Tonik Quick Loan — How To Apply For This Loan?

Here’s how to apply for Tonik Quick Loan

TONIK QUICK LOAN – This article will teach you the step-by-step process on how to apply for this loan.

Tonik is the first neobank in the Philippines that is supervised by the Bangko Sentral ng Pilipinas (BSP). This neobank operates on a fully digital platform and deposits in the users’ savings account are insured by the Philippine Deposit Insurance Corporation (PDIC).

On the other hand, Tonik Quick Loan is a fast and easy loan product offered by Tonik. You can apply for a loan within 30 minutes and you can easily get access to extra cash of up to PHP 50,000 right from your Tonik app within the same day.

Tonik Quick Loan — How To Apply For This Loan

Tonik Quick Loan Requirements

The requirements for this loan are your Tonik account and one (1) valid ID – either Philippine Passport, Philippine Driver’s License, Unified Multi-Purpose ID (UMID), Social Security System (SSS) ID, Professional Regulation Commission Identification Card (PRC ID), Postal ID (card type), PhilID (National ID/PhilSys ID), or ePhilID.

Here’s how to apply for this loan:

The first thing to do is to sign up through Tonik app and complete the required information. You need to tap “Loans” at the bottom part of the app dashboard, select “Quick Loan”, and tap “Apply for this loan”.

Next, you need to scan one valid ID and wait for verification that will be sent to you on your email.

You need to decide the loan amount and installment period and you need to tap “Continue” once done. After that, you can either link your payroll ATM account or skip it and proceed to the next step.

Next, you need to complete the required information and submit the required supporting documents such as pay slip or bank statement and wait for the approval of your application.

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