Check which question applies to you so we can answer your question:
- How much is the interest for a GLoan?
- What other fees do I have to pay when availing a GLoan?
- How much can I get with GLoan? How long do I have to repay my loan?
How much is the interest for a GLoan?
Interest fees will range between 1.59% - 6.57% per month, depending on your eligibility. Please view your GCash app to check your loan eligibility.
To know more about GLoan Eligibility, visit How do I become eligible for a GLoan?
What other fees do I have to pay when availing GLoan?
A one-time processing fee equal to 3% of your total loan amount will be charged. This will be deducted from the total loan amount that you will receive.
In case of late payment, there is a penalty fee which has a fixed rate of Php 100, plus 0.15% of your total outstanding principal balance that will be charged daily.
How much can I get with GLoan? How long do I have to repay my loan?
Users can get pre-approved for a loan up to Php 50,000. You can also select the payment terms for your loan between 5, 9, or 12 months!