Tonik — loans online in Philippines

A neobank in the Philippines with loans that you can get in just minutes in Tonik App!

• Loan amount from PHP5,000 to PHP50,000
• 6, 9, 12, 18, or 24 months installment
• Quick Loan Annual Percentage Rate (APR) is at 84%
• No Service Fee
• Monthly EIR: Average 4.5% but depending on due date

Loan Product Features:

• Fast approval and real-time disbursement to your Tonik Account
• No credit history and no collateral needed
• Get up to PHP50,000 immediately
• Minimal documents required - only 1 valid ID and proof of income
• Flexible payment date - your preferred salary payout date
• 100% digital - all loan info can be seen on the Tonik App
• Cash out the full loan amount real-time
• One bank account for application and cash disbursement
• Fixed monthly interest rate of 7%
• No pre-termination or early payment fees
• Secure fast and easy, no collateral loans from a digital bank

Who may apply for a credit in Tonik Digital Bank:

• At least 18 years old
• Has a residence in the Philippines
• Has a valid email address
• Has an active Philippine mobile number
• Does not classify under the United States FATCA

Tonik is the Philippines' first neobank with a digital bank license offering savings deposits with sky high interest rates and quick online cash loans and shop installment loans for all of life’s necessities.