Tonik offers “big loan” with condo unit as collateral

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Tonik Digital Bank recently announced its latest offering, the “Tonik Big Loan”, allowing customers to borrow up to P2.5 million with their condo as collateral.

One of the key benefits of this loan is the speedy approval process – qualified borrowers can get approved in just 30 minutes, with the loan amount credited in just 7 days.

Additionally, the loan offers a flexible repayment period of up to 60 months, and no credit history is required to apply.

This loan option provides a great opportunity for customers who has a fully paid condominium unit that quick access to funds without a lengthy approval process or credit checks.