Bukas Finance Corp. is a duly registered Financing Company with SEC registration No. CS201901691 and Certificate of Authority No. 1199.

Please remember to study the Terms and Conditions in the Disclosure Statement before proceeding with any loan transaction.

Close - Icon
Help Center  >  What are the differences between 3, 6, 9, and 12 month terms?

What are the differences between 3, 6, 9, and 12 month terms?

Borrowers can choose between 3, 6, 9, OR 12-month tenor when applying for a Bukas Tuition Installment Plan.
Note, however, that the short-term loans are currently offered to select schools.

The following things are the same for all tenors:

  • Requirements to apply.
  • Option to pre-terminate. This means you can close your loan before your maturity date (e.g. closing your loan on the 5th month even if you have a 12-month plan). Learn more here.
  • Availability upon reapplication. As long as you are eligible to reapply for another installment plan, you can choose among these tenors.

When applying for a short-term loan, interest rates may vary.

For transparency, our team may assess a different length of loan than the one you selected. This is done to put you in the best position to manage your loan. To know more, you can visit this page: Why was I approved for a different tenor?

Register or log in now at Bukas to get a more specific tenor and rate!

Icon - Search