RFSC Personal Loan

Guaranteed cash whenever you need it!

  • icon Interest Rate
    Interest Rate
  • icon Min Loan Amount
    Min Loan Amount
  • icon Min. monthly income
    Loan Tenure
    3 - 36 months
  • icon Processing Time
    Processing Time
    3-5 banking days

Loan Calculator

icon New Base Rate Loan Calculator

Monthly salary 15000
Interest Rate
You Pay
Total Interest Payable
Total Amount Payable

Whats so great about RFSC Personal Loan?

  • Guaranteed cash whenever you need it!

  • No collateral required

  • Up to ₱5 Million loan approval

  • Apply for a loan with a monthly income of as low as ₱15,000

Product Features

Min. Financing Amount ₱ 10000
Max. Financing Amount ₱ 100000
Min. Loan Tenure 3 months
Max. Loan Tenure 36 months
Interest Rate 1.5% - 4% per month
Approval Duration 3-5 banking days
Debt Consolidation No

Fee & Charges

Processing Fee 0% for the first loan
Stamp Duty 12 months = (PNV / 200) x 1.5; < 12 months = ((PNV /200) x 1.5) x (term / 12)
Disbursement & misc. fee ₱200 notarial fee
Early Settlement N/A
Late Payment Charges 5% of amount due


Min. salary requirement ₱ 15000
Guarantor/Collateral Requirement No Collateral requirement / No Co-maker or Guarantor requirement (although there are some instances where co-maker may be required)

Other Requirements

Need to open linked bank account? No

Review by iMoney

Radiowealth Financing Services Corporation (RFSC) is a fully Filipino owned company that has been offering loan solutions to the public for the past 50 years. With products that specifically cater to the usual financial needs of the common Filipino, they provide a variety of financing options that ranges from car, appliance, education, OFW, and salary loans, to business loans that covers financing for machineries and heavy equipment, medical apparatus, and even SME working capital or store inventory loans. For their personal loan, you can borrow from as low as ₱50,000 to as much as ₱5 Million at a minimum 1.5%-3% add-on-rate per month. Loan tenure ranges from 3 months to 1 year and applicants must have a monthly income of ₱15,000 residents aged 21 to 64 years.

Advantages Of Applying With RFSC:

  • No collateral required.
  • Low monthly income requirement.
  • 1.5%-3% add-on interest rate per month.
  • Flexible loan tenure of 3, 6, 9, 12 up to 36 months.

You can check below details for more information.

RFSC Personal Loan FAQ

How can I apply for an RFSC Personal Loan?

Go to RFSC’s website and hover over the “Products” tab found on the upper left-hand side of their website. If you’re on mobile, click on the drawer button at the upper right-hand side of the screen, it will present you the header options including the “Products” tab. Under the products tab, click on “Multipurpose loan”. There are eight types of multipurpose loans you can apply for. Choose which “Personal Loan” and click “Get It Now.” The next page is where you fill up all your basic personal information. Click “Next” once done. The last page is where you will need to fill in information about your source of income. You will also be required to upload your documents on this page. Click “Submit” once you’re done. You will receive a call within 24 to 48 hours from the time of application and you may claim your funds from the branch near you.

How much can I borrow?

With RFC Personal Loan, borrow from as low as ₱10,,000 to as much as ₱50,000 subject to approval.

What is the interest rate, fees, and other charges or penalties?

Interest rates are 2.5% to 4.5% per month. Other fees include a One-time 6% processing fee deducted from the approved loan amount and a ₱200 notarial fee.

What are the payment methods for loan repayment?

Their available and only repayment method is through post dated checks (PDC).

How does the RFSC Personal Loan Calculator work?

The RFSC Personal Loan calculator computes the estimated cost of borrowing and amount of payment per installment. Input the desired loan amount to automatically get the estimated monthly amortization for different tenors.

Why should I apply for an RFSC personal loan? Is it the right one for me?

If you're not in a rush to get some cash or you can afford to wait for at least a week to get a loan, this is the best loan option that you have on the list. It has the lowest interest rate, more flexible terms, and bigger loan amount. You can better manage your cash flow by taking longer-term loans like the ones that RFSC offers.

What are the RFSC Personal Loan Requirements?

An applicant must fulfill RFSC's eligibility criteria for a loan:

  • For employed, at least 6 months employed or permanent status or at least 1 year employed for BPO / Contractual / under agency.
  • For self-employed, business must at least be 1 year operational & duly registered.
  • For OFW's or allottees, must be working or receiving remittance for at least 1 year already.
  • Borrower must be at least 21-64 years old.
  • Must be Filipino citizen and with permanent residence.

Consequently, after filling out an application form, the following documents are necessary:

Employed applicants need:

  • 1 valid government-issued ID + valid Company ID
  • Latest COE (validity is 1 month from issuance date), or Philhealth/SSS Contribution (past 6 mos, with employer's name & total number of contributions)
  • Latest 2 months payslip
  • Latest Proof of Billing
  • 4 character references (2 relatives + 2 co-workers)

Self–Employed applicants need:

  • 2 valid government-issued IDs
  • Proof of Business (Valid DTI Reg & Business/Brgy Permit)
  • Picture of business
  • Proof of income from business
  • Latest Proof of Billing
  • 4 character references (2 relatives + 2 trade references)

Overseas Filipino Workers (OFWs) / Allottees will need:

  • 2 valid government-issued IDs
  • Latest 3 months Proof of Remittance
  • Latest valid Employment Contract + Plane Ticket (if any)
  • Latest Proof of Billing
  • 4 character references

*Additional documents may be required during credit evaluation.

How can I check my RFSC personal loan application status?

To the check the status of your loan, you can get in touch with them through the following contact info:
Call: (+632) 8584-6033
Text: (+63) 961-136-1660
(+63) 995-307-9062
Email: customercare@rfc.com.ph

Once approved, how can I receive my loan?

Your loan will be disbursed through their nearest branch in your area.

What's the process for loan renewal?

The renewal process is the same as the first time application process, some documents from your initial application may still be valid but others such as proof of income, billing, and etc may require more recent documentation.

Is RFSC a legit lending company? How will I know it's not a scam?

RFSC is one of the longest-running private finance/lending company in the Philippines. The company was established in 1964 and they pioneered (non-bank) offering car and appliance loans to Filipinos. Through the years, they have diversified their financial services granting an array of personal loan options to their customers. They're also registered in SEC and has been offering financial solutions to consumers without any legal troubles in the past.

If you want to browse for more options, you can check out the following products listed below and research their features to see if it matches your needs:

FundKo Personal Loan

If you are looking for funds to finance your new business quickly, or if you need to immediately settle an outstanding debt, you can apply for a FundKo personal loan and get approved in as fast as 3 - 5 days. With this multi-purpose loan, you can borrow from as low as ₱15,000 up to ₱250,000 with an interest of 18% per annum. You can settle this loan with flexible payment terms ranging from 3, 6, 9, up to 12 months. What’s also great is that you can apply even if you don’t have any credit card or collateral. You can be eligible for this loan if you have minimum monthly salary of ₱20,000 and between 20 - 65 years of age.

Asteria Personal Loan

Whatever your need is, you can trust Asteria Lending to provide the additional funds that you require. For immediate cash, you can apply for an Asteria Personal Loan to help you resolve any urgent financial issue. Get approved in as fast as 48 hours, and get the money straight to you account. You can loan from ₱2,000 up to ₱20,000 with interest charge of 0.8% per day. There are no required collateral and you need to have a minimum monthly income of only ₱10,000. Applicants must be 21 - 60 years of age and the loan must be settle from 10 weeks up to 3 months maximum.

If you are more inclined in taking a loan from major banks in the industry, then you can always consider getting one from the top online loan providers in the country. It may take more time and required documents to prepare before you get approved but you can easily compare and review application details on our site before you proceed with the whole process.