Maya Bank Personal Loan
Borrow ₱15,000 to ₱250,000 with rates as low as 0.77% add-on monthly and up to 24 months to pay. Get instant processing and wallet disbursement.
Maya Bank Personal Loan offers Filipinos a quick and easy way to borrow from ₱15,000 up to ₱250,000 directly through their Maya app. The highlight is the competitive interest rate, starting at just 0.77% monthly add-on rate (about 1.39% effective monthly), making it one of the best rates currently available in the Philippines.
Repayment terms are flexible, with options to spread payments over 6, 9, 12, 18, or 24 months, giving you room to adjust to your budget and needs. Approval and release are almost instant for qualified upgraded Maya users—funds go straight to your wallet within seconds after acceptance. Eligibility includes being 21-65 years old, a Filipino resident, and having an upgraded and actively-used Maya account.
How to Apply: Step-by-Step
1. Log in to your Maya app and find the Loans section.
2. Click “Apply now” under Personal Loan.
3. Set your desired loan amount and repayment period, then follow the prompts to submit your details.
4. Review the loan offer, check the terms, and if suitable, tap “Accept.”
5. Enter the OTP sent to your phone to confirm.
6. Once approved, the amount is instantly credited to your Maya Wallet.
Pros of Maya Personal Loan
Maya Personal Loan boasts highly competitive rates and instant approval for eligible users—a huge advantage for those needing funds quickly. The process is fully digital, eliminating the need to visit a branch or handle paperwork.
Another plus is the flexible loan terms and the straightforward app-based management, which makes monitoring and repaying very convenient for regular Maya users.
Cons of Maya Personal Loan
The biggest downside is that not everyone will have access—early access is limited to select, upgraded Maya users with an active transaction history. There’s no in-app pre-qualification, so eligibility is only confirmed after application.
Additionally, your exact rate and loan amount are subject to their credit evaluation, so what you see advertised may not always match your final offer.
Verdict: Is Maya Personal Loan Worth It?
For Maya users seeking a fast, digital, and low-interest loan, this is a top option in PH. The near-instant release, competitive rates, and flexible payment terms make it highly attractive, especially for those with urgent needs or who already transact through Maya regularly.
