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Metrobank Personal Loan

Whether it is for your business, education, or dream vacation, Metrobank Personal Loan can help you achieve whatever you want in life.

  • icon Interest Rate
    Interest rate (p.a.)
    15.00% - 21.00%
  • icon Min. monthly income
    Loan Tenure
    1 - 3 years
  • icon Min. monthly income
    Approval Duration
    Loan processed in as fast as 7 business days.
  • icon Min. monthly income
    Min. monthly income
    ₱ 30,000

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Monthly salary 30000
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Whats so great about Metrobank Personal Loan?

  • Enjoy rates as low as 1.25% monthly

  • Loan processed in as fast as 7 business days.

  • Borrow up to a maximum loan amount of Php 2 Million

Product Features

Interest Rate Enjoy rates as low as 1.25% monthly
Max. Loan Tenure Payment terms of up to 36 months.
Max. Financing Amount Borrow up to a maximum loan amount of Php 2M

Fee & Charges

One time set up
Disbursement & misc. fee Disbursement Fee of Php 1,500
Stamp Duty Documentary Tax Stamp (applies only for loan amounts exceeding Php 250,000)
Other Fees Pre-termination Fee – 5% of Outstanding Balance or Php 550, whichever is higher
Late Payment Charges Php 850 per incidence of late payment or non-payment


Min. salary requirement Gross annual income of at least Php350,000
Employment eligibility Employed: Regular status for at least 1 year (at least 2 years for Call Centers) Self-Employed/Freelance: At least 2 years in the current business
Employment eligibility With existing Credit Card with other bank in good standing for 9 months & Php25,000 limit

Review by iMoney

Metrobank Personal Loan is a financial product offered by Metrobank, one of the leading banks in the country. It is a loan facility designed to provide individuals with the necessary funds to meet their personal financial needs. Whether it's for home renovations, education expenses, medical bills, or any other personal expenses, Metrobank Personal Loan offers a convenient and flexible solution.

This loan product allows borrowers to access a specific amount of money with fixed monthly installments over a predetermined period. The loan terms are tailored to suit individual needs and repayment capabilities. With competitive interest rates and flexible repayment options, Metrobank aims to make borrowing hassle-free and affordable for its customers.

Metrobank Personal Loan Philippines provides customers with financial flexibility and peace of mind, allowing them to fulfill their dreams and aspirations without compromising their budget or savings. With personalized loan offers and dedicated customer service support, Metrobank strives to make the borrowing experience convenient and rewarding for its customers.

Learn more about the features and benefits of Metrobank Personal Loan:

  • You can borrow up to ₱2 Million, depending on your credit evaluation and income.
  • You can choose from 12, 18, 24, or 36 months of loan repayment period.
  • You can enjoy monthly add-on rates as low as 1.25%, which translates to an annual contractual rate of 25.976%.
  • You only need to submit two documents: a signed promissory note and disclosure statement, and a valid government ID.
  • You can use your loan for any purpose, such as travel, education, wedding, or emergency expenses.
  • You can apply online through iMoney, Metrobank website, or visit any Metrobank branch near you.

Here are some frequently asked questions about Metrobank Personal Loan:

Metrobank Personal Loan FAQ

How can I apply for a Metrobank Personal Loan?

Applying for a personal loan from Metrobank is a simple and straightforward process. Interested individuals can apply online through iMoney, visit their nearest Metrobank branch, or apply online through the bank's website.To begin, gather all the necessary documents such as proof of income, valid identification, and proof of address. Once you have these ready, you can follow these steps to apply for a personal loan with Metrobank:

  1. You can apply directly through iMoney by tapping on the apply button and filling in the iMoney online application form. Alternatively, you can Visit the Metrobank website or go to your nearest Metrobank branch to inquire about their personal loan offerings.
  2. Fill out the online iMoney application form and make sure to provide accurate and complete information.
  3. Prepare the required documents along with your application form for submission. These documents may include your latest payslips, income tax returns (ITR), bank statements, and any other supporting documents requested by Metrobank.
  4. Wait for the bank's evaluation process to be completed. This may take some time as they assess your eligibility based on factors such as credit history, income stability, and overall financial standing.
  5. If your application is approved, you will be notified by Metrobank regarding the loan amount approved and the terms and conditions of repayment.
  6. Review the loan offer carefully before accepting it. Take note of important details such as interest rates, repayment period, monthly installment amounts, and any applicable fees or charges.
  7. Once you have accepted the loan offer, sign any necessary agreements or contracts provided by Metrobank.
  8. After completing all necessary documentation and requirements, wait for the disbursement of funds into your designated account.

