Personal Loan

Planning to take your education further? Fund your tuition with our low-interest personal loan.

Get the Cash You Need

Make your dreams come true with our multi-purpose, low-interest personal loan option with affordable payment terms. Consider a personal loan as your lifeline or a safety net in times when you need that financial boost. You can also use it for:

Education
Travel
Emergencies
Home Improvements/ Lot Down Payments *
Car Repair/ Car Purchase *

*As long as the secured portion is not financed by Security Bank

At a Glance

Take a look at what we can offer:

Minimum Loan Amount	PHP 30,000
Maximum Loan Amount	PHP 2,000,000
Payment Terms	up to 36 months
Approval Time	within 5 banking days

Personal Loan Calculator

Standard Personal Loan Rates

Term	Monthly Add-on Rate*
12-36 months	1.89%

*The Annual Percentage Rate (APR) begins at 29.48%.
*Rates shown are indicative only and may change upon approval.

Hear from our clients

“Used a SB Personal Loan to fund my Eurotrip and I never looked back! Thank you Security Bank for making my dreams come true.”

Sarah A.

Pasig

“Applied for a Personal Loan at Security Bank to finish my Masters degree. It was super easy. Now I’m one step closer to my Doctorate degree.”

Erwin C.

Bocaue

Documentary Requirements

A. Completely Filled out and signed application form. For online application, go here. If you’re applying at a branch, click here to download the form.

B. If Employed:

One (1) valid government-issued photo ID
Income Documents, any of the following:
- Certificate of Employment and Compensation
  – issued within the last six (6) months
- Latest ITR
- Latest one (1) month payslip

C. If Self-Employed:

One (1) valid government-issued photo ID
Latest 1-year Audited Financial Statement (AFS) with at least the previous year’s comparative financials
SEC Registration / DTI Certificate
Business Permit / Mayor’s Permit
Latest three (3) months bank statements
Latest GIS (if corporation)
List of 3 trade references (at least 1 supplier and 1 customer) with contact details

Note: Additional documents may be required to process the loan.

Eligibility

At least 21 years old at the time of application but not more than 65 years old upon loan maturity
- Must be a Filipino Citizen
- Must have an office or residence landline.
If Employed
- Minimum gross monthly income:
  - For Metro Manila: PHP15,000
  - For outside Metro Manila: PHP12,000
If Self-employed:
- For Self-Employed or Self-Employed Professionals, borrower must be the owner or a majority owner with at least 40% stake AND the business has been operating profitably for at least 2 years with at least 1 trade reference.
- Minimum gross monthly income:
  - For Metro Manila: PHP30,000
  - For outside Metro Manila: PHP25,000

How to Apply

Go to the Online Personal Loan Application Facility.
Accomplish the form by filling out all the required fields.
Attach all the scanned copies or photos of requirements.
Agree to the Terms and Conditions and click Next. Wait for a confirmation through SMS.

Ready to Apply for a Personal Loan?

Apply online now

Frequently Asked Questions

How much is the amount I can loan?

Minimum amount that you can avail is Php 30,000.00 and maximum is Php 2,000,000.00. Loan amount will be based on credit evaluation and income documents submitted.

For how many months/terms I can pay the loan?

You have option to pay the loan amount for: 12, 18, 24 and 36 months.

Term	Monthly Add-on Rate
12-36 months	1.89%

The Annual Percentage Rate (APR) begins at 29.48%.

Sample Computation:

If you borrow P50,000 payable in 12 months using 29.48% APR, your monthly payment would be P5,110.

What are the fees and charges?

Processing Fee of Php2,000.00, to be deducted from loan amount upon loan booking.

Documentary Stamps of Php 1.50 for every Php 200.00, for loans exceeding Php 250,000.00

Example: Loan amount is P251,000.00 / 200 = Php 1255

Notarial Fee for loans more than P100K are:

100,000.01 to 500,000.00 – P125.00
500,000.01 to 1M – P150.00

Late Payment Fee is 3% of the amount due or PHP500 whichever is higher.

Pre-termination Processing Fee of Php 2,500 (based on PN). A closure handling of Php 2,500 will also be implemented.

How will I know if my loan is approved?

An SBC representative will notify you on the result of your application. You may also contact our Customer Service Hotline at 02-88879188 or you may send an email at plonlineapp@securitybank.com.ph.

How will I get my loan proceeds?

Loan proceeds are released through Managers Check (MC) or Credit to Security Bank Account. Loan proceeds may be claimed at Loan Availment Center in SBS Makati (3F, Security Bank Center, 6797 Ayala Avenue, Makati City) or through branch where loan was applied. During loan availment you must bring the following:

If employed, original company ID and one (1) valid government issued IDs
If self-employed, original two (2) valid government issued IDs
Other documents required for booking that will be relayed by the SBC representative that will call you regarding the loan approval.

Can I get a personal loan if I have a cancelled credit card?

If you have a cancelled credit card from any bank, please get the necessary clearance before applying for a personal loan to ensure the smooth processing of your application.

Can I pre-terminate my loan?

Yes, you can pre-terminate the loan but there will be a processing fee of Php 2,500 (based on PN) shall be applied to your account.

Can I re-avail of a loan?

You can re-avail your personal loan as long as you have already paid at least half of your original loan term, and there has been no record of missed payments.

Example: Original loan term is for 12 months and you have already paid your amortizations for 6 months already, you can apply for re-availment. Upon booking, your previous loan balance will be deducted from the proceeds of your new loan.

Can I avail of two personal loans at the same time?

Borrower cannot avail two separate loans at the same time. At least half of the term for the existing loan must be paid off first before they can apply for another loan.