You may visit https://lap.rfc.com.ph/ and fill out the online application form. It’s Easy! You may contact the following numbers so one of our account executives can assist you. Smart: +63 961-136-1160 | +63 919-914-9306
You are eligible if you meet the following requirements:
You should be a Filipino citizen not lower than eighteen (18) years of age
Residency of at least two (2) years, except if you are a new home owner
Good character and reputation
A source of income. If employed, you should have been connected with your current employer for at least one (1) year with a minimum basic monthly salary of Php 18,000. If you are a professional or self-employed, you should have been in the same profession or the same business for at least two (2) years, and your business should have been operational for at least two (2) continuous years with profitable operations.
It depends on the kind of loan product you will avail. The interest rates and processing time also vary depending on the type of product that you apply for.
The basic requirements are the following:
2 valid government ID’s (if employed, pls include company ID)
Proof of Billing
Proof of Income (1-month payslip)
Residential, Business, or Employment Address Map
Certificate of Employment
Business Barangay/ Business/ DTI Permit (for business owners)
You will receive updates via SMS or our RFC representative will call to inform you if your application is already approved. He/she will also request to complete the required documentation and will share instructions on how you can claim your loan.
I am interested in renewing my loan but I still have an outstanding loan. Do I first need to pay off my loan before applying for another one?
Generally, yes. You may have a higher chance of getting your new loan approved and even a higher loan amount, especially if you have good credit standing with us.
Would the procedure for applying be the same for renewal loans?
Considering that this is a loan renewal, the procedure will be much shorter. It is possible that we will request updated documents from you if applicable.
No. Loan Applications done online are FREE and RFC application forms from branches are NOT FOR SALE. There will be charges for processing and notarial fees ONCE YOUR LOAN HAS BEEN APPROVED.
You can easily settle your monthly payments through our payment partners. Visit this link to check our partners and fees. rfc.com.ph/partners
Note: Post-dated Checks (PDC) are required for loans amounting to PHP100,000 and above. Upon the release of your loan, you may issue PDCs as a form of security of payment to us.
Do I get a refund if I will pay my loan account through acceleration?