How to become eligible for a GLoan
Eligibility for GLoan
You are eligible to start using GLoan when you qualify for all of the requirements below:
- 21-65 years old
- A Filipino citizen
- A Fully Verified GCash user
- Maintain a good credit record and did not commit any fraudulent transactions
Note: You are only allowed to avail of one GLoan at a time. Your loan will be disbursed or sent to your GCash wallet within 24 hours once you are done with the availment process.
GLoan Overview
| 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 the outstanding loan | |
| Late Payment Fees | 1% of your loan amount for every missed due date + 0.15% of outstanding balance * number of days past due date | |