Tenor | Monthly Add-on Rate | Annual Contractual Rate |
---|---|---|
12 months | 1.75% | 36.742% |
18 months | 1.75% | 36.676% |
24 months | 1.50% | 31.459% |
36 months | 1.25% | 25.976% |
Basic fees and charges for Personal Loan:
- Disbursement Fee - Php 1,500
- Documentary Stamp Tax - Php 1.50 for every Php 200 of the loan amount (for loans above Php 250,000)
- Late Payment Fee - Php 850 per incidence of late payment or non-payment
- Pre-termination Fee - 5% of Outstanding Balance or Php 550, whichever is higher
*Rates and fees are subject to change without prior notice.