How to avail a Savii salary loan

In the Philippines, financial stability is often challenged by unexpected events. Employees may encounter medical emergencies, tuition deadlines, or urgent household repairs.

Traditional banking options, though reliable, often require long approval processes and multiple documents that are not ideal for urgent needs. Informal lending apps, on the other hand, may provide fast cash but raise concerns about hidden fees and security.

Savii addresses this gap by offering salary-deduction loans that are directly tied to the borrower’s payroll.

With loan amounts ranging from ₱5,000 to ₱500,000, repayment terms of up to 60 months, and monthly interest rates starting at 0.5%, Savii provides an inclusive, practical, and safer option.

The application process is simple, fast, and supported by employer partnerships that ensure repayments remain structured and predictable.

By focusing on speed, transparency, and trust, Savii makes it easier for employees to avail loans responsibly. The service empowers workers to handle urgent expenses while maintaining confidence that their loan terms are fair and repayment is manageable.

🔑 Eligibility Requirements

Before availing a Savii salary loan, applicants must ensure they meet the eligibility criteria. Unlike banks that demand strict credit checks, Savii prioritizes accessibility for employees in partner companies.

To qualify, employees typically need to present:

• Two valid government-issued IDs (e.g., Passport, UMID, SSS ID).
• A Company ID or Certificate of Employment (COE) issued within the past 30 days.
• The two most recent payslips, usually covering 45–60 days.

These documents verify identity, employment status, and payroll linkage. By keeping requirements straightforward, Savii ensures that more workers can apply without unnecessary barriers.

📋 Steps to Avail a Savii Salary Loan

The application process is designed to be fast, digital, and user-friendly. Employees do not need to visit a physical branch or complete excessive paperwork.

Here are the main steps:

1. Access the platform – Applications can be initiated through the Savii mobile app (iOS and Android) or the official website savii.io.
2. Upload documents – Submit IDs, payslips, and COE or company ID for verification.
3. Select loan details – Choose the loan amount (₱5,000 to ₱500,000) and repayment period (up to 60 months).
4. Submit and wait for review – Savii evaluates based on employment, salary, and completeness of documents.
5. Receive disbursement – Approved funds are transferred directly to the borrower’s bank account or e-wallet.

With this process, 80% of applications are approved within 24 hours, and 90% of loans are released within 48 hours, ensuring timely access to funds.

📊 Key Benefits of Availing a Savii Loan

Availing a Savii salary loan is more than securing cash—it is about accessing structured financial support. The system is built to reduce stress and protect employees from unsafe lending practices.

Main benefits include:

• ⚡ Fast approval and release of funds.
• 📋 Minimal documentation, avoiding unnecessary delays.
• 💳 Automatic payroll deduction, removing the worry of missed payments.
• 📉 Competitive interest rates starting at 0.5% monthly.
• 📑 Transparent repayment terms, up to 60 months.

These features create a borrowing process that is both practical and sustainable.

🛡️ Security and Credibility

Trust is at the heart of borrowing decisions. Savii establishes its credibility through official recognition and compliance.

It is registered with the Securities and Exchange Commission (SEC) under CS201628816 and holds ISO/IEC 27001:2013 certification for data security.

The payroll-linked repayment model enhances security further. Because payments are deducted automatically from salaries, there is less risk of default or aggressive collection practices.

This structured system ensures employees can avail loans without fear of hidden risks.

🌍 Impact on Employees and Employers

The impact of Savii salary loans extends beyond personal finance. Employees who can manage emergencies with reliable support feel less stressed and more focused at work.

Financial stability contributes directly to productivity and morale.

For employers, offering Savii as a workplace benefit strengthens employee loyalty and engagement.

By partnering with Savii, companies demonstrate commitment to their workforce’s financial well-being.

This partnership creates a cycle where both employees and employers benefit from a stable, trusted loan system.

🚀 Why Savii Salary Loan Stands Out

Compared to banks and informal lenders, Savii balances speed, accessibility, and security. Banks are often rigid, while informal lenders may exploit borrowers.

Savii combines the discipline of payroll deduction with the convenience of digital application.

Employees choose Savii because it offers:

• ⚡ Quick approval and release of funds.
• 🔒 Safe, employer-backed structure.
• 🌐 Inclusive access without strict credit history requirements.
• 🤝 Mutual benefits for workers and companies alike.

With over 700,000 employees served across 150+ companies, Savii has become a leading name in workplace lending in the Philippines.

❓ FAQ: How to Avail a Savii Salary Loan

1. Where can employees apply?
Through the Savii app (iOS/Android) or the official website savii.io.

2. What documents are needed?
At least two valid IDs, company ID or COE, and the two most recent payslips.

3. How long is approval time?
Most applications are approved in 24 hours, with funds disbursed in 48 hours.

4. What loan amounts are available?
Between ₱5,000 and ₱500,000, depending on eligibility and employer partnership.

5. Are repayments automatic?
Yes. All repayments are deducted directly from salary via payroll.

6. Is Savii secure?
Yes. It is SEC-registered, ISO-certified, and fully integrated with employer payroll systems.