Shop Installment Loan

What are the available loan periods available for SIL Ulit?

Hi there, luv! You can choose to repay your borrowed amount in 3, 4, 5, 6, 8, 10 and 12 months. Pick the best one that suits your needs! XOXO

Why was I rejected for SIL Ulit?

Hi there, luv! There are multiple reasons why loan applications do not get approved. Our loan application process uses various parameters to come up with a loan offer. It's not that you don't qualify for a loan - it's that we don't have the right kind of loan product to offer you at this time. XOXO

Is there a deadline to avail SIL Ulit?

Hi, luv! The offer expires 30 days after you get the offer. You better hurry, luv! XOXO

How much is the maximum loanable amount that I can avail from SIL Ulit?

Hi there, luv! You may borrow from Php 5,000 to Php 100,000! Neat, right? XOXO

How much is the minimum or maximum downpayment I can use to avail for SIL Ulit?

Hi there, luv! Because you're special to us, it can be as low as 0%. But remember, the higher the down payment, the lower the add-on rate. Choose your downpayment wisely! XOXO

How do I apply for SIL Ulit?

Hi there, luv! You can apply for SIL Ulit through the app, with the help of our Purple Pros at our partner stores.

Approach a Purple Pro at your chosen partner store.
Mention that you have a valid SIL Ulit offer.
Ask for a unique QR code. The Purple Pro can create one based on your desired items, loan amount, and loan term.
Scan the QR code using your phone.
Accomplish the loan application through the Tonik App.

Be prepared with the requirements, and don’t hesitate to ask our Purple Pros for assistance! XOXO.

How can I be eligible for SIL Ulit?

Hi there, luv! Here are the eligibility requirements:

Filipino citizen residing in the Philippines
Ages 18 – 64 years old
Presently employed locally or receiving regular remittance from outside of the Philippines
Have a valid ID
Have existing loans to other sales financing company or the offer received from Tonik via Email/SMS

XOXO

Where can I find stores/merchants that I can use SIL Ulit?

Hi, luv! For the complete list of partners, you can check this link: https://tonikbank.com/shop-installment-loan/partner-stores

What is SIL Ulit?

Hey, luv! Shop Installment Loan (SIL) Ulit is a special loan offer for repeat SIL customers with a good credit history! Offering lower downpayment and interest rates, it’s our way of giving back to good borrowers! XOXO