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Security Bank – loan

4.4 / 5 (312 reviews)

Security Bank personal loans up to ₱2,000,000

Amount ₱25K – ₱2.0M
Interest from 29.48%
Term 12 – 36 months
Approval 3-5 banking days
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Applying does not commit you to any contract.

Security Bank offers competitive personal loan products backed by decades of banking experience in the Philippines. With loan amounts ranging from ₱25,000 to ₱2,000,000 and repayment terms of 12 to 36 months, Security Bank caters to a wide range of financial needs — from everyday expenses to major life investments.

As a BSP-regulated bank, Security Bank adheres to the highest standards of consumer protection and transparent lending. The interest rate starts at 29.48% per month, and the loan can be used for any legitimate purpose including debt consolidation, home renovation, medical expenses, education, or travel.

Approval for Security Bank 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

  • High loan amounts up to ₱2,000,000 available
  • Transparent processing with a clear approval timeline
  • Fixed interest rate makes repayment planning straightforward
  • BSP-regulated bank with strong consumer protection

✗ Cons

  • Interest rate is above average – compare all options first
  • Approval takes several banking days – not suitable for urgent same-day needs
  • Extensive documentation required compared to online lenders

Loan example

Example: Borrow ₱37,500 for 12 months at 29.48% per month = approx. ₱11,576.36 monthly payment. Total repayable: ₱138,916.35.

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: ₱25,000 to ₱2,000,000
  • Repayment term: 12 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 Security Bank is ₱25K.