Remember that each applicant's situation may vary, so it's always best to directly inquire with Metrobank for specific details regarding their personal loan application process.

What are the eligibility requirements for a Metrobank Personal Loan?

When it comes to applying for a personal loan, it's important to understand the eligibility requirements set by the lender. In the case of Metrobank, one of the leading banks in the Philippines, there are certain criteria that applicants need to meet in order to be considered for a personal loan.

First and foremost, applicants must be at least 21 years old but not more than 65 years old upon loan maturity. They should also have a stable source of income, whether through employment or self-employment. This is crucial as it demonstrates the borrower's ability to repay the loan within the agreed terms.

In terms of income requirements, Metrobank typically requires applicants to have a minimum gross annual income of ₱350,000. However, this may vary depending on factors such as loan amount and repayment term.

Additionally, applicants must have a good credit standing. This means having a positive credit history with no major defaults or delinquencies. A good credit score helps build trust between borrowers and lenders and increases the chances of loan approval.

It's worth noting that these eligibility requirements may differ depending on various factors such as loan purpose and specific promotions offered by Metrobank. Therefore, it is always advisable to directly contact Metrobank or visit their official website for accurate and up-to-date information regarding their personal loan eligibility criteria.

By meeting these eligibility requirements set by Metrobank for their personal loans, individuals can increase their chances of securing financial assistance that meets their needs and goals.

What is the minimum and maximum Metrobank personal loan amount that I can borrow?

When it comes to personal loans, finding the right amount to borrow is crucial. Metrobank, one of the leading banks in the Philippines, offers a range of options to suit your financial needs. Whether you require a minimum or maximum loan amount, Metrobank has got you covered.

For those seeking a smaller loan amount, Metrobank's personal loan starts at a minimum of ₱20,000. This allows you to address pressing financial concerns without taking on more debt than necessary. With this flexible option, you can cover unexpected expenses or fund immediate necessities with ease.

On the other hand, if you have bigger plans in mind and require a larger loan amount, Metrobank provides a maximum borrowing limit of up to ₱2,000,000, based on your income and creditworthiness. This allows you to make significant investments or finance major life events such as weddings or home renovations.

With Metrobank's personal loans, you can enjoy competitive interest rates and flexible repayment terms that suit your financial situation. The application process is streamlined and hassle-free, ensuring that you can access the funds quickly when needed.

So whether it's for small-scale emergencies or significant milestones in your life, trust Metrobank to provide the right loan amount that meets your requirements. Their reliable financial solutions combined with their excellent customer service make them an ideal choice for individuals seeking personal loans in the Philippines.

What is the interest rate for Metrobank Personal Loan?

Are you in need of financial assistance in the Philippines? Look no further than Metrobank's Personal Loan program. With its competitive interest rates and flexible terms, Metrobank is committed to helping individuals like you achieve your personal and financial goals.

One of the key factors that sets Metrobank apart is its attractive interest rates. Unlike other lenders, Metrobank offers some of the most competitive rates in the market, as low as 1.25% monthly, making it an affordable choice for those seeking a personal loan. Whether you're planning to renovate your home, fund a dream vacation, or consolidate your debts, Metrobank's Personal Loan program ensures that you can access the funds you need without breaking the bank.

In addition to its favorable interest rates, Metrobank also provides flexible repayment terms tailored to suit your individual needs. You can choose from various loan tenures ranging from 12 to 36 months, allowing you to manage your finances more effectively.

How long is the repayment period for a Metrobank Personal Loan?

The repayment period for a Metrobank Personal Loan can vary depending on the loan amount and the borrower's preference. Metrobank offers flexible repayment terms ranging from 12 to 36 months, giving borrowers the freedom to choose a repayment period that best suits their financial situation.

Whether you need a shorter repayment period to pay off your loan quickly or prefer a longer term with lower monthly installments, Metrobank provides options to accommodate your needs. This flexibility allows borrowers to manage their finances effectively and comfortably throughout the loan term.

By offering various repayment periods, Metrobank strives to provide personalized solutions that align with each individual's financial goals and capabilities. Whether it's for debt consolidation, home improvements, or other personal expenses, Metrobank aims to make the loan repayment process convenient and manageable for its customers.

Can I use the Metrobank Personal Loan for any purpose?

Yes, you can use the Metrobank Personal Loan for any purpose you desire. Whether you need funds for a dream vacation, home renovations, medical expenses, or debt consolidation, this loan gives you the flexibility to use the funds as per your needs.

Metrobank understands that everyone has different financial goals and priorities. That's why they offer a personal loan that allows you to address your specific needs without any restrictions. With this loan, you have the freedom to pursue your dreams and achieve your goals.

