How to Borrow Money from Japan Post Bank Now: Complete Guide to 3 Loan Services (Including No-Screening Options)
When you suddenly need funds and think “Borrow money today” or “I need money now”, the loan services from Japan Post Bank (Yucho Bank) can be a reliable choice.If you use your time deposit or fixed savings as collateral, a standard credit screening is not required, though certain conditions apply.There are also other options such as an overdraft service of up to 300,000 yen, and the JP BANK Card cash advance function.
This article clearly explains the features, conditions, and procedures of each service, helping reduce financial stress in emergencies.
📌 1. Overview of Japan Post Bank Loan Services and Borrowing Options
The main 郵便 局 で お金 借りる 方法 (ways to borrow money from Japan Post Bank) can be divided into three categories:
| Loan Type | Collateral | Credit Screening | Available Amount | Interest Rate | Features |
|---|---|---|---|---|---|
| Savings-Backed Automatic Loan | Required (time/fixed deposit) | Not required | Up to 3 million yen (within 90% of deposit amount) | Deposit rate +0.5% (time deposit) / Repayment rate +0.25% (fixed deposit) | Low interest, no credit check but collateral required |
| Overdraft Service | Not required | Required | 100,000–300,000 yen | 14.0% per year | No collateral, credit check required, automatic overdraft coverage |
| JP BANK Card Cash Advance | Not required | Required (during card issuance) | 300,000–500,000 yen | 15.0% per year | Card-based cash advance, available at overseas ATMs |
These options differ in conditions and interest rates, allowing users to choose based on their needs and circumstances.
📌 2. No Screening and Same-Day Access: Savings-Backed Automatic Loan
Eligibility: Holders of a Japan Post Bank General Account who can pledge time or fixed deposits as collateral.
Loan Limit: Up to 90% of the collateral deposit, maximum 3 million yen.
Interest Rate:
- For time deposit loans → Deposit interest rate + 0.5% annually.
- For fixed deposit loans → Repayment interest rate + 0.25% annually.
Application Procedure:
Apply at a branch counter during business hours with your passbook, registered seal, and ID document.
How to Use:
After approval, funds can be withdrawn via ATM, and repayments can be made flexibly.
Repayment Terms:
No fixed repayment deadline or minimum amount—repayments can be made according to your plan.
Benefits:
You don’t need to cancel your savings, and interest costs remain low.
Example:
If you have 1 million yen in a time deposit, you can borrow up to 900,000 yen immediately. The low interest rate minimizes repayment burden.
📌 3. No Collateral but Requires Screening: Overdraft Service Features and Application Steps
Eligibility Requirements:
- Japanese citizens or permanent residents
- Aged between 20 and 70 with a stable income
- Must have a Japan Post Bank savings account and qualify for a guarantee from a partner company
Loan Amount: 100,000–300,000 yen
Interest Rate: 14.0% per year
Application Methods:
- Online Application: Verify identity through the Yucho authentication app, then apply via the dedicated website. Results are notified by email in about 10 days.
- In-Branch Application: Bring your passbook, cash card, registered seal, and ID. Screening results take around two weeks.
How It Works:
When your account balance is insufficient, the system automatically provides a loan to cover the shortfall.
Repayment:
A fixed repayment amount (10,000 yen) is automatically withdrawn on the 8th of each month. Additional repayments can be made at any time.
Important Note:
Late or missed payments may affect your credit history—timely repayment is essential.
📌 4. What Is JP BANK Card Cash Advance? Loan Limit and Repayment Options
Borrowing Limits by Card Type:
- General Card / ALente → Up to 300,000 yen
- Gold Card → Up to 500,000 yen
Interest Rate: 15.0% per year
Repayment Options:
- Lump-sum payment (full repayment the following month)
- Revolving payment (fixed monthly repayments to reduce burden)
Usage:
Cash advances can be made through domestic or overseas ATMs, CDs, or via online and telephone transfer requests.
Overseas Use:
Withdraw local currency at ATMs displaying Visa, Mastercard, or JCB logos. Only single payments are accepted, and a PIN is required.
Benefits:
Convenient for emergencies while traveling or for temporary cash needs.
📌 5. Emergency Precautions and Risk Management: Borrow Wisely and Safely
While 審査 なし で お金 を 借りる (borrowing money without screening) options can be attractive, responsible use is critical.
Savings-Backed Automatic Loan:
- If you fail to repay, your collateral (time/fixed deposit) will be automatically liquidated after the loan period ends to cover the principal and interest.
- Remaining funds after settlement are returned to your account, but your savings plan may be disrupted.
Overdraft Service:
- Continued delays in repayment can make you ineligible for further borrowing and may result in your data being registered with credit information agencies.
- Timely repayment is crucial.
Key Tips for All Borrowers:
- Set loan amounts and repayment schedules within your financial means.
- Avoid borrowing beyond what you can repay.
- Calm, planned borrowing ensures safe and reliable financial management.