A Complete Guide on Tonik Quick Cash Loan Online Offer
TONIK QUICK CASH LOAN 2024 – The bank offers up to Php 250,000 loanable amount for those who wish to apply for the loan offer.
The population of banks in the Philippines continue to grow. Among many of those that were recently added to the list are digital banks or those with offers that may be applied for online. One of them is the Tonik Bank.
The Tonik Bank which is accessible through an app has several offers including savings account and debit card and loans. One of the loan offers is the Tonik Quick Cash Loan. It is a multi-purpose loan offer that you may apply for to fund the repair of your car, your travel abroad, a minor home improvement, some business expansion, etc.
Under the Tonik Quick Cash Loan offer, you may borrow up to Php 250,000. The bank boasts its offer with flexible payment terms of up to 18 months, minimal requirements, low interest rate, and no hidden bank charges.
It guarantees safe and secured transactions as it is compliant with the Data Privacy and regulations of the Bangko Sentral ng Pilipinas (BSP). You can start small and unlock higher loanable amounts as you maintain a good credit record.
Qualifications. To be eligible to apply for the online cash loan offer, the borrower must meet the following qualifications set by the bank:
- 23 to 58 years old
- Filipino
- Philippine resident
- has Tonik Savings Account
- has valid ID
- Valid Taxpayer Identification Number (TIN)
- has proof of income
Interest. As mentioned earlier, under the Tonik Quick Cash Loan offer, you may borrow up to Php 250,000. The interest rate is as low as 1.7% monthly add-on interest rate.
Requirements. In applying for the digital loan offer, you only need to have a Tonik account and at least one (1) valid ID.
How To Apply. There are only a few steps in applying for the cash loan offer of Tonik. Here is a guide for you:
- Download the Tonik App from Google Play or the App Store
- Upload the requirements
- Accept the offer by confirming your loan details
- Wait For loan disbursement in your Tonik account