GoTyme Bank – loan
GoTyme Bank is a digital bank in the Philippines backed by Gokongwei Group and Tyme Group, offering personal loans, savings, and a free Visa debit card.
Applying does not commit you to any contract.
GoTyme Bank is a digital bank in the Philippines, a joint venture between the Gokongwei Group (JG Summit) and Tyme Group, the South African fintech company also behind TymeBank. Launched in 2022, GoTyme Bank combines the reach of Robinsons malls with a fully digital banking experience, offering a free Visa debit card, savings accounts, and personal loans.
GoTyme personal loans are available entirely through their mobile app. Loan amounts range from PHP 5,000 to PHP 250,000 with a monthly interest rate starting at 1.5%. No collateral is required and no physical branch visit is needed. Approval typically takes 1–3 banking days after document submission.
GoTyme Bank is regulated by the Bangko Sentral ng Pilipinas (BSP) and is a member of the Philippine Deposit Insurance Corporation (PDIC). Their app is available on iOS and Android and has garnered high ratings from users for its intuitive design and fast onboarding process.
✓ Pros
- No collateral required
- Fully digital application via app
- Fast approval 1–3 banking days
- Free Visa debit card
- BSP-regulated digital bank
- No hidden fees
✗ Cons
- Available only via mobile app
- Maximum loan PHP 250,000
- Relatively new bank with limited track record
Loan example
Representative example: PHP 50,000 loan, 12 months, 1.5% monthly interest – estimated monthly payment approx. PHP 4,583 + interest, total repayment approx. PHP 59,500.
Loan requirements
- ✓ At least 18 years old
- ✓ Filipino citizen or resident
- ✓ Valid government-issued ID
- ✓ Active GoTyme Bank account
- ✓ Proof of income (payslip or bank statement)
Loan features
- Loan amount PHP 5,000–250,000
- Monthly interest from 1.5%
- Term 3–24 months
- No collateral
- Fully digital application
- Fast 1–3 banking day approval
- BSP-regulated
Frequently asked questions
1-3 banking days after submitting the application.
The minimum amount at GoTyme Bank is ₱5K.