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How do I fully settle my loan and is there an early settlement fee?

You can make an early settlement in full by following the steps below:

1) Log in to CIMB Bank PH app

2) Tap CREDIT and select PERSONAL LOAN

3) Tap on the three dots to go to your loan details

4) Select CLOSE ACCOUNT and follow the steps from there

 

Please note that there will be an Early Settlement Fee which amounts to 3% of the unbilled amount or minimum PHP 300 whichever is higher.

Go Beyond Banking with CIMB Bank

Download the all-new CIMB Bank PH app and enjoy an enhanced digital banking experience that's fast, easy, and more convenient than ever!