How does Quick Loan repayment work on the due date?

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  3. How does Quick Loan repayment work on the due date?

Hi there, luv!

We'll automatically deduct your monthly Quick Loan repayment from your Tonik Account on your due date. And don't worry, we'll shoot you an SMS to let you know if it went through smoothly or if there were any hiccups along the way.

Make sure to Top up your Tonik Account from the following channels in the App before the due date ends to avoid late fee charges:

  • Local Bank Debit Card (Minimum amount PHP 500)
  • PESONet (Posting of payment will be next banking day; Minimum transfer amount and cut-offs depend on your (ex)bank)
  • InstaPay (Minimum transfer amount and cut-offs depend on your (ex)bank)

Hope this helps! XOXO