Tonik Bank – Loan details
Tonik Bank personal loans up to ₱50,000 with no credit check required
Loan amount
₱5K – ₱50K
Interest from
4.20%
Term
6 – 12 months
Approval
Minutes
Pros
- ✓ BSP-licensed digital bank — higher regulatory protection
- ✓ No credit check required
- ✓ No pre-termination fees
- ✓ Fully digital — apply and receive funds through the app
Cons
- ✗ Requires active Tonik savings account to apply
- ✗ Maximum loan of ₱50,000 — lower than traditional banks
- ✗ 4.20% monthly rate higher than bank personal loans
Requirements
- Valid government-issued ID (SSS, PhilHealth, driver's license, passport)
- Active Tonik Bank savings account
- TIN (Tax Identification Number)
- Age 23-58 years old, Philippine resident
Company information
Tonik Financial Pte. Ltd.
https://www.tonikbank.com
This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.ph is an independent comparison portal operated by double technology s.r.o., Czech Republic.