OFWLoan – Loan Application

4.4 / 5  (145 reviews)
Maximum amount ₱300K
Interest from 21.00%
Loan term 6 – 32 months
Approval in 3-5 banking days
Apply at the official OFWLoan website ad

Applying does not commit you to any contract. Loan approval is subject to OFWLoan terms and conditions.

Screenshot of website: https://ofwloan.com.ph, website owner: OFWLoan, screenshot used under fair use.

OFWLoan website screenshot

Contact information

OFWLoan – Repayment table

Approximate monthly installments at 21.00% interest rate. Actual installment is determined upon loan approval.

Amount \ Term 6 months 12 months 24 months
₱10K ₱1,770.23 ₱931.14 ₱513.86
₱20K ₱3,540.45 ₱1,862.28 ₱1,027.71
₱30K ₱5,310.68 ₱2,793.41 ₱1,541.57
₱40K ₱7,080.90 ₱3,724.55 ₱2,055.43
₱50K ₱8,851.13 ₱4,655.69 ₱2,569.28
₱60K ₱10,621.35 ₱5,586.83 ₱3,083.14

Representative example

Loan amount ₱28K
Repayment period 24 months
Interest rate 21.00% per month
Monthly installment ₱1,413.11
Total interest cost ₱6,414.53
Total amount payable ₱33,914.53

* Example is for illustration purposes only. Actual interest rate may vary based on lender assessment and your credit profile. Conditions are determined upon signing the contract.

Quick overview

Loan amount ₱5K – ₱300K
Loan term 6 – 32 months
Interest from 21.00%
Approval 3-5 banking days
Age requirement 21-60 years old
Online application Yes

Loan requirements

  • ✓ Valid government-issued ID (SSS, GSIS, PhilHealth, driver's license, or passport)
  • ✓ Active mobile phone number registered in your name
  • ✓ Active bank account or e-wallet (GCash or Maya) for loan disbursement
  • ✓ Age requirement: 21-60 years old

Loan features

  • Loan amounts: ₱5,000 to ₱300,000
  • Repayment term: 6 to 32 months
  • Approval time: 3-5 banking days
  • Funds disbursed via GCash, Maya, or bank transfer
  • Application available 24/7 through app or website