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LIST: Philippine banks extend loan due dates to help Filipinos cope with COVID-19 lockdown

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ABS-CBN News

<div><em>(<strong>EDITOR&#x27;S NOTE: </strong>This list is updated as of 6 p.m., March 19, 2020)</em></div><p>MANILA - Major banks in the Philippines have announced a 30-day extension for credit card, mortgage, and loans for eligible customers to help Filipinos during the Luzon-wide COVID-19 lockdown.</p><p><strong>BDO UNIBANK</strong><br/>• The Philippines&#x27; largest lender will give a 60-day payment extension for qualified credit card, auto loan, home loan, personal loan and SME loan with due dates of up to April 15. They will be notified by email.</p><div><strong>BANK OF THE PHILIPPINE ISLANDS</strong></div><p>• A 90-day grace period, without interest, will be given to medical workers, policemen, soldiers and others on the frontline of quarantine efforts vs COVID-19<br/>• A 30-day grace period will be given to qualified customers for credit card and other types of loans &quot;to help ease the burden during these trying times,&quot; the bank said<br/>• Eligible customers will be notified</p><div><strong>SECURITY BANK</strong></div><p>• Payments for credit card, home, personal, auto, business mortgage or business express loans are extended by 30 days for qualified customers<br/>• Eligible customers are those with current payment status and with a payment due date of March 16 to April 14 </p><div><strong>UNIONBANK</strong></div><p>• Qualified customers will be given a 30-day payment extension from the original due date with no late fees<br/>• Fees for Instapay transactions are also waived until April 14</p><div><strong>EASTWEST BANK</strong></div><p>• Payments for credit card, auto, home, personal and mortgage loans will be extended for 30-day for eligible customers<br/>• Qualified clients will be notified</p><div><strong>METROBANK </strong></div><p>• &quot;Qualified&quot; home loan, car loan and credit card holders will get a 30-day grace period and will be notified by email.</p><p><strong>ROBINSONS BANK</strong><br/>• Customers of &quot;good standing&quot; get a grace period for credit card, home loan, auto loan and motorcycle loan payments due from March 16 to April 15.</p><div><strong>CIMB</strong></div><p>• Due date for personal loan repayment set on April 1 is moved to May 1 with no additional or late fees</p><div><strong>PSBANK</strong></div><p>• Qualified auto, home and personal loan clients get a 30-day grace period on payments</p><p><strong>RCBC</strong><br/>• Cardholders of good standing and with due dates from March 16 to April 15 can skip their due dates and make a payment 30 days after.</p><div><br/><em>Refresh this page for updates.</em></div>

<p>Major banks in the Philippines have announced a 30-day extension for credit card, mortgage, and loans for eligible customers to help Filipinos during the Luzon-wide COVID-19 lockdown.</p>

Major banks in the Philippines have announced a 30-day extension for credit card, mortgage, and loans for eligible customers to help Filipinos during the Luzon-wide COVID-19 lockdown.