Get a Skyro loan up to ₱250,000
Who can apply?
To apply, you must:
- be a Filipino citizen aged 18 to 70 years old
- have a smartphone and a Philippine mobile number
What documents are required?
You just need one valid ID from this list:
- Philippine passport
- SSS ID (Social Security System ID)
- UMID (Unified Multi-Purpose ID)
- PhilSys ID (Philippine Identification ID)
- Driver’s license
- PRC ID (Professional Regulation Commission ID)
- Postal ID
How long does it take to get the money?
It usually takes less than 24 hours but in some rare cases can take up to 2 days. Here are the exact steps:
Step 1. Fill out the form with your details (≈10 min).
Step 2. Download the Skyro app on your mobile phone.
Step 3. Pick up a call from +63 919 170 0704 to confirm your data and make sure your references do too.
Step 4. Almost done! We just need to review your application. It might take a couple of hours or up to 24 hours. Make sure to pick up a confirmation call from us during this time.
If you get approved, your money will be credited to your bank account or e-wallet. The disbursement can be instant or as long as 24 hours. In case you don’t receive the money by then, contact us via in-app chat.
What are my payment options?
You have three payment options: online banks, e-wallets, and OTC (over-the-counter). Below is the full list of our partners.
OTC (over-the-counter):
- 7-Eleven
- Bayad Center
- CLiQQ
- Cebuana
- DA5
- ECPay
- eTap
- ExpressPay
- M Lhuillier
- Palawan Pawnshop
- Posible
- The SM Store
- TrueMoney
Online banks:
- BDO
- BPI
- UnionBank
E-wallets:
- GCash
- GrabPay
- Maya
Are there processing/origination and disbursement fees?
There is an origination fee of 16.6% of the approved loan amount (or ₱5,000, whatever is lower).
Note that we will add the fees on top of the approved loan amount instead of subtracting. This means you’ll get the full approved loan and pay the fees over time.
For example, if your approved loan amount is ₱50,000, the origination fee is ₱8,300. It’s higher than ₱5,000, thus, your origination fee is ₱5,000. The total loan amount is ₱55,000.
What are my options for receiving the money?
The disbursement channels include a bank account (BDO, BPI, Metrobank, Philippine National Bank, etc.) or e-wallet (GCash, Maya, GrabPay, Coins.ph, OmniPay, or Starpay).
How much is the interest rate?
The interest rate starts at 1.5% to 7% per month.
What are the different installment periods I can choose?
You’re expected to pay your loan monthly following a 6, 9, or 12-month installment period.
