How much interest do I have to pay?

Interest rates may vary per school and application evaluation by the Bukas team.

Our Bukas Flex standard interest rates range from 1.90% to 4.90% interest rate per month, with a one-time processing fee that ranges from 4.50% to 10% of the requested amount. This processing fee is added to your principal amount for us to continuously improve our service and serve you better. Your application will be evaluated and the Bukas team will inform you of the final rates, if approved.

• Example: Kung hihiram ka ng PHP 30,000 (principal amount) for your tuition next semester, you will need to pay Php 3,182.50 to Bukas every month. This amount already includes a 4.5% origination fee amounting to PHP 1,350.00 divided by 12 months plus monthly interest amounting to PHP 570.00

Also, Bukas Flex is available in short-term loans of 3, 6, or 9 months installment options! If you opt for a shorter installment length, you may save more in the monthly interest. Note, however, that short-term loans are currently offered to select schools.

Learn more through the infographic below.

Register now at Bukas to view a sample computation and to know which installment duration is available for your school!