annum
How do I pay my Tonik loan with GCash?
Go to Top-up. Click on Online. Then, select GCash. Input your desired top-up amount, your debit card details and perform the required authorization.
Can you transfer Tonik to GCash?
Super easy. Go to your Home Screen, select Send -> GCash account. Input the desired amount and details of the target GCash account, perform the required authorization and done!
Can I loan in Tonik bank?
As the country’s first neobank (digital-only bank), Tonik believes that everyone deserves quick and easy access to loans. So with just a valid government ID, a month’s payslip, and a few taps on our money management app, you can apply and get approval in as fast as 30 minutes.
How do I pay my Tonik loan?
Hi there, luv! Your amount due will be deducted directly from your Tonik Account on your due date, so make sure that your Tonik Account is funded with your amount due to avoid late payment fees.
You can apply for as much as ₱50,000 with up to 24 months installment period
