Guide on the Bank Personal Loan Interest Rates Implemented Under Several Offers
BANK PERSONAL LOAN INTEREST RATES – Here is a list of the interest rates implemented under the personal loan offers of several banks in the Philippines.
Undeniably, among the several types of loan offers, one of the widely-applied for by a lot of people is the personal loan. It is because of the flexible purposes it serves.
You may apply for a personal loan at a bank to purchase a new gadget, to cover your travel expenses abroad, to fund a wedding, to pay for the electricity bills, etc. There are so much more that you can do with this offer.
In the Philippines, there are actually a lot of banks that offer personal loans to the public. These cash assistance comes with different interest rates.
The bank personal loan interest rates are among those that you should consider in applying for a loan. It is one way to make sure that you can handle the monthly amortization.
iMoney Philippines has posted a list of the bank personal loan interest rates implemented under this kind of offers. Here is the list:
- Citibank Personal Loan
Interest Rate – 15.16%
- Eastwest Bank Personal Loan
Interest Rate – 22.68%
- Security Bank Personal Loan
Interest Rate – 16.68%
- HSBC Personal Loan
Interest Rate – 14.64%
- BPI Personal Loan
Interest Rate – 14.40%
- Maybank Personal Loan
Interest Rate – 15.60%
- RCBC Savings Bank Personal Loan
Interest Rate – 15.60%
- Sterling Bank of Asia Personal Loan
Interest Rate – 16.80%
- BPI Seafarer Loan
Interest Rate – 18.00%
- UCPB Yes Personal Loan
Interest Rate – 19.05%
- BPI Land-based OFW Personal Loan
Interest Rate – 25.60%
Based on the list, the interest rate is one of the major factors that affect the monthly repayment of the client. It can change depending on the term and other factors observed by the bank.
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