Whether it's for education expenses, starting a business, or even funding a wedding celebration, Metrobank Personal Loan provides you with the financial support to make it happen. Take advantage of this versatile loan option and turn your aspirations into reality.

Are there any processing fees or hidden charges for the personal loan?

If you're considering a personal loan from Metrobank, it's important to be aware of any potential processing fees and hidden charges that may be associated with the loan. While personal loans can be a convenient way to access funds for various needs, understanding the complete cost of borrowing is crucial in making informed financial decisions.

Metrobank, as a reputable financial institution, aims to provide transparency in its loan offerings. However, it is always advisable to carefully review the terms and conditions before proceeding.

This includes looking out for any processing fees that may apply during the application process or throughout the duration of the loan.

Hidden charges can sometimes catch borrowers off guard, leading to unexpected financial burdens. Therefore, it's essential to ask questions and seek clarification from Metrobank representatives regarding any potential hidden charges that might arise during your personal loan journey.

By being diligent and well-informed about processing fees and hidden charges associated with Metrobank personal loans, you can make confident decisions about your borrowing needs while avoiding any unpleasant surprises along the way.

The following are the fees and charges for Metrobank Personal Loan:

  • Disbursement Fee: Php 1,500
  • Documentary Stamp Tax: Php 1.50 for every Php 200 of the loan amount (for loans above Php 250,000)
  • Late Payment Fee: Php 850 per incidence of late payment or non-payment
  • Pre-termination Fee: 5% of Outstanding Balance or Php 550, whichever is higher

Can I apply for a Metrobank Personal Loan online?

Yes, you can definitely apply for a Metrobank Personal Loan online. iMoney offers a convenient and hassle-free online application process for Metrobank personal loan, allowing you to apply from the comfort of your own home or anywhere with an internet connection.

By applying online, you can save time and effort compared to traditional methods of applying for a loan. You no longer need to visit a physical branch or fill out lengthy paper forms. Instead, you can simply visit the iMoney website, navigate to the personal loans section, and follow the step-by-step online application process.

Applying online also gives you the advantage of easily comparing different loan options and features offered by Metrobank. You can review the terms and conditions, interest rates, repayment terms, and other important details before making your decision.

Rest assured that iMoney's online application system is secure and protects your personal information. We have implemented robust security measures to ensure that your data is kept safe throughout the application process.

So if you are in need of financial assistance and considering a Metrobank Personal Loan, take advantage of iMoney’s convenient online application process today. Apply from anywhere at any time to enjoy quick approval and disbursement of funds for your financial needs.

How long does it take to get approval for a Metrobank Personal Loan?

Are you in need of a personal loan but find the process daunting and time-consuming? One of the most significant advantages of choosing Metrobank Personal Loan is the swift processing time, where efficiency and convenience are at the forefront. The loan processing time is as fast as 7 business days, subject to the submission of complete requirements and credit verification. With Metrobank's streamlined approval process, you can say goodbye to lengthy procedures and hello to quick and hassle-free loan applications. 

Unlike traditional lenders, Metrobank understands that time is of the essence when it comes to fulfilling your financial needs. With their advanced technology and efficient systems, they ensure that your loan application is processed promptly, allowing you to access the funds you require without unnecessary delays.

To make things even more convenient for you, Metrobank has simplified their required documents. They understand that paperwork can be overwhelming, which is why they have carefully curated a list of essential documents needed for your loan application. This means less time spent gathering paperwork and more time focusing on what truly matters – achieving your financial goals.

How do I pay for my Metrobank Personal Loan?

You can pay for your monthly amortization through any of the following methods:

  • Automatic debit arrangement from your Metrobank deposit account
  • Post-dated checks issued to Metrobank
  • Over-the-counter payment at any Metrobank branch
  • Online payment through [Metrobank Online Banking] or [Metrobank Mobile Banking]

Is Metrobank Personal Loan the right product for me?

By choosing Metrobank Personal Loan, you are opting for a trusted financial institution that prioritizes your needs. Their commitment to providing impeccable service coupled with their modern approach ensures a smooth and efficient borrowing experience like never before.

With a solid reputation built over decades of service in the banking industry, Metrobank is a trusted name when it comes to personal loans in the Philippines. Its commitment to customer satisfaction ensures that every step of the loan process is transparent and reliable.

Don't let financial constraints hold you back from achieving your dreams. Take advantage of Metrobank's Personal Loan program today and experience how their competitive interest rates and flexible terms can make all the difference in helping you meet your financial needs with ease.