Guide on PSBank Cash Loan Fees (Booking & Post-Booking)
PSBANK CASH LOAN FEES – Here are the booking and post-booking charges that aspiring applicants of the Personal Loan offer must be aware of.
In the Philippines, there are countless loans from different providers which include banks, lending companies, and other financial institutions. There are loans that serve specific purposes while there are also those that are multi-purpose.
When it comes to multi-purpose loans or those that can attend to multiple financial needs, one of them is the Personal Loan offer of the Philippine Savings Bank or PSBank. It is also called the PSBank cash loan offer.
The PSBank’s offer boasts with several benefits including rebates for the clients, easy withdrawals, and a loan that functions like a credit card. However, it is not enough to check only the benefits. It is best to also check the PSBank cash loan fees.
By knowing the PSBank cash loan fees, you can have better judgment on the amount to apply for under the loan offer. For the booking fees and charges, the bank implements a handling fee amounting to PhP1,500 or 1% of the approved credit line, whichever is higher.
Under the post-booking fees and charges, PSBank charges a due date extension fee computed as: Outstanding Balance x Rate x number of days / 360. Aside from these charges, it is best to know the following fees that you may also incur in availing the offer:
| ATMs | Balance Inquiry | Withdrawal |
| PSBank | FREE | PhP20 |
| Metrobank | FREE | PhP27.50 |
| BancNet-member Bank and ExpressNet | Fee* of the Owner of the ATM shall apply, with option to cancel. * Fees may vary per ATM Owner | PhP30 |
| Maestro and Cirrus ATMs | US$1 per inquiry | US$3.50 + PhP20 per transaction |
