What is the difference between GLoan and GLoan Sakto?
GLoan offers a higher loan amount and longer payment terms while GLoan Sakto offers a quick loan solution with minimal fees. Here’s a quick comparison between these two products:
| GLoan | GLoan Sakto | |
| Product Overview | Get instant cash | |
| How to Access | via Borrow > GLoan | |
| Loan Amount | PHP 1,000 - PHP 125, 000 | PHP 100 and PHP 300 |
| Payment Terms |
Monthly payment: 5, 6, 9, 12, 15, 18, 24 mos |
14 days (one-time payment only, payable after 14 days) |
| 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 19.5 |
| 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 | |
Note: Pay your dues on time to avoid any penalty fees.
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