• Interest rate (p.a.)

    13.47% - 23.36%

  • Loan Tenure

    1 - 5 years

  • Approval Duration

    Within 10 minutes

  • Min. monthly income


Loan calculator
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What's so great about CIMB Bank Personal Loan?
  • 10 minutes loan approval.
  • Borrow up to ₱1,000,000.
  • No processing fees.
  • Loan terms from 12 to 60 months.

Product Features

Min. financing amount₱30,000.00
Max.financing amount Up to ₱1,000,000.00
Min. loan tenure1 year
Max. loan tenure5 years
Interest rateFixed rate of 13.47% - 23.36% per annum, 1.12% to 1.95% per month add-on
Approval durationWithin 10 minutes
Debt consolidationNo

Fees & Charges

One time set up
Processing feeFREE
Stamp duty₱1.50 per ₱200 (fraction of) – to be deducted from disbursed loan amount
Disbursement & misc. feeN/A
Other feesN/A
Early settlementFREE
Late payment charges5% from outstanding due amount or ₱300, whichever higher


Age requirementAge 21 - 65
Employment eligibilityEmployed or self-employed with at least ₱15,000.00 monthly income
Min. salary requirement₱15,000 gross per month
Guarantor / Collateral requirementNo

Other Requirements

Need to open linked banked account?No
Other detailsMethod of payment - Both Online Banking (via DragonPay) and Over The Counter (Bayad and via Dragonpay). Also payment through CIMB Savings Account (manual payment or auto debit)

Product Review byiMoney

CIMB Bank is one of the top 5 largest banks by assets in ASEAN originating from Malaysia. Available in 16 global markets, they are now expanding to the Philippines to provide a seamless and highly efficient banking experience as an all-digital, mobile-first bank headquartered in Bonifacio Global City. Offering best market rates, no initial deposit and maintaining balance requirements on their savings accounts, their primary advantage lies in speed, simplicity, and security of their banking services that are free from transaction fees and all done in a matter of minutes using their mobile app. As for their personal loan product, you can borrow up to a maximum amount of ₱1,000,000 with initial approval in as fast as 10 minutes! With a highly competitive monthly add-on interest rate ranging from 1.12% to 1.95%, you can also enjoy zero processing fees and early settlement fees with a loan tenure of up to 5 years.

Advantages Of Applying With CIMB Bank Personal Loan:

  • Initial approval in as fast as 10 minutes.
  • High loanable amount up to ₱1,000,000.
  • Long loan tenure up to 5 years.
  • No processing or early settlement fees.

If you want to avail, take a look at the rest of the details below for more information regarding the product.

CIMB Bank Personal Loan FAQ

How much can I borrow?

With an CIMB Bank Personal Loan, borrow as much as ₱1,000,000, subject to approval.

What are the CIMB Bank Personal Loan Requirements?

An applicant must fulfill CIMB Bank’s eligibility criteria for a loan:
  • Must be at least 21 years old and no older than 65
  • Must be a Philippine citizen
  • Must have a Philippine mailing address and active local mobile number
  • Must have a minimum gross monthly income of ₱15,000
  • If employed:
    • must be tenured for at least 6 months or 1 year of continuous employment
  • If self-employed:
    • must be operating for at least 1 year.
  • Consequently, after filling out an application form, the following documents are necessary:

    Employed applicants need:
    • Completely filled-out and signed Personal Loan Application Form
    • Photocopy of one (1) valid photo-bearing digitized I.D.
    • One (1) full month’s payslip (issued within the last 2 months). If you have 2 half month documents, you can place them beside each other in a single photo; OR
    • Certificate of Employment issued within the last 2 months, must contain basic pay and signed by the employer; OR
    • BIR Form 2316 (W2)
    Self-employed applicants need:
    • Completely filled-out and signed Personal Loan Application Form
    • Photocopy of one (1) valid photo-bearing digitized I.D.
    • BIR Form 1701

*Additional documents may be required during credit evaluation.

How does the CIMB Bank Personal Loan Calculator work?

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

Is CIMB Bank Personal Loan the right one for me?

Given the astonishing pace of today’s technology, advancements in banking and finance is leading the way in changing the process on how you perform money transactions. Having the primary aim of providing services that will make financial processes as seamless and effortless as possible, CIMB Bank is now bringing their brand of digital banking to the Philippines. With convenience as their key point, they have invested heavily on their mobile app to provide a high quality digital platform while strategically partnering with a network of fund transfer providers such as Gcash, Myeg, Dragonpay, 7-eleven, Bayad Center, and Pesonet to help deliver their services to the widest audience as possible. As their plan rolls into motion, expect better, faster, and easier financial transactions covering their savings account and personal loan products.

Being in a situation where you are short on funds can be a worrisome ordeal. Avoid further stress and resolve it in the soonest possible time. If the current option doesn’t fit your needs, below are similar alternatives that you can consider:

RFC Personal Loan

RFC guarantees you’ll receive the funds you need when you need it most. A fully Filipino-owned company for more than 50 years, RFC offers a variety of financial solutions that can cater to different requirements ranging from car loans to business loans. As for their personal loan that caters to the common everyday employee, with a minimum gross salary of just ₱7,000 per month, you can take a loan starting from ₱5,000 up to ₱50,000 without any collateral. With an interest rate starting at 3.5% per month, you can repay the loan with flexible tenure from 3 up to 12 months. The application process is fast and efficient, with cash disbursement within 3 - 5 working days.

Tala Philippines

Even as a newcomer in the lending industry, Tala Philippines is as efficient as they come. Available in select countries worldwide, Tala offers a highly convenient option in accessing fast and reliable loan services straight from their mobile app. Just download their Android app and you can easily apply for a loan in just a few taps! Without having to worry about the required minimum monthly income, you can borrow from as low as ₱1,000 up to ₱10,000 without the need to have a credit card or provide any form of collateral. You can receive fast approval within the same day and cash disbursement the day after. The interest rate starts from 15% - 15.7% per month and you just have to be 18 - 65 years of age.

Security Bank Personal Loan

As one of the stronger, Filipino-owned, private universal banks in the country, Security Bank focuses on the customer’s needs with bespoke financial services that would cater to any type of requirement. For those in need of urgent funds, the Security Bank personal loan is a multi-purpose, low-interest instrument that could remedy a borrower’s cash-strapped situation. With a loan amount starting from ₱30,000 to as high as ₱2,000,000, you can borrow with flexible payment terms ranging from 1 up to 3 years. Easily get the cash you need in as fast as 5 business days from the time of application. The annual interest rate starts at 29.48% with a low monthly add-on rate of just 1.89%. To qualify, you need to have at least ₱15,000 gross monthly income for those living within Metro Manila, and ₱12,000 for those living outside. You have to be 21 - 65 years of age to be eligible.

There are still other options available that could match your funding requirements, be it for business or personal use. You can browse through our list of online cash loan providers, review their terms and conditions, and choose the right product that fits your need.