Multipurpose Loan | BDO Unibank, Inc.

Why choose BDO Multipurpose Loan

Fund Major Projects and Requirements

Purchase another property or upgrade an existing one.

Fund Business Expansion Plans

Open a new store, acquire a new business, buy inventory or upgrade equipment.

Support Working Capital Needs

Cover unexpected expenses and help manage day-to-day business operations.

Borrow up to ₱50M with low rates

Maximize your real estate property and borrow up to 70% of its value.

Flexible Loan Facilities

BDO Multipurpose Loan allows you to choose how you want to access your funds and repayment terms based on your needs.

Enjoy Exclusive Online Offers

Effortlessly submit your application online and save on interest rates and loan fees.

Save on loan fees

Enjoy waived loan fees up to ₱30,000 when you apply for a BDO Multipurpose Loan now.

Tools and calculator

Multipurpose Loan Calculator

Compute for a loan package that suits your budget.

Explore more

Inquiries

Interest Rate

Commercial Properties For Sale

Application requirements

Sole Proprietorship, Partnership, Corporation or Employed Individuals.

At least 21 years old but not exceeding 70 years old at the end of the loan term
With stable source of income from employment or business
Minimum annual gross sales of ₱1M for business or;
Minimum monthly gross income of ₱50,000 for employed individuals
Business is within BDO serviceable area

Individual/Sole Proprietorship

Locally employed
- Latest Income Tax Return or BIR Form 2316 or latest three (3) months payslips
- Latest Certificate of Employment with Income (COEI)
Self-employed
- Photocopy of Audited Financial Statements for the last 2 years with latest ITR
- Bank Statements for the last 6 months or Photocopy of Passbook showing at least 6 months transactions
- Certificate of Business Registration with DTI
- Business background/Company Profile
Employed Abroad
- Proof of Remittance for the last six (6) months
- Latest three (3) months payslips
- Latest Crew Contract (for seafarers)
- Certificate of Employment with Salary/Employment Contract (Consularized if no proof of remittance is submitted)
From Rental of Property/ies
- Lease Contract
- Photocopy of TCT/CCT

Partnership/Corporation

Photocopy of Audited Financial Statements for the last 2 years with latest ITR
Bank Statements for the last six (6) months or Photocopy of Passbook showing at least 6 months transactions

Any of the following

Partnership – Articles of Partnership and Certificate of Registration issued by SEC
Corporation – Certificate of Registration issued by SEC, Latest Amended Articles of Incorporation and By-Laws, List of Elected Officers / General Information Sheet, Board Resolution or Secretary’s Certificate
Business Background / Company Profile
Proof of other income, if any

Photocopy of TCT/CCT
Photocopy of Tax Declaration (for land improvement)
Reservation Agreement or Contract to Sell of Statement of Account (for BDO Accredited Developers only)
Authorization of Tax Mapping signed by present owner

Construction Loan
- Building/Floor Plan of proposed improvement
- Bill of Materials
- Specification of proposed finishes
Refinancing / Loan Take Out
- Statement of Account from current lender and Official Receipts for the last three (3) months

*Appraisal Fee is included

Apply now

Continue Application

Complete your existing application.

Apply Online

Start your online application today.

Inquire Now

Leave your contact details. A BDO Account Officer will get in touch with you.

Download Form

Fill out and submit the form at any BDO Branch or BDO Account Officer.

Application Process

✓

Step 1: Check qualifying requirements

Age, citizenship, and
income eligibility

Step 2: Prepare the required documents

Provide required IDs and fill out forms.

Step 3: Submit the application form

Apply online or through
any BDO Loans Center.

Frequently Asked Questions

You can borrow up to 70% of the value of your real estate properties.

For instance, you can loan up to ₱5.6 Million for a House & Lot with an appraised value of ₱8 Million

Appraised value maybe determined during property appraisal, upon loan application.

Pre-approval Fees*

Appraisal fee (per title)

If collateral offered is within 30km. radius from any BDO branch – ₱5,000
If collateral offered is outside 30km. radius from any BDO branch - ₱5,500

Post-approval Fees*

Handling fee - ₱5,000
Notarization Fee - ₱500 per document
Collateral Registration fee - Based on the approved loan amount and standard Registry of Deeds (RD) fees.
Documentary Stamp Tax - ₱1.50 for every ₱200 of the approved loan amount
Credit Life Insurance (CLI)

₱4.75 for every ₱1,000 of the approved loan amount (assuming standard rate for borrowers up to 49 years old)

₱6.50 for every ₱1,000 of the approved loan amount (assuming standard rate for borrowers ages 50 to 69 years old)
Fire Insurance (FI) Premium - Based on the appraised value of the improvement on the property submitted as collateral
Contractors All Risk Insurance (CARI) - Applicable to Term Loan (Construction). Based on the evaluated Bill of Materials of the property for construction.
Annual Commitment Fee (for Ready Check credit line facility)
- ₱30,000 for up to ₱5M line amount
- ½ of 1% of line amount for ₱30,000 whichever is lower for line amount above 5M to 20M
- ½ of 1% of line amount for ₱50,000 whichever is lower for line amount above 20M
Checkbook Requisition Fee (for Ready Check credit line facility) – ₱500 per booklet

Other Bank Fees*

Processing Fee
- For Term Loan and Ready Check credit line facility - ₱3,500 will be collected in case of full payment of loan before its maturity date
- For Term Loan only – ₱5,000 will be collected for the cancellation of approved loan

*Subject to change without prior notice.
Please pay applicable loan-related fees at any BDO branch

For Term Loan

Monthly loan payments are deducted from your enrolled BDO account via Automatic Debit Arrangement (ADA)

You may refer to your Amortization Schedule for your monthly payment and loan details.

For Ready Check credit line facility

Minimum amount due is deducted from your enrolled BDO account via ADA.
Outstanding Balance maybe paid in partial or in full over the counter at any BDO branch nationwide.

You need to settle at least 5% of your availed amount every quarter.

This will be added to your minimum amount due.

For easy monitoring of your transactions, you can check your monthly electronic Statement of Account (eSOA) which indicates your available credit line, minimum amount due, total outstanding balance and other credit line details.

Note: Please ensure that your account is sufficiently funded before the due date of your monthly loan payments to avoid penalties and late payment charges.

Yes. Getting insurance is important for your own security and to protect your property from unfortunate incidents that may happen during the term of your loan.

Credit Life Insurance (CLI) – Financial protection in case of untimely death or total disablement. It can pay off your loan’s total outstanding balance.

Fire Insurance (FI) – Financial protection for the property. It can pay off the damages or loss due to fire, calamity, catastrophe, etc.

Contractors All Risk Insurance (CARI) – Applicable to Construction Loan, it provides coverage for damage / risks normally associated with the construction project.

For Term Loan clients, BDO offers payment of insurance premium under the BUILT-IN INSURANCE facility.

Under this, premium is spread out in 12 monthly installments without interest and billed together with your monthly amortization.

For Ready Check credit line facility, premium payment may either be deducted from an enrolled BDO Account via Automatic Debit Arrangement (ADA) or paid Over The Counter (OTC) at any BDO Branch nationwide.

BDO Online Banking

To access BDO’s Online Banking, you should have a BDO Deposit Account or Credit Card.

If you don't have a BDO Online Banking Account yet, sign up here.

To set up your Multipurpose Loan Account:

Log in to your BDO Online Banking.
Go to Enrollment Services.
Add your Multipurpose Loan Account.

Once your account is set-up, you may view your Account and Transaction Details, such as Account Number, Interest Rate, Monthly Amortization, Outstanding Balance, etc.

BDO Loans Quick Inquiry

Check your account here.
Fill out the form with your loan account and personal details.
You will receive a One-Time Password (OTP) through your registered mobile number to complete your log in.

Note: Online Banking and BDO Loans Quick Inquiry is only applicable for Term Loan

Please ensure to keep your contact information updated:

Go to Loan Client Request and choose Loan Information Update
Click Client Information and choose your applicable category
Accomplish the online form and click Submit

To request copy of your loan document(s), amortization schedule or full payment computation:

Go to Loan Client Request and choose Document Request
Click the appropriate link for the document you want to request
Accomplish the form and submit as instructed

Below requests will be charged with corresponding processing fees.

Payment Summary / History of Payment – ₱200
Certificate of Outstanding Balance – ₱100
Interest Applied & Total Interest Paid – ₱200 (for Home and Multipurpose Loan)
Certificate of Mortgage – ₱100 (for Home and Multipurpose Loan)

Once your loan has been fully paid and cleared by the Bank, you will be notified via SMS/email of the availability of your collateral documents, which includes the title.

To request the release of your collateral documents, go to Loan Client Request and click Collateral Request.

