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Tricycle Loan Providers in the Philippines (2026)

Compare tricycle and motorcycle loan providers in the Philippines by APR, loan amount, and term. Embedded-fintech lenders that install a remote GPS kill-switch are flagged so you can see exactly what you would be agreeing to before alternatives. Last updated June 18, 2026.

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Before you sign a tricycle loan, check for a GPS kill-switch. Global Mobility Service Philippines finances tricycles through its MCCS IoT device, which lets the lender remotely disable your vehicle's engine on a missed payment — without a court process — and the device is not owned by the borrower. GMS is registered with the SEC but is not a BSP-supervised financial institution, so borrowers fall outside the BSP Consumer Assistance Mechanism. The alternatives listed below do not install a remote kill-switch. Read the MCCS explainer →

⚠️ Kill-Switch Tricycle Financing

Global Mobility Service PH⚠️ Kill-switch GPSDevice not yours

MCCS IoT device installed in vehicle; lender can remotely disable engine on missed payment. Device not owned by borrower.

APR: 36–72%
₱50,000 – ₱500,000
12–36 mo

Alternatives below have no remote engine-kill capability.

✓ Tricycle Loan Alternatives — No Kill Switch

Landbank OFW LoanBSP Regulated

Lowest rates in the market for OFWs. Requires OWWA membership.

APR: 7.5–10%
₱100,000 – ₱2,000,000
12–60 mo
PAG-IBIG Multi-Purpose LoanBSP Regulated

Fixed 10.5% APR. Heavily underused by OFWs who qualify.

APR: 10.5–10.5%
₱5,000 – ₱80,000
12–24 mo
Security Bank Personal LoanBSP Regulated
APR: 12–26.4%
₱30,000 – ₱2,000,000
12–36 mo
BDO Personal LoanBSP Regulated
APR: 13.2–25.8%
₱10,000 – ₱1,000,000
6–36 mo
BPI Personal LoanBSP Regulated
APR: 14.4–25.6%
₱20,000 – ₱2,000,000
12–36 mo
CIMB Bank PH Personal LoanBSP Regulated
APR: 14.4–26.4%
₱30,000 – ₱1,000,000
12–60 mo
Tonik Bank LoanBSP Regulated

100% online. No branch visits. OFW-friendly.

APR: 15.6–26.4%
₱5,000 – ₱250,000
6–24 mo
Maya Bank LoanBSP Regulated

GCash-to-Maya transfers; instant disbursement. Gig worker and OFW families.

APR: 18–30%
₱500 – ₱150,000
1–24 mo
GoTyme Bank LoanBSP Regulated
APR: 18–28.8%
₱5,000 – ₱500,000
3–24 mo
CARD MRI MicrofinanceBSP Regulated

Group lending model. BSP-regulated MFI. Strong rural PH presence.

APR: 24–36%
₱2,000 – ₱150,000
4–12 mo

See every provider side by side on the full PH loan rate comparison →

Frequently Asked Questions

Which tricycle loan providers in the Philippines use a GPS kill-switch?

Global Mobility Service Philippines finances tricycles through its MCCS IoT device, which lets the lender remotely disable the engine on a missed payment. The borrower does not own the device. Microfinance institutions, digital banks, and government programs listed on this page do not install a remote kill-switch.

Can a TODA or boundary driver get a tricycle loan without GPS tracking?

Yes. Microfinance lenders such as CARD MRI, digital banks, and PAG-IBIG / government loan programs provide tricycle and motorcycle financing without requiring a lender-controlled GPS kill-switch device.

Is Global Mobility Service Philippines regulated by the BSP?

Global Mobility Service Philippines is registered with the SEC but is not a BSP-supervised financial institution. Borrowers therefore fall outside the BSP Consumer Assistance Mechanism that covers banks and BSP-regulated lenders.

What APR should I expect on a tricycle loan in the Philippines?

Rates vary widely. Microfinance and government programs are generally the lowest, while embedded-fintech vehicle loans can run from roughly 36% to 72% APR. Compare the current ranges in the table above before signing.

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