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What happens after I am approved for an InstantLoan or InstallmentLoan?

The following channels are available for funds withdrawal:

Withdrawal Option #1: MLhuillier Branches via PayExpress

To claim your funds at your chosen MLhuillier Branch, follow the steps below:

  1. On pera247 app screen, select “M Lhuilier” under Counter Pick-up.
  2. Submit the application and wait for approval.
  3. Take note of your reference code and the exact amount to receive.
  4. Go to the nearest MLhuillier Branch.
  5. Ask the teller for the claim form and fill up the following:
    • Tracking Number or Control Number:
    • Name of Sender: pera247
    • Name of Receiver:
    • Exact Amount to Receive:
  6. Present your 2 valid IDs and receive your cash.
    • Valid IDs: GSIS, SSS, UMID, Passport, Driver’s License, Voter’s ID, PRC
  7. Secure your official receipt.

Note: There is a Php100 Transaction Fee for every disbursement made using this method. Your loan will automatically update into an Active Loan status.


Withdrawal Option #2: Transfer to your Bank Account

To have loan funds disbursed into your preferred bank account automatically, follow the steps below:

  1. Select “Online Bank Transfer” from the disbursement methods available
  2. Select the preferred bank from the list of banks available
  3. Enter your name and bank account number
  4. You will be advised that it might take up to 1 day for the funds to be available in your account
  5. You may check your account online or via ATM regularly to see if the funds are already available for withdrawal

Note: There is no Transaction Fee for disbursement made using this method. Your loan will automatically update into an Active Loan status.

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