Is Maya Personal Loan legit?
Yes. Maya Personal Loan is offered by Maya Bank, Inc, a BSP-supervised bank. Maya Bank is a digital bank supervised by the Bangko Sentral ng Pilipinas, not an SEC-registered lending company. SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| Regulator | Bangko Sentral ng Pilipinas (a bank, not an SEC lending company) | Source |
| Price published | Yes: Add-on rate from 0.83% a month (effective 1.40% a month). | Its published terms |
| Loan amount and term | ₱10,000 to ₱400,000, over 180 to 720 days | Its published terms |
| Google Play rating | 4.6 of 5 from 1,722,713 ratings, 50M+ installs, as of Oct 2, 2026 | Google Play listing |
On ₱10,000 for 180 days, Maya Personal Loan's lowest published rate comes to ₱498 in interest and fees: interest of 0.83% a month and an all-in cost of 1.4% a month, higher because you repay in instalments but pay interest on the original amount the whole time. It does not publish the most it can charge. Maya Personal Loan's published terms
Working: 0.83% a month × 180/30 × ₱10,000 = ₱498 interest. The all-in rate is the monthly rate at which 6 payments of ₱1,750 repay the ₱10,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Next: check the worked Disclosure Statement below, then compare Maya Personal Loan with the other recorded apps, or get it from its official Google Play listing.
Maya Personal Loan interest rate and what you pay back
Add-on rate from 0.83% a month (effective 1.40% a month).
- You pay back
- From ₱10,498
- Cash you receive
- ₱10,000
- Interest and fees
- From ₱498
Terms as Maya Personal Loan publishes them. Documentary stamp tax on a ₱10,000 loan for 180 days is about ₱36.99 (NIRC Sec. 179); check whether the Disclosure Statement passes it on. DST calculator Source
Maya Personal Loan Disclosure Statement, worked out: ₱10,000 for 180 days
Maya Personal Loan must give you this statement in writing before the loan is made (RA 3765, the Truth in Lending Act, Sec. 4). These are the figures it should show at its lowest published rate; if yours differ, ask why before you accept.
| Figure | Inputs | Rule | Result |
|---|---|---|---|
| Amount financed | ₱10,000 borrowed, nothing taken off | RA 3765 Sec. 4(5) | ₱10,000 |
| Interest | 0.83% a month × 180/30 × ₱10,000 | Maya Personal Loan's published lowest rate | ₱498 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱498 |
| Documentary stamp tax on the loan | ⌈₱10,000 ÷ ₱200⌉ × ₱1.50 × 180/365 | NIRC Sec. 179, as amended by RA 10963 | ₱36.99 |
| Owed to you if the statement leaves one out | Greater of ₱100 or 2 × ₱498, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱996 |
Should you borrow from Maya Personal Loan?
Maya Personal Loan publishes only its lowest rate; Kidlat Peso publishes a maximum of ₱1,479 for ₱10,000 over 180 days.
Choose Maya Personal Loan if
- you want to spread payments over as long as 720 days.
- you need up to ₱400,000.
Skip Maya Personal Loan if
- you want a loan shorter than 180 days.
- you need less than ₱10,000.
This page covers Maya Personal Loan's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Maya Personal Loan first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Maya Personal Loan
Is Maya Personal Loan legit?
Yes. Maya Personal Loan is offered by Maya Bank, Inc, a BSP-supervised bank.
Cheaper than Maya Personal Loan for ₱10,000 over 180 days
No lender pays to appear on this site or to change its position.
- Kidlat Peso: at most ₱1,479 in interest and fees (30% a year × 180/365 days × ₱10,000 = ₱1,479 (interest and fees)); lends ₱10,000 to ₱500,000. Downside: skip it if you need less than ₱10,000.