Price GuideUpdated 2026-03-10

How Much Does Personal Loan Cost in Makati? (2026)

Complete price breakdown for 7 personal loan services in Makati. Budget, mid-range, and premium options with verified averages and insider tips.

₱1,000

Most Affordable

Online Lending App (small)

₱131,143

Average Price

across all services

₱5,000,000

Premium Range

Business Loan (SME)

7

Services Tracked

in Makati

Bank Personal Loan (employee)

Monthly interest: 1.2-2% | Processing: 1-2 weeks

from ₱10,000avg ₱150,000up to ₱3,000,000
Mid

Online Lending App (small)

Monthly interest: 2.5-5% | Approval: same day

from ₱1,000avg ₱8,000up to ₱25,000
Budget

Credit Card Cash Advance

Daily interest: 0.08% | Instant but expensive

from ₱1,000avg ₱20,000up to ₱100,000
Mid

SSS Salary Loan (member)

Monthly interest: 1% | Processing: 1-3 days

from ₱5,000avg ₱16,000up to ₱32,000
Budget

Pag-IBIG Multi-Purpose Loan

Monthly interest: 0.83% | Best government rate

from ₱6,000avg ₱24,000up to ₱80,000
Budget

OFW Loan (for OCW)

Monthly interest: 1-1.5% | Requires OFW documentation

from ₱20,000avg ₱200,000up to ₱2,000,000
Mid

Business Loan (SME)

Monthly interest: 1-1.8% | Requires business documents

from ₱50,000avg ₱500,000up to ₱5,000,000
Premium

Makati Market Insights

SSS and Pag-IBIG loans offer the lowest rates (0.83-1%/month) but require membership and contribution history

For amounts under ₱25,000 quickly, online apps are fastest but most expensive — calculate total cost before applying

BDO, BPI, and Metrobank have the highest approval rates for salaried employees in Makati

Expat Tips for Personal Loan in Makati

Most Philippine banks do not lend to non-resident foreigners. Citibank and HSBC are notable exceptions

SEC-registered lenders are listed at sec.gov.ph — always verify before applying to any non-bank lender

Monthly interest rate × 12 ≠ annual rate accurately — use compound interest calculation for fair comparison