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Smart Personal Loans to Explore This June
Compare top loan choices for June and find your best match
Quick Picks
Best for high loan amounts: RCBC Pasado Loan.
Best for no credit history: Tonik Quick Loan.
Most flexible terms: CTBC Bank Salary Stretch Loan.
High Limit and Flexible Term Loans
If you're aiming for substantial funding, these options provide high ceilings and flexible terms. Let's explore what sets them apart.
RCBC Pasado Loan
RCBC Pasado Loan stands out for its high loan ceiling of ₱5 million and flexible terms up to 60 months, making it an attractive option for those needing substantial borrowing power. However, the wide EIR range (19-34%) means your rate depends heavily on your credit profile.
RCBC Pasado Loan
This loan is ideal for first-time borrowers who need quick access to funds without the burden of collateral, making it suitable for personal expenses like education or travel.
- Amount
- ₱20k–₱5M
- Term
- 3–60 mo
- Decision
- fast processing
BPI Personal Loan
BPI Personal Loan offers competitive rates starting at 1.20% monthly. It's a strong choice for existing BPI clients, particularly credit card holders, looking for up to ₱3 million without collateral. The downside? A ₱1,500 processing fee and terms limited to 36 months.
BPI Personal Loan
This loan is best for individuals with high credit scores seeking substantial amounts, up to ₱3 million, for various personal needs.
- Amount
- ₱20k–₱3M
- Term
- 12–36 mo
- Decision
- 2-3 banking days
For those seeking more straightforward eligibility and lower initial costs, the next group offers some compelling features.
Loans for First-Time Borrowers and Credit Builders
These loans cater to individuals without an extensive credit history or those looking to build their credit.
Tonik Quick Loan - Fast Digital Personal Loans
Tonik Quick Loan is designed for first-time borrowers and those with no credit history, offering loans up to ₱50,000 entirely through its app. However, the higher monthly add-on rate of 4.20% is something to consider.
Tonik Quick Loan - Fast Digital Personal Loans
This service is best for individuals seeking quick access to personal loans without the hassle of traditional banking processes.
- Amount
- ₱5k–₱50k
- Term
- 6–12 mo
- Decision
- Instant in-app
CTBC Bank Salary Stretch Personal Loan
CTBC Bank Salary Stretch Personal Loan provides a competitive starting rate of 1.39% without separate processing fees. It's accessible to salaried and self-employed individuals, though the lack of published rates means you should expect variability.
CTBC Bank Salary Stretch Personal Loan
This loan is best for individuals with a stable income looking for manageable loan terms and competitive rates.
- Amount
- ₱20k–₱2M
- Term
- 6–36 mo
- Decision
- within 5 banking days
SB Finance Personal Loan
SB Finance Personal Loan is accessible to freelancers and OFW beneficiaries, offering up to ₱3 million. The flat 2% monthly rate is above average, but it serves a niche audience well.
SB Finance Personal Loan
This loan is ideal for individuals looking to cover various financial needs like education, business, or debt consolidation, especially for credit card holders.
- Amount
- ₱30k–₱3M
- Term
- 12–36 mo
- Decision
- 1-3 business days
While these options cater to diverse needs, our final picks provide stability for those looking for predictable costs and large networks.
Loans with Stable Rates and Extensive Networks
If a reliable banking network and predictable costs are your priorities, consider these options.
BDO Personal Loan
BDO Personal Loan offers predictability with a narrow ACR range and no prepayment penalty. As the largest bank in the Philippines, BDO provides an extensive branch network, although its maximum loan is lower than some competitors.
BDO Personal Loan
This loan is best for individuals looking for significant funding up to ₱2 Million with manageable repayment terms.
- Amount
- ₱10k–₱2M
- Term
- 6–36 mo
- Decision
- 5-7 banking days
Metrobank Personal Loan
Metrobank Personal Loan appeals to those who value a major bank's reliability, offering up to ₱2 million without collateral and lower rates for longer terms. However, the fees can add up, particularly for pre-termination.
Metrobank Personal Loan
This loan is ideal for those with a strong credit profile seeking funding for personal ventures such as education, travel, or other milestones.
- Amount
- ₱20k–₱2M
- Term
- 12–36 mo
- Decision
- 7 banking days
When choosing the right personal loan, consider your needs for loan size, rate flexibility, and network reach. For a detailed breakdown of smart personal loan choices this June, check out Smart Personal Loans for June: Compare Top Picks.
