Maybank Enable Personal Loan
Get the lowest add-on rates available in the Philippines, for all your cash needs.
Interest rate (p.a.)
15.60% - 15.60% |
Loan Tenure
1 - 3 years |
Approval Duration
Up to 5-10 working days |
Min. monthly income
₱25,000 |
What's so great about Maybank Enable Personal Loan?
- 1.1% add-on per month for employed borrowers and 1.3% for self-employed borrowers.
- Borrow any amount from ₱50,000 to ₱1,000,000.
- Flexible terms from 12 to 36 months.
Product Features
Min. financing amount | ₱50,000.00 |
Max.financing amount | Up to ₱1,000,000.00 |
Min. loan tenure | 1 year |
Max. loan tenure | 3 years |
Interest rate | Fixed interest rate starting at 1.30% per month for employed / self - employed |
Approval duration | Up to 5-10 working days |
Debt consolidation | No |
Fees & Charges
One time set up | |
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Processing fee | ₱2,000.00 |
Stamp duty | ₱1.00 for every ₱200.00 in excess of ₱250,000.00 of the loan amount |
Disbursement & misc. fee | N/A |
Penalties | |
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Early settlement | None if you have inform the bank one month ahead. |
Late payment charges | 5.00% p.a. on any balance outstanding |
Eligibility
Age requirement | Age 23 - 55 |
Employment eligibility | At least ₱25,000.00 monthly income for employed or ₱200,000 for self-employed |
Min. salary requirement | ₱25,000 gross per month |
Guarantor / Collateral requirement | No |
Other Requirements
Need to open linked banked account? | Yes |
Other details | Method of Payment - Cash, Online banking, Check or ATM Transfers |