In this challenging time, get the financial boost you need with our low-interest personal loan.
Never put your plans on hold 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:
*As long as the secured portion is not financed by Security Bank
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|
|Term||Monthly Add-on Rate*|
*The Annual Percentage Rate (APR) begins at 29.48%.
*Estimated maximum APR is 37.53%.
*Rates shown are indicative only and may change upon approval.
Sample Computation: If you borrow P50,000 payable in 12 months using 29.48% APR, your monthly payment would be P5,110.
|Processing Fee||PHP 2,000|
|Notarial fee for loan P100,000.01 to 500k||PHP 125|
|Notarial fee for loans P500,000.01 to 1M||PHP 150|
|DST||Approved Loan Amount / 200 * 1.50|
|Penalty fee||3% of past-due amount for the month|
“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.
“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.
B. If Employed:
C. If Self-Employed:
Note: Additional documents may be required to process the 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.
You have option to pay the loan amount for: 12, 18, 24 and 36 months.
|Term||Monthly Add-on Rate|
The Annual Percentage Rate (APR) begins at 29.48%.
If you borrow P50,000 payable in 12 months using 29.48% APR, your monthly payment would be P5,110.
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:
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.
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 [email protected]
Loan proceeds are released through Manager’s Check (MC) or Credit to Security Bank Account. Loan proceeds may be claimed at the Loan Releasing Area (No. 849-A GF Keyland Building Arnaiz Ave Makati City) or through branch where loan was applied. During loan availment, you must bring the following:
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.
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.
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.
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.