Company Information
SAVii, originally known as Uploan, has been serving as a financial companion for thousands of Filipino employees whose employers have signed a partnership with the company. SAVii intends to relieve its customers’ financial stress brought about by the various life challenges they deal with every day by offering them secure, convenient, and competitive loans, advances, mental health support, financial education, and emergency insurance.
Their corporate mission in pursuit of financial inclusion is to bring financial wellness to millions of employees in emerging economies by providing fair and convenient financial solutions through salary deduction. SAVii helps its more than 100 partner employers in changing the lives of their employees while making financial power at work a reality in their workplace.
SAVii is a subsidiary of New Cross Credit and Financing Gate PH, Inc., and is registered to the Securities and Exchange Commission with No. CS201628816 and Certificate of Authority No. 1288.
Those who have inquiries and require other or immediate assistance from the company may simply visit SAVii’s website and accomplish the form to alert the team best suited to assist them.
Products and Services Offered
Salary Loan
This type of loan is available for employees who need financing for their personal and emergency needs. The loan approval, including the amount that will be approved, will be based on the salaries they receive.
Loan Features
Loan Amount: maximum of Php500,000
Interest Rate: starts at 0.5%
Loan Term : 3 months to 60 months
Repayment: via Salary
Requirements
- Company ID
- 2 latest Payslips
- 1 Government ID
Salary Advance
Sometimes, the salary could not come soon enough, especially when you have bills to pay. When payments are due and you have not received your paycheck yet, a more affordable solution would be to apply for a salary advance with SAVii and take advantage of its no-interest offer, and loan proceeds that will be available within 24 hours.
Loan Features
Loan Amount: 1-month salary
Interest Rate: 0%
Loan Term: payable in a month
Requirements
The requirements needed are the same for Salary Loans.
Why Choose SAVii
For years, SAVii, originally known as Uploan, has been providing working Filipinos with easy access to finances. But, SAVii’s commitment to meeting the financial needs of many Filipinos is an inadequate reason to choose them. So, in order to get to know the company better apart from the financial services and products it offers, we have listed below other benefits that Filipinos can experience while entrusting their financial concerns with SAVii – both for employees and businesses.
Friendly Loan Offers
Entrusting your financial concerns to SAVii has to be one of the best decisions one can make. Why? Because aside from the lowest possible interest rate a borrower can get, SAVii does not demand any late payment fees from its borrowers. The company will always be upfront with its terms and conditions and customers can rest assured that there will be no hidden fees, aside from the no-late-fee policy.
Furthermore, the company provides loans that come with FREE on-demand learning. SAVii offers free mental health webinars for employees, human resources, senior executives, and team leaders to take advantage of so they could altogether create a mentally healthy and effective workplace.
SAVii also gives a free financial education which is being discussed through its monthly newsletter and quarterly webinar series to educate employees on the proper and more effective approach of managing their personal finances in order to increase their chances of reaching their goals.
And finally, there is free medical insurance that SAVii provides its partner employees, where anyone, including those who do not apply for any other product, can use to ensure that they can financially prepare themselves in the face of medical emergencies.
Delivers Good User Experience
Looking for a solution to financial troubles is already stressful, which is why SAVii assures its customers a quick loan application to help ease their worries. With the country’s digitalization on the rise, SAVii has capitalized on the changes by developing a better and faster way to engage with its consumers. Borrowers can now receive their desired financial aid immediately with a single tap, courtesy of SAVii’s simple application and quick loan approval. The dashboard will display the consumer all the things they need to know should they opt to get financial help from SAVii.
Furthermore, repayments can be made immediately through salary deduction, bypassing the need to visit SAVii’s associated payment channels or find the nearest branch. But, if the borrower has already left the SAVii-partnered company for which they work, they can still repay their outstanding balance through other methods listed on the website, since salary deduction will no longer be an option.
SAVii is your Reliable Financial Partner
Unknown to many that aside from the fast loan approval that SAVii provides, it boasts a 90 percent approval rate. Its products and services are always available online, and its website is working 24/7, waiting for customers seeking financial assistance.
SAVii’s excellent customer reviews are proof of the company’s dedication to delivering the best borrowing experience.
Partnering with SAVii is Safe and Secure
With SAVii, companies can rest assured that there will be no cost/liability. Moreover, there will be no extra tasks for HR or there is no need to exert so much effort since everything can be done online – from the application to the repayment process. SAVii also guarantees protection for all its clients from any predatory lenders.
Furthermore, SAVii conforms to responsible lending practices and will not do anything to ruin its reputation from all its clients and prospective customers.
How to Sign Up
To sign up, loan applicants can follow these simple steps:
Visit the website and click “Sign Up” located on the upper right-hand side of the screen.
Enter your employer’s name and select from the dropdown list.
Note: Only employees with employers already accredited with SAVii will be able to avail of the loan products currently being offered.
Select the type of loan you wish to apply for – a Salary Loan or Salary Advance, and then click on ”Apply”.
Provide your personal information and contact information then click ”Next”.
Verify your phone number and enter the OTP that was sent to your mobile number then click on “Verify”.
Create a secure password with a minimum of 6 letters, 1 number, 1 capital letter, and 1 special character. Read and agree with the Terms and Conditions then click on “Create Account”.
Provide the additional information needed to proceed.
Answer all eligibility-related questions and then click ”Check your eligibility”.
Select the loan purpose and click ”Continue”.
Select the amount you want to borrow then click “Apply for this Loan”.
Have all your requirements ready and choose the disbursement channel you wish to receive your loan proceeds, and provide additional contact details and your emergency contact.
Upload all the requirements needed. Make sure to take a clear photo or scanned copy of each required ID and document.
You will receive an email and SMS notification from SAVii when your loan is approved.
Frequently asked questions
What type of government-issued IDs are acceptable when submitting the loan requirements?
How will I be able to receive my loan proceeds?
I am having problems uploading my document. What should I do?
I am not sure if my company is a partner of SAVii. Will I still be eligible for a loan?
Will there be any problems if I leave my company with an outstanding loan from SAVii?
I wish to apply for a new loan. When can I apply for a reloan?
I wish to apply for a higher loan limit. Is that possible?
Conclusion
People face a lot of financial challenges along the way but with the help of SAVii, Filipinos can now continue to dream and look forward to new beginnings and opportunities. It is a fast and easy financial solution, and also offers free webinars which will benefit companies and their employees in meeting their objectives, which will have a positive impact on the country’s economic recovery as well.