Personal Loan
WHAT WE OFFER
Bring your plans to life with BDO Personal Loans.
Enjoy low interest rates and easy payment terms on your financing needs such as:
• Home Improvements
• Education / Tuition Fee
• Appliances / Furniture / Electronic
• Vacation / Travel
• Balance Transfer / Debt Consolidation
• Special Events
• Health and Wellness
• Medical Emergencies
Key Features
Loan Amount
Avail of cash for as low as P10,000 up to P2,000,000, subject to bank approval.
Loan Term
Flexible payment terms! Choose from 6, 12,18, 24, 36 months.
Loan Availability
Loan proceeds can be credited to your BDO Savings / Current Account.
Payment Channels
Pay monthly installment via Automatic Debit Arrangement (ADA) to your BDO Savings / Current Account.
Monitoring
Monitor your outstanding balance via BDO Personal Online Banking.
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HOW TO APPLY
BDO Personal Loan
Eligibility Requirements
• Must be 21 years old at time of application but not more than 60 years old upon loan maturity
• Applicant must be a Filipino citizen or a foreigner who is a resident of the Philippines
• Minimum Gross Fixed Annual Income Requirement:
◦ P15,000 for Salaried Employees
◦ P35,000 for Self-Employed / Professionals
• Regular employee or self-employed with business operating at least two (2) years
• One (1) landline number in either residence or place of work, or mobile number (postpaid or prepaid)
• Residence or office address must be within any area where a BDO branch is located
BDO Kabayan Program
1. Overseas Filipino Worker (OFW)
Eligibility Requirements
• At least 25 years old at the time of loan application and not more than 65 years old at the time of loan maturity
• Former Filipinos with or without dual citizenship; Filipinos married to foreigners; Filipinos based abