AUB Salary Loan
AUB salary loans up to ₱250,000 for employed individuals
₱5K – ₱250K
Interest from 4.00%
Approval: 3-5 banking days
Salary Loan
Comparing 9 offers. Updated October 2, 2026.
Best offers – Salary Loan 2026
BDO
Personal loans from BDO up to ₱1,000,000
₱10K – ₱1.0M
Interest from 25.58%
Approval: 5-7 banking days
BPI
BPI personal loans up to ₱2,000,000 with flexible terms
₱10K – ₱2.0M
Interest from 25.60%
Approval: 3-5 banking days
Landbank
Landbank personal loans up to ₱10,000,000
₱10K – ₱10.0M
Interest from 10.00%
Approval: 5-7 banking days
Metrobank
Metrobank loans up to ₱10,000,000 for big financial needs
₱500K – ₱10.0M
Interest from 5.90%
Approval: 5-7 banking days
PNB
PNB personal loans up to ₱500,000 with competitive bank rates
₱10K – ₱500K
Interest from 1.25%
Approval: 3-5 banking days
SB Finance
SB Finance, a subsidiary of Security Bank, offers personal and auto loans to Filipinos with competitive interest rates and quick online approval.
₱30K – ₱2.0M
Interest from 1.89%
Approval: 5-7 banking days
Social Security System Loans
SSS loans for members up to ₱500,000 with low interest
₱1K – ₱500K
Interest from 10.00%
Approval: 5-7 banking days
Uploan
Salary-based loans up to ₱100,000 with low interest
₱5K – ₱100K
Interest from 0.50%
Approval: 24 hours
Salary Loans in the Philippines
A salary loan is a type of personal loan specifically designed for employed individuals, where the loan amount and repayment capacity are based on your monthly salary. In the Philippines, salary loans are offered by banks, government agencies (SSS, GSIS, Pag-IBIG), employers, and private lending companies.
Government salary loans through SSS or GSIS typically offer the lowest interest rates and most favorable terms, but are only available to active members with sufficient contributions. Private salary loans from banks or online lenders are faster to process and have fewer requirements, though they may carry higher interest rates.
The main advantage of salary loans is that repayments are often deducted directly from your paycheck, making it easier to manage. Loan amounts typically range from one to six times your monthly salary. Compare all salary loan options on CoolFinance.ph to find the best rates for your income level and employment status.
Who Can Apply for a Salary Loan in the Philippines?
Most lenders require you to be a Filipino citizen aged 21 to 65, with a stable job and at least 3-6 months of tenure with your current employer. Government salary loans (SSS, GSIS, Pag-IBIG) require active membership with a minimum number of paid contributions, while private salary loans from banks like BDO, BPI, Landbank and PNB usually ask for a Certificate of Employment, payslips, and a valid ID.
How to Apply for a Salary Loan Online
- Compare salary loan offers from banks, government programs and lending apps like Uploan on this page.
- Check your eligibility - employment length, salary bracket, and membership status for SSS/GSIS/Pag-IBIG loans.
- Prepare your documents: valid ID, proof of income (payslip or Certificate of Employment), and membership records for government loans.
- Submit your application online or at a branch - approval for private salary loans can take as little as a day, while SSS or GSIS loans may take longer to process.
Salary Loan vs. Personal Loan: What is the Difference?
A salary loan is a specific type of personal loan where eligibility and the amount you can borrow are tied directly to your salary and employment status, often with automatic payroll deduction. A general personal loan can be based on broader credit criteria and is not always linked to payroll deductions. If you are a regular employee with a stable income, a salary loan usually offers faster approval and a better rate than an unsecured personal loan.