Choose a country
Philippines
Select a city
Select a city
Additional Information
English (PH)
Select country
Choose a country
Philippines
Canada
España
México
Philippines
United States
Việt nam
Казахстан
Banks
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Pangasinan Bank

Advertiser Disclosure

About bank

Pangasinan Bank, Inc. is a well-known online financial lending company specializing in personal and commercial loan financing.

Pangasinan Bank, Inc. is a former savings and loan institution that has been in operation since 1976. It is regulated by the BSP and the Philippine Deposit Insurance Corporation with six branches strategically positions throughout the provinces of Pangasinan and La Union. The Pangasinan bank has been operating as a rural bank since 2001, catering to the financial requirements of rural communities on a larger scale.

Pros and cons

Requesting a loan from Pangasinan may be beneficial if you suffer financial issues. Nevertheless, it is vital to educate oneself on all the benefits and drawbacks.

Pros

  • The bank assists in eliminating usurious behaviors in the areas it serves.

  • The company encourages individuals in the areas it serves to develop the habits of saving and thrift and the prudent use of credit.

  • The bank provides banking services to rural areas to spur its economic activities.

Cons

  • There is a risk of loss due to insufficient or erroneous transaction documentation.

  • Many Pangasinan borrowers are frustrated by the difficulty in getting in touch with loan officials.

  • Other customers claim that applying for a personal loan is not as simple as it appears, despite what they advertise.

Loan conditions

Whether self-employed or in a professional role, any employee can apply for a personal loan. The candidate must be a Filipino citizen between 21 and 65. They must have an available phone number and email address and a valid bank account in their name. Employed individuals must get a monthly gross income of ₱15,000. On the other hand, self-employed persons must have two years of successful operations in the same activity area. Self-employed persons should have a monthly gross income of ₱30,000.

Types of loans

When you want to borrow from your parents and friends and don't have an option, your next best alternative is to take out a loan. However, before you start submitting loan applications, you must know that Pangasinan Bank offers a variety of lending options.

  • Agricultural loan. Pangasinan Bank provided borrowers with loans to finance agricultural activities like processing, marketing, and storage. This loan can be useful for tenant farmers, settlers, agricultural lessers, amortizing owners, cultivators, compact farms, etc.

  • Agrarian reform loan. A credit for production and various sorts of loans are given to rural reform recipients for the following purposes:

    1. The reform loan can be used to purchase works animals, agricultural equipment, machinery, seeds, fertilizers, poultry, livestock, feed, and other comparable products.

    2. They can also use it for land acquisition under current legislation.

    3. It can be used for the purchase or construction of manufacturing, processing, storage, and marketing facilities.

  • Real estate. This fund can be utilized to purchase a lot, make improvements to residential units, or as a down payment for a new property.

  • Commercial loan. A line of credit is granted to small and medium businesses operating in any industry or service company, whether they are sole proprietorships, cooperatives, partnerships, or corporations.

  • Consumption loan. This credit can be used to fund consumption expenses, including activities like the purchase of appliances or equipment. It can also be used to fund direct necessities of the borrower's immediate family members to cover their education, health, and other such requirements.

  • OFW loan. Lending institutions have made it difficult for overseas workers to get a loan. Due to this, some lenders like Pangasinan bank provide OFW loans. This product acts like a program that allows overseas workers to apply for a loan. Borrowers can use this loan amount to fulfill their personal requirements.

  • Auto loan. Applicants can use this loan to finance vehicles. The bank offers various auto loans that allow customers to purchase a car using methods other than a complete cash payment.

  • Agri-machinery loan. You may enhance your revenue by improving productivity with a Pangasinan Bank agri-machinery loan.

Pangasinan Bank

FAQ

What is Pangasinan Bank?

Pangasinan Bank is a new online financial firm that aims to provide every Filipino with a quick financial solution. It is a legally recognized financial institution. The Pangasinan Bank service can help you get a cash loan fast and conveniently.

Who owns Pangasinan Bank?

Pangasinan Bank is under the supervision of the Bangko Sentral ng Pilipinas and Philippine Deposit Insurance Corp.

How do you qualify for Pangasinan Bank?

To apply for a personal loan with Pangasinan Bank, you must be at least 21 years old and not more than 65 years old at the time of repayment. You must be a Filipino citizen with a landline at your workplace or home. If you work, your monthly gross income must be at least ₱15,000.

Is Pangasinan Bank a legitimate company?

Yes, it is a legit company. When the bank reached a revenue of ₱2 million, it was allowed to change its corporate name to Pangasinan Savings and Loan Bank, Inc., and it was registered with the Securities and Exchange Commission with its new name.

Build your dream house with us.

© Pangasinan Bank, Inc.

Financial products

Pangasinan Bank
Consumption Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
up to ₱2,000,000
Rate
i

Effective interest rate on the product

from 17% per year
Term
i

Loan term for the financial product

up to 60 months
All products

Similar products

DIGIDO
Instant online loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

4
Recommended FinScore™
0
300
650
1000
₱25000
Rate
i

Effective interest rate on the product

11,9% per month
Term
i

Loan term for the financial product

6 months
Kviku
Online Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
₱25000
Rate
i

Effective interest rate on the product

up to 0.16% per day
Term
i

Loan term for the financial product

180 days
MoneyCat
Instant cash loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
₱20000
Rate
i

Effective interest rate on the product

11,9% per month
Term
i

Loan term for the financial product

6 months
Finbro
Personal Loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
₱1,000 - ₱50,000
Rate
i

Effective interest rate on the product

up to 0.6% per day
Term
i

Loan term for the financial product

up to 12 months
OFBank
Multi-purpose loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
All Pangasinan Bank’s reviews by december 2022
Leave feedback

Similar companies

OFBank
Liwasang Bonifacio 1000 Manila
(+632) 8-405-7000
Rural Bank of Angeles
Corner Miranda Street Sto. Entierro Street Barangay Sto. Rosario Angeles City, Pampanga
+639189679452
1st Valley Bank
1VB Business Center, Vamenta Blvd. Cor. Lirio St. Carmen, Cagayan De Oro City, Misamis Oriental, Philippines 9000
0917 820 8542
MSCB
IDC Centre, Kalayaan Avenue, Cor. Zapote St.,Brgy. Sta. Cruz Makati City
897-9046 local 202 to 203
WealthBank
Taft Financial Center, Cardinal Rosales Ave, Cebu City, 6000 Cebu
091732-WBANK (92265)