Please be advised that there is a 6-month claim period for collateral documents. After which, a Safekeeping Fee will be charged, as follows:

After 6 months from date of SMS/email on the availability of collateral document – ₱500 per Loan Account
Every year thereafter that the documents remain unclaimed – Additional ₱500

Videos & articles

Grow your way with BDO Multipurpose Loan

Easy access to funds with BDO Multipurpose Loan

Use your property to fund your business

Multipurpose Loan Entrep Talks: The Good Debt Series: Episode 1

Multipurpose Loan Entrep Talks: The Good Debt Series: Episode 2

Business Owners Must Brace for Impact and Take Action

Cash flow is equally important as profit

Dealing with Entitlement in a Family Business

Expansion Approaches for your Business

Family Business Governance

Identifying, developing family talent Key to long term growth

In Times of Uncertainty

Instilling an Entrepreneurial Mindset to the Next Generation Business Owners

Investment Mix for Entrepreneurs

Keypoints to help improve communication in a Family Business

Pit falls that an entrepreneur should avoid

Putting order in the Family Business

The dangers of not initiating succession planning to early

The journey towards successful entrepreneurship

Why fights erupt in a family business

Loan Client Request

View your loan account details.

To lengthen (add no. of years) or shorten (lessen no. of years) your Loan Term, submit the following requirements at any BDO branch.

Lengthening

Completed Customer Request Form
Proof Income (any of the following)
- Bank statement for the last 6 months
- Certificate of Employment (COE) / Income Tax Return (ITR) /
- Pay slip (if employed)
- Income Tax Return (ITR) / Audited Financial Statement (if self-employed)
Updated Real Estate Tax Receipts and Tax Declaration on Land and Improvements
Photocopy of official receipts for the appropriate fees paid
- Amendment Fee –₱3,000
- Processing Fee –₱3,000
- Documentary Stamps (computation: Outstanding Balance / ₱200 x 1.5

Shortening

Completed Customer Request Form
Proof Income (any of the following)
- Bank statement for the last 6 months
- Certificate of Employment (COE) / Income Tax Return (ITR) /
- Pay slip (if employed)
- Income Tax Return (ITR) / Audited Financial Statement (if self-employed)
Updated Real Estate Tax Receipts and Tax Declaration on Land and Improvements

Submission of Endorsed Life Insurance Policy

Submit the following at nearest BDO branch

Customer Request Form
Photocopy of Life Insurance Policy endorsed to BDO Unibank, Inc.
Letter of Undetaking

(Applicable only if insurance is not yet fully paid; should be signed by all borrowers)

Once request is approved, prepare the following for submission:

Original copy of Endorsed Life Insurance Policy
- Should be issued by a Philippine Insurance company accredited by BDOI.
Coverage period is not less than the term of the loan
Official Receipt or Certificate of Full Payment for entire period

Set an appointment as soon as you receive a notification to claim your collateral documents

Online Scheduler

Note: Choose your preferred date and time from 9:00am to 3:00pm on banking days. No walk-ins allowed.
Should you miss your scheduled appointment, you may set a new appointment after three (3) banking days.

Prepare all requirements for the release of collateral. View complete requirements here.

Individual / Sole Borrower
Two (2) or more Borrowers / Mortgagors
Corporation

Kindly expect an SMS and email confirmation of your appointment with a BDO email address where you should send a copy of one (1) valid government-issued ID (with 3 specimen signatures) of the Claimant/s (Borrower/s / Registered Owner/s and/or Authorized Representative) for advance validation. Original copies to be presented upon claiming of the collateral documents.

Please be advised that there is a 1-month claim period from the date of notification release of collateral documents. After which, a Safekeeping Fee will be charged. Details as follows:

After 1 month from the notification of availability of collateral document - ₱500 per Loan Account
Every 6 months thereafter, that the documents remain unclaimed - Additional ₱500

For any complaint or concern, the client may visit our branch or our BDO Consumer Assistance Management System online at https://www.bdo.com.ph/consumer-assistance. The client agrees and understands that BDO shall take actions within 7 to 10 banking days from receipt of complete information and relevant documents in hard copies or electronic form from the client. For complaints/concerns requiring more time to investigate and resolve, BDO will accordingly advise the client including the progress thereof.

Contact us

BDO Corporate Center:

7899 Makati Avenue Makati City 0726, Philippines Trunkline: (+632) 8840-7000

BDO Contact Center:

Hotline: (+632) 8888-0000

Outside Metro Manila

(PLDT/Globelines): #8888-0000

(For landline only, press # followed by 8888-0000)

International Toll-Free:

(IAC)+800-8-CALLBDO (2255-236)

(See list of IAC here)

callcenter@bdo.com.ph

This channel is dedicated to handling online banking enrollment and/or updating of registered online banking contact information of overseas clients. For phishing reports, please send the email to reportphish@bdo.com.ph.

By using our site, you agree to BDO’s use of cookies to help improve your browsing experience. View our Data Privacy Policy for more details.

BDO Multipurpose Loan

Multipurpose Loan Online Exclusive Offers