Can I Re-Avail of a Loan?

Written By Security Bank (Administrator)

Updated at September 8th, 2020

You can re-avail your personal loan as long as you have already paid at least half of your original loan term, and there has been no record of missed payments.

Example: Original loan term is for 12 months and you have already paid your amortizations for 6 months already, you can apply for re-availment. Upon booking, your previous loan balance will be deducted from the proceeds of your new loan.
 

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