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How do I withdraw a loan from SLoan?

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You can withdraw between PHP 2,500 up to PHP 100,000, depending on the credit limit assigned to your account once it’s activated. 

 

⚠️Note

· SLoan will be disbursed to your ShopeePay wallet. Ensure your wallet is activated and verified to cash out and use SLoan. Learn more here.  

· Once activated, you cannot cancel the SLoan feature.

· There are no charges if SLoan remains unused. For details on SLoan fees, click here.


To withdraw from SLoan,  go to Finance Circle Page or Me tab > SLoan > Withdraw Loan.

 

  

 

 

Input the Loan Amount > select Tenure (number of months of payment) > Withdraw Now > Enter ShopeePay PIN.

 

 

 

You’ll receive confirmation of your successful loan withdrawal. The loan will soon be disbursed to your ShopeePay, which you can use for purchases, sending money, and withdrawals via bank transfer.



Why was my request to withdraw my loan rejected?

SLoan may have encountered an issue with your request. You may have an outstanding overdue amount in one or more credit products, such as SPayLater. Kindly settle your outstanding overdue amount to be able to withdraw.



Learn more about Financial Products and SLoan.

 

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