GLoan Sakto Loan
GLoan Sakto is GCash's fast and easy cash loan solution where you can loan PHP 100 - PHP 500 instantly. If you are new to borrowing money, this is a good entry loan for you with its short payment terms and minimal fees. This cash loan is payable in 14 or 30 days only at 0% interest!
You can use your GLoan Sakto if you need extra cash to pay bills, purchase items from over 200,000 GCash partner merchants or you can also cash out your loan for additional funds on other essential purchases.
No need to apply because this is a pre-approved loan!
| GLoan | GLoan Sakto | |
| Product Overview | Get instant cash | |
| How to Access | via Borrow > GLoan | |
| Loan Amount | PHP 1,000 - PHP 125, 000 | PHP 100 - PHP 500 |
| Payment Terms |
Monthly payment: 5, 6, 9, 12, 15, 18, 24 mos |
14 days or 30 days (one-time payment only) |
| Interest Rate |
1.59% - 6.57% per month *depending on your eligibility and selected payment term |
0% |
| Processing Fee | 3% | Php 6.5 to Php 75 |
| Re-availment | Can apply instantly after full payment of outstanding loan | |
| Penalty Fees | 1% of your loan amount for every missed due date + 0.15% of outstanding balance * number of days past due date | |
GLoan Sakto has a one-time processing fee of 6.5% or 15% of your loan amount for this service, and will be charged to you after the repayment period (14, 30 days). GCash will send you repayment notifications on or before your due date.
Note: If you don't pay your loan on time, there is a late payment fee of 1% of your loaned amount, plus a variable fee equivalent to 0.15% of your outstanding balance that will be charged daily until you pay your total overdue loan balance.
Customers will receive a message from GCash if they are eligible to avail GLoan Sakto. We encourage you to keep using GCash services such as cash in, pay bills, transfer money, GSave, GInvest, GInsure, and GLife to increase your GScore and unlock GLoan Sakto!
Your eligibility for GLoan Sakto may change from time to time due to periodic credit risk assessments. You may also get upgraded to a regular GLoan offer so don't forget to check the GLoan dashboard from time to time.
Eligibility GLoan Sakto not available
- You must be 21 to 65 years old
- You must be a Filipino citizen
- Your GCash profile is Fully Verified
- You have a good credit record and did not commit any fraudulent transactions
- You maintain a good GScore
GLoan Sakto might not be available to you for various reasons:
- You do not meet GLoan Sakto minimum eligibility requirements
- GLoan Sakto is not available for your account
- You can only have regular GLoan or GLoan Sakto available for you. You won't be able to access both products at the same time.
- You already have an existing GLoan or GLoan Sakto. You can only have 1 GLoan or GLoan Sakto at a time
Customers will receive a message from GCash if they are eligible to avail a GLoan Sakto. Learn more about the GLoan Sakto requirements.
You can avail a GLoan Sakto in just a few taps with your GCash account! Access GLoan Sakto by tapping Borrow > GLoan in the GCash app. Input and confirm your loan details and expect the loan amount to be sent to your GCash wallet within 24 hours.
Your loan will be sent to your GCash wallet within 24 hours. If you have not received your GLoan Sakto after 24 hours, you may raise a ticket in our GCash Help Center.
Note: Customers are only allowed to apply for one GLoan Sakto at a time. Pay your GLoan Sakto in full as soon as possible so you can avail of another GLoan Sakto. You may avail of a GLoan Sakto as long as you are eligible, regardless of your dues with other products such as GCredit or GGives.
If you have multiple GCash accounts for different mobile numbers, only one of your mobile numbers can be eligible for GLoan Sakto. Once activated, you can only use GLoan Sakto in the account connected with that mobile number.
Your GLoan Sakto will be due 14 or 30 days from the date you took out the loan. The exact due date will be specified in your GLoan Dashboard. Please pay your GLoan Sakto on or before the due date to avoid late payment fees. Learn how to pay your GLoan Sakto dues.
You may pay your GLoan Sakto in advance through the GLoan dashboard in the GCash app. You can check the total amount that you need to pay through your amortization schedule or by referring to the total amount due in your GLoan Dashboard.
Paying early boosts your chances of getting a better GScore -- the better your GScore, the more you can borrow at better terms. You can get a chance to access regular GLoan or unlock other lending features in GCash. If you want to know more about GScore, please visit What is a GScore?
Learn more how to read your GLoan Sakto Disclosure Statement that provides details about your availment of the loan. Learn more about the breakdown of your dues and your GLoan Sakto balance.
You may cancel your GLoan Sakto within three (3) business days from your loan availment. Please refer to the following steps:
- File a ticket in the Help Center regarding your loan cancellation.
- Do a full repayment of the loan amount that was disbursed to your GCash wallet (if any). It is recommended that you do the repayment through the GLoan Dashboard. The repayment must happen within three (3) business days from the time that the loan amount was disbursed to your GCash wallet.
Need more help?
The processing time for your GLoan Sakto may take up to 24 hours. If you haven’t received your money within 24 hours, kindly submit a ticket here.
Your eligibility for GLoan Sakto may change from time to time based on your GCash activity and is subject to credit risk rules and policies.
We encourage you to keep using GCash services such as cash-in, pay bills, send money, GSave, GInvest, GInsure, GLife, and Buy Load to unlock GLoan Sakto again. If you’re a GCredit or GGives user, maintain good credit behavior to re-qualify for GLoan Sakto. Learn more about GLoan Sakto Eligibility.
If you paid for your GLoan dues via the GLoan management page but it was not reflected on your account, submit a ticket here.