How to Apply for a Loan?

  • Accomplish all loan requirements. Click Here.

  • Call a Bank Account Officer in a DBP Branch nearest you. Click Here.

Who can apply for a loan?

For Retail Lending

  • Eligible borrowers:

    - Privately-owned investment enterprises with maximum asset size of PhP 200 Million

  • Projects Eligible for Financing:

    - Purchase of project site

    - Civil works: construction, expansion, upgrade/rehabilitation of project building

    - Purchase of machinery/equipment/fixtures and installation

    - Permanent working capital

    - Credit line

    - Refinancing

  • For Wholesale Batch Financing:

    - DBP Accredited Banks and Non-Bank Financial Institutions (NBFIs)

    - NBFIs include Microfinance Institutions (MFIs), Non-Government Organizations (NGOs), financing companies and credit cooperatives

    - For Public School Teachers - funded loans, financial institutions should be duly accredited by the Department of Education under its Automatic Payroll Deduction System (APDS)

  • For Wholesale Term Lending:

    - DBP Accredited Banks and NBFIs for relending/onlending to eligible MSMEs

    - MFIs involved in wholesale lending and accreditation of other qualified MFIs

What are the requirements in applying for a loan?

What is the interest rate?

  • Interest rate is determined and set by the IGLF monthly

How long will it take to process a loan application?

  • 45 days from submission of complete requirements