You may avail of Peso or Sterling (£) denominated loans with repayments up to 10 years making repayments light and manageable.
Give our Loans team a ring on 0207 3971340 who will be more than happy to discuss with you any questions you may have.
Secured loans
Use your existing assets as collateral to avail of our Secured Loan Offers. You may take advantage of a loan for up to £30,000** for any purpose. If you have a mortgage in the UK or a property in the Philippines, then give us a call on 0207 3971340 to speak to our dedicated team of advisers.
- Fixed - set repayment for the entire term of the loan
- Flexibility - you can use the funds for any purpose
- Freedom – repay from 60 up to 120 months at 5.69%APR
**Terms and conditions of loans
- maximum £30,000 or 60% LTV of Philippine Property for secured loans, whichever is lower
- secured loans must be covered by Life and Buldings insurance
- interest rates correct at time of print
- all loans subject status and right to decline application is reserved
- PNB is authorized and regulated by the Financial Services Authority
- applications subject to automated and manual credit assessment
- written quotation on request
Typical Monthly Repayment Table: 5.69%APR
Amount |
5yrs |
6yrs |
7yrs |
8yrs |
9yrs |
10yrs |
|
£10,000 |
£214.94 |
£187.79 |
£168.61 |
£154.40 |
£143.51 |
£134.93 |
|
£15,000 |
£322.41 |
£281.68 |
£252.91 |
£231.60 |
£215.26 |
£202.40 |
|
£20,000 |
£429.88 |
£375.58 |
£337.21 |
£308.80 |
£287.02 |
£269.87 |
|
£25,000 |
£537.35 |
£469.47 |
£421.52 |
£386.00 |
£358.77 |
£337.34 |
|
£30,000 |
£644.82 |
£563.37 |
£505.82 |
£463.20 |
£430.53 |
£404.80 |
|
A typical loan of £15,000 payable in 10yrs with a monthly repayment of £202.40 would total to £24,288.00
Your home maybe repossessed if you do not keep up repayments on your mortgage or loans secured on it.
What the documentary requirements?
When applying, you will need to send us a completed loan application with the following documents for verification:
- copy of valid passport details (showing photo, signature and Home Office stamp, if applicable), duly authenticated by a lawyer, Philippine Embassy or by an Officer of PNBE. read more
- utility bill showing present address read more
- the latest bank statements for six months
- certificate of employment
- the latest payslips for six months
- the latest credit card statements for six months (if applicable)
- copy of your loan agreement(s) with other lender(s), if applicable
- if self-employed, copies of latest audited financial statements/reports for three years
What happens next?
Upon acceptance, you will be sent a separate Agreement Form to sign and return (if applicable) confirming the exact terms relating to your loan. This is a requirement of the Consumer Credit Act 1974. You can decide, at this stage, if you do not wish to go ahead with the loan, by returning the Agreement Form unsigned.
For an application form, please download here.
If you need more information, email us.