The first loan available in GCash, specifically through GLoan Sakto, allows users to borrow between PHP 100 and PHP 300.
Understanding GLoan Sakto: Your Entry Loan Option
GLoan Sakto is an entry loan solution designed to provide quick and accessible funds directly via your GCash app. It serves as an excellent starting point for users looking to utilize GCash's lending services for small, immediate financial needs.
Available Loan Amount
| Loan Product | Minimum Loan Amount | Maximum Loan Amount |
|---|---|---|
| GLoan Sakto | PHP 100 | PHP 300 |
This range makes it a convenient option for minor expenses, ensuring a manageable initial borrowing experience. The process is designed for instant access to funds directly through the GCash mobile application.
Key Features of GLoan Sakto
GLoan Sakto comes with straightforward terms, making it easy to understand and manage for first-time borrowers:
- Short Payment Term: The loan is typically payable after 14 days, providing a clear and concise repayment period.
- Minimal Fees: Borrowers will only incur minimal fees, ensuring that the cost of borrowing remains low.
- 0% Interest: A significant advantage of GLoan Sakto is that it offers 0% interest, making it a highly affordable short-term financial solution.
This structure aims to provide a hassle-free borrowing experience, allowing users to quickly address their needs without the burden of high interest rates.
