Finding the right personal loan in the Philippines is no longer just about walking into a bank branch and waiting days for approval. In 2026, Filipinos can choose from a wide mix of traditional banks, digital banks, and online lending platforms, each offering different loan sizes, pricing structures, and approval speeds.
Some loans are ideal for big life plans like home renovations or business capital. Others are built for quick emergencies, credit building, or short-term cash flow gaps. The challenge isn’t the lack of options – it’s knowing which loan truly fits your budget, timeline, and risk tolerance.
Below is a refreshed, in-depth comparison of the top personal loan providers in the Philippines, followed by practical advice to help you choose wisely and avoid costly mistakes. ✅
Quick Comparison of Top Personal Loans in the Philippines (2026) ⚡
| Lender | Loan Amount (Published) | Typical Loan Terms | Indicative Pricing* | Standout Features |
|---|---|---|---|---|
| UnionBank Personal Loan | Up to ₱2,000,000 | 12-60 months | ~25%-36% ACR (subject to evaluation) | Fully digital application, fast approval, quick disbursement |
| Finbro | ₱1,000 – ₱50,000 | Up to 12 months | Shown in-app, varies by profile | 100% online, ideal for small emergencies |
| Metrobank Personal Loan | Up to ₱2,000,000 (subject to approval) | 12 / 18 / 24 / 36 months | Monthly add-on ~1.25%-1.75% (ACR ~25.98%-36.74%) | Transparent fees, calculator, clear disclosures |
| Bank of the Philippine Islands Personal Loan | ₱20,000 – ₱3,000,000 | 12-36 months (incl. 30 months) | Max ACR ~28.67% + ₱1,500 processing fee | High loan cap, flexible terms, auto-debit repayment |
| PSBank Flexi Personal Loan | Revolving credit line | Flexible | ~2.5% per month (posted rate) | Revolving or term option, Prime Rebate for early payments |
| EasyRFC (Radiowealth) | ~₱10,000 – ₱5,000,000 | Varies by product | Varies, often collateral-based | Accepts OR/CR or TCT, multi-purpose financing |
| CTBC Bank Philippines Salary Stretch Loan | Up to ~₱1,000,000 | 12-36 months | ~1.39%-1.79% monthly add-on | Bank loan for salaried & self-employed borrowers |
| Equicom Savings Bank | ₱100,000 – ₱5,000,000 | 6-36 months | Monthly add-on set upon approval | No collateral, fixed monthly repayments |
| RCBC Pasado Loan | ₱20,000 – ₱500,000 | 6 or 12 months | ~1.58%-2.83% monthly (EIR ~19%-34%) | 24/7 online access, collateral-free |
| Tonik Bank Quick Loan | Up to ₱20,000 | 6 / 9 / 12 months | Shown in-app | Credit-builder focus, fast app-based approval |
| Kviku Cash Loan | Short-term cash loans | ~60-180 days | Daily interest disclosed in-app | Fully online, fast approval, multiple repayment channels |
Here’s a simplified snapshot before we dive into the details:
- Large loan amounts (₱1M-₱3M+) → Best from major banks
- Fast, fully online approval → Digital banks & fintech lenders
- Short-term emergency cash → App-based microloans
- Flexible repayment & rebates → Revolving or hybrid credit lines
⚠️ Important reminder: A monthly add-on rate is not the same as the true annual cost. Always check the ACR or EIR, plus fees like processing charges, DST, and late penalties.
How to Choose the Right Personal Loan 🤔
Before comparing lenders line by line, keep these fundamentals in mind:
Focus on the Total Cost, Not Just the Rate
A loan with a “low monthly add-on” may still be expensive once fees are included. Always review:
- Annual Contractual Rate (ACR) or Effective Interest Rate (EIR)
- Processing and documentary stamp tax (DST)
- Penalties for late or missed payments
Match the Loan Term to Your Purpose
- 24-60 months → renovations, education, business needs
- 6-12 months → emergencies or short-term cash gaps
Check Eligibility Early
Some lenders require:
- Minimum monthly income
- Existing credit card or bank relationship
- Stable employment or business tenure
Read the Disclosure Statement Carefully
This document shows the exact monthly amortization, total repayment, and all charges. Never skip it. 📄
UnionBank Personal Loan
Best for: Large loan amounts with a fully digital process 🚀
UnionBank continues to lead in digital banking innovation, making it a strong choice for borrowers who value speed and convenience.
Loan amount & terms
- Up to ₱2,000,000
- Flexible terms from 12 to 60 months
Indicative pricing
- Annual loan rate commonly around 25%-36% ACR for new-to-bank clients
- Final rate depends on credit profile
Why it stands out
- End-to-end online application
- Fast approvals and quick disbursement to a UnionBank account
Good to know
Processing fees and DST may apply. Always review the Disclosure Statement to understand the effective annual cost.
Finbro Personal Loan 📱
Best for: Small, fast, fully online cash needs
Finbro caters to borrowers who need quick access to small amounts, especially during short-term emergencies.
