MetroBank Quick loan Review Philippines requirements online apply? (2025)

What is Metrobank quick loan? Metrobank is the leading bank in the Philippines, offering a wide range of services. Personal loan is one of 4 reputable installment cash loan products of the bank with a maximum limit of up to 1 million pesos.

If you are in need of money to solve your personal work, you can refer to the loan product through the article below of retailasiaonline.com.

Summary of Metrobank quick loan

What is Metrobank quick loan?

Metrobank quick loan is an uncollateralized, installment unsecured loan of Metropolitan Bank and Trust Company, helping to provide financial support for various personal purposes such as home construction, medical examination, further education, etc. The amount can be borrowed from 20,000 to 1 million pesos, paid over a term of 1 to 3 years.

Pros of Metrobank quick loan

Metrobank quick loan review advantages are:

• An installment loan does not require collateral, which is a financial solution for a variety of purposes.
• High loan limit, long-term installment term, competitive interest rate.
• Apply online in minutes, approve and disburse in up to 7 days.
• Flexible loan conditions, terms,
• Payment is possible through many different methods.

Cons of Metrobank quick loan online

Metrobank quick loan online review has disadvantages such as:

• Proof of income is required and no bad debt support.
• There is an additional service fee.

Metrobank quick loan interest rate

Metrobank quick loan has fixed interest rates, ranging from 1.25% to 1.75% / month.:

• 12-month term – Interest rate 1.75%/month (APR 36.742%/year).
• 18-month term – Interest rate 1.75%/month (APR 36.676%/year).
• 24-month term – Interest rate 1.5%/month (APR 31,459%/year).
• 36-month term – Interest rate 1.25%/month (APR 25.976%/year).

In addition, the loan also has some additional fees such as a disbursement fee of 1,500 pesos, a late payment fee of 850 pesos, an early settlement fee of 550 pesos and documentary stamp tax for loans over 250,000 pesos.

Example of Metrobank quick loan interest rate calculation

Metrobank quick loan Ph Approval 500,000 pesos for 24 months at an interest rate of 1.5% monthly.

• The principal amount to be contributed in 1 month is: 500.000 : 24 = 20.833.33 pesos
• The amount of interest payable in 1 month is: 500,000 x 1.5% = 7,500 pesos
• The total amount payable in 1 month is: 20,833.33 + 7,500 = 28,333.33 pesos.

Metrobank quick loan requirements

Metrobank quick loan conditions are:

• Filipinos, between 21 and 65 years old.
• Minimum gross income of 350,000 pesos/year.
• Have a credit card.
• If you are an employee, you are required to work at the company for at least 1 year.
• If self-employed, a minimum of 2 years of business is required.

Guide to register Metrobank personal loan online application

The steps to apply for Metrobank quick loan are as follows:

Step #1: Visit Metrobank website

Visit Metrobank’s homepage

Select Personal loan and apply now

Step #2: Fill in the loan information

The borrower must have an account at the bank before starting to apply for a loan.

Select limit, term, loan purpose. Refer to interest rates, service fees, payment amounts to consider with personal finance.

Fill in personal information, work information, account information, can attach some documents proving income.

Step #3: Loan Approval

Bank staff will call to verify loan application information and guide borrowers to add more documents.

The bank approves the loan in 5 to 7 business days. Disbursement directly to the borrower’s account at Metrobank.

Reviews Metrobank quick loan Philippines feedback

Metrobank quick loan review Philippines is rated 4.7 stars from customers. It is considered by borrowers to be a high-limit, long-term installment loan, which can be easily borrowed online quickly.

Metrobank Quick Loan repayment

Borrowers can easily pay Metrobank quick loan through automatic debit. When applying for a loan, borrowers will have to open a deposit account at Metrobank. Then, when the payment is due, you must transfer the money to your personal account for the bank to proceed with the debit.

Compare Metrobank quick loan Philippines with other loans

Sources: Refer to Sate Bank reporting and research.

Metrobank quick loan customer service

Metrobank quick loan Ph complaints through the following information:

• Hotline: 1800 1888 5775 – (02) 88 700 700.
• Email: customercare@metrobank.com.ph
• Metrobank website: https://www.metrobank.com.ph

FAQs – Metrobank quick loan PH

Some frequently asked questions about Metrobank quick loan credit are:

Is Metrobank quick loan legit?

Metropolitan Bank & Trust company – Metrobank was established in 1962, is the 4th largest bank in the Philippines, strictly complies with the provisions of the law and is licensed by the Securities and Exchange Commission – SEC. Metrobank quick loan is a reputable cash loan product for individuals of Metrobank, without collateral with a high limit.

Is Metrobank personal online Loan harassment?

Metrobank quick loan is a personal unsecured loan product that can support many different loan purposes. This is a cash loan product of Metrobank – the 4th largest bank in the Philippines, operating very reputably, absolutely confidential personal information of customers, committed not to harassment in any form.

How to make Metrobank Quick Loan complaints?

All questions, complaints, complaints about the service quality of Metrobank quick loan will be received 24/7 through Metrobank’s Customer Care Center with hotline (02) 88 700 700 or 1800 1888 5775. Alternatively, you can send an email to customercare@metrobank.com.ph, the bank will reply in 2 to 3 business days.

In conclusion – Should you Apply to Metrobank quick loan?

If you are in need of a loan of between 20,000 and 1,000,000 pesos, to address a variety of personal needs, then Metrobank quick loan is a reputable and effective loan. Borrowers can pay installments for a period of 1 to 3 years with a maximum interest rate of 1.75%/month.

Rated 5 stars if the article was helpful. Any questions about Metrobank quick loan you can leave a comment, we will answer as quickly as possible.