Flexi Loan - Maya Digital Bank (2024)

To qualify for a Maya Flexi Loan, you must meet the following criteria:
- Be an active Maya Business solution user
- Have an active Maya Business Deposit Account
- Pass credit evaluation requirements

Use your Maya payments solutions actively and open a Maya Business Deposit account to improve your chances of getting your loan approved.

Before applying for a Maya Flexi Loan, make sure you have a Maya Business Deposit account. From there, all you have to do is:

Step 1: Log in to Maya Business Manager
Step 2: Go to the Loans tab
Step 3: Click Sign Up Now

If you're eligible, you'll be given a loan offer of up to P2,000,000. Complete the rest of the application and you can start using your loan right away!

In case you're not eligible, we'll let you know when you can apply again. You may also visit the Loans tab from time to time to check your eligibility.

There is a one-time 1% admin fee and a Documentary Stamp Tax whenever you take out a loan. The net loan proceeds will be deposited to your Business Deposit account.

In addition, a small service fee will be added to your monthly payments. If you decide to pay the whole loan early, please note that the monthly service fees for the whole repayment period will still be charged.

You will be given a monthly due date when you take out a loan. Your account details will reflect the due date.

Paying for your loan is simple.
1/ Just log in to your Maya Business Manager account
2/ Go to the Loans tab to pay.
3/ Select a loan from your Loan History
4/ Click on the Pay Now button.

A penalty fee of 0.17% per day past your due date will be applied based on the overdue principal loan balance until the total amount due, inclusive of penalties, is paid. Access to new loan facilities will be temporarily restricted until the overdue balance is fully settled.

Pay your dues on time to avoid penalties, automatic deductions, or the suspension of your Maya Flexi Loan account.