Loan amount & terms
- ₱1,000 to ₱50,000
- Up to 12 months
Indicative pricing
- Shown directly in the app
- Adjusted based on your repayment plan and profile
Why it stands out
- 100% app-based process
- Flexible extensions through minimum payment options
Good to know
Always double-check the repayment schedule inside the app before confirming your loan.
Metrobank Personal Loan
Best for: Transparent pricing with clear cost examples 📊
Metrobank is often favored by borrowers who want clear disclosures and predictable monthly payments.
Loan amount & terms
- Up to ₱2,000,000 (subject to evaluation)
- 12, 18, 24, or 36 months
Indicative pricing
- Monthly add-on rate around 1.25%-1.75%
- Sample ACRs roughly 25.98%-36.74%, with fees explained
Why it stands out
- Online loan calculator
- Transparent breakdown of processing fees, DST, and penalties
Good to know
Rates are competitive, but approval depends heavily on income stability and credit standing.
Bank of the Philippine Islands Personal Loan
Best for: High loan caps and flexible tenors 🏦
BPI remains a popular choice for borrowers needing larger amounts with manageable monthly payments.
Loan amount & terms
- ₱20,000 to ₱3,000,000
- 12 to 36 months (including a 30-month option)
Indicative pricing
- Maximum ACR around 28.67%
- One-time ₱1,500 processing fee
- DST applies above certain thresholds
Why it stands out
- Auto-debit repayment for convenience
- Fast crediting to a BPI account
Good to know
Best suited for borrowers with strong income documentation and existing bank relationships.
PSBank Flexi Personal Loan (Prime Rebate)
Best for: Flexible borrowing with rewards for early payment 🎁
PSBank’s Flexi Personal Loan works like a credit line that can switch between revolving and fixed-term modes.
Product type
- Unsecured credit line
Indicative pricing
- Posted rate around 2.5% per month (subject to change)
Why it stands out
- Prime Rebate credits savings when you pay early or above the minimum
- Ideal for disciplined borrowers who pay ahead
Good to know
Not ideal if you only make minimum payments, as costs can add up.
EasyRFC (Radiowealth) Multi-Purpose Loan 🧾
Best for: Flexible financing with collateral options
EasyRFC operates as a lending company offering multiple loan types under one platform.
Loan amount & terms
- Commonly ₱10,000 to ₱5,000,000 (product-dependent)
Collateral options
- Vehicle OR/CR
- Real estate TCT
Why it stands out
- Accepts collateral to unlock higher amounts
- Suitable for business or asset-backed needs
Good to know
Rates and requirements vary widely by product, so comparison is essential.
CTBC Bank Philippines Salary Stretch Loan
Best for: Salaried and self-employed borrowers seeking a bank loan
CTBC Bank provides structured personal loans with clear eligibility guides.
Loan amount & terms
- Often up to around ₱1,000,000
- 12 to 36 months
Indicative pricing
- Monthly add-on commonly around 1.39%-1.79%
Why it stands out
- Straightforward requirements
- Suitable for both employed and self-employed applicants
Good to know
Rates may vary depending on promotions and borrower profile.
Equicom Savings Bank Personal Loan 💼
Best for: Higher-ticket needs with fixed repayments
Equicom focuses on borrowers who prefer predictable monthly amortization.
Loan amount & terms
- ₱100,000 to ₱5,000,000
- 6 to 36 months
Indicative pricing
- Monthly add-on set upon approval
Why it stands out
- No collateral required
- Fixed monthly payments
Good to know
Approval standards are bank-level, so documentation is key.
RCBC Pasado Loan
Best for: Digital, collateral-free borrowing via partner platforms
RCBC Pasado Loans are accessible through online portals and partner channels.
Loan amount & terms
- ₱20,000 to ₱500,000
- 6 or 12 months
Indicative pricing
- Monthly interest around 1.58%-2.83%
- Approximate EIR of 19%-34%
Why it stands out
- 24/7 application availability
- No collateral required
Good to know
Shorter terms mean higher monthly payments.
Tonik Bank Quick Loan (Credit Builder)
Best for: Building credit through small, app-based loans 📲
Tonik’s Quick Loan is designed for borrowers starting or repairing their credit history.
Loan amount & terms
- Up to ₱20,000
- 6, 9, or 12 months
Indicative pricing
- Displayed in-app during application
Why it stands out
- Fast approval
- Helps establish repayment history
Good to know
Best used responsibly, not repeatedly.
Kviku Cash Loan ⚡
Best for: Short-term, fully online cash loans
Kviku targets borrowers needing immediate short-term funding.
Loan amount & terms
- Offers shown in-app
- Typical tenors around 60-180 days
Indicative pricing
- Daily interest clearly disclosed
Why it stands out
- Fully digital application
- Multiple repayment channels
Good to know
Daily interest adds up quickly if repayment is delayed.
Final Thoughts: Borrow Smart in 2026 ✅
Personal loans can be powerful tools when used wisely – or costly burdens when rushed. Always:
- Compare total repayment, not just monthly rates
- Borrow only what you truly need
- Stick to lenders with clear disclosures
Choosing the right personal loan today can protect your finances tomorrow. 💙
