PSBank – loan
PSBank personal loans up to ₱250,000
Applying does not commit you to any contract.
PSBank offers competitive personal loan products backed by decades of banking experience in the Philippines. With loan amounts ranging from ₱5,000 to ₱250,000 and repayment terms of 24 to 36 months, PSBank caters to a wide range of financial needs — from everyday expenses to major life investments.
As a BSP-regulated bank, PSBank adheres to the highest standards of consumer protection and transparent lending. The interest rate starts at 2.50% per month, and the loan can be used for any legitimate purpose including debt consolidation, home renovation, medical expenses, education, or travel.
Approval for PSBank personal loans typically takes 3-5 banking days. Existing account holders and payroll account clients may enjoy faster processing and preferential rates. A good credit history with the bank significantly improves your chances of approval and may qualify you for higher loan amounts.
✓ Pros
- Decent loan amounts up to ₱250,000
- Transparent processing with a clear approval timeline
- Fixed interest rate makes repayment planning straightforward
- BSP-regulated bank with strong consumer protection
✗ Cons
- Approval takes several banking days – not suitable for urgent same-day needs
- Extensive documentation required compared to online lenders
- Late payment fees and penalties may apply if payment is missed
Loan example
Example: Borrow ₱27,500 for 24 months at 2.50% per month = approx. ₱1,537.60 monthly payment. Total repayable: ₱36,902.46.
Loan requirements
- ✓ Valid government-issued ID (SSS, GSIS, PhilHealth, driver's license, or passport)
- ✓ Proof of income: payslips for the last 3 months or Certificate of Employment
- ✓ ITR (Income Tax Return) for the past 1-2 years
- ✓ Proof of billing address (utility bill or bank statement)
Loan features
- Loan amounts: ₱5,000 to ₱250,000
- Repayment term: 24 to 36 months
- Approval time: 3-5 banking days
- Available at branches nationwide and through online banking
- Optional loan insurance for added protection
Frequently asked questions
3-5 banking days after submitting the application.
The minimum amount at PSBank is ₱5K.