Terms and Conditions

Be one of 10 weekly winners and have your Tonik Shop Installment Loan payments waived for the rest of your term!

Program period: November 4, 2024 – January 12, 2025.
DTI Fair Trade Permit No. FTEB-205754

1. The participation in the program is open to all Tonik customers with an approved Tonik Shop Installment Loan during the promo period. All eligible customers should have a good payment record with no delinquencies.
2. The Tonik customer must have a verified Tonik Account to apply for a Tonik Shop Installment Loan. To verify your Tonik Account, you must submit any one of the six valid and eligible government IDs. Check our partner stores here: https://tonikbank.com/faq/how-can-i-upgrade-my-tonik-account
3. A Tonik Shop Installment loan can be applied in any of our partner stores. This promo applies to home appliances stores only. https://tonikbank.com/shop-installment-loan/partner-stores
4. The following are not qualified to participate in this promotion:
   • Non-Filipino citizens
   • Tonik customers with rejected Tonik Shop Installment Loan application​
5. If the winner makes a loan payment between Monday and before 12PM on Wednesday, Tonik Digital Bank should reverse the payment back to the winner.
6. Any reserved payments will be applied to the customer’s account, and only the remaining months will be waived.​
7. Tonik reserves the right to cancel the participation of participants if any abuse, fraud, or proven suspicious activities are found, or if found to violate the Terms & Conditions of this program, the Tonik General Terms & Conditions, or any prevailing regulations of the Bangko Sentral ng Pilipinas.​
8. By participating in this program, you have read, understood, and agreed to all applicable terms and conditions of the PamaskoLoan promo, including Tonik's Shop Installment Loan General Terms & Conditions as found in Terms and Conditions (Loans)​
9. For more information, you can reach out to Tonik Customer Care through the in-app chat feature in the Tonik application or reach out via other channels: customercare@tonikbank.com and 2 5322 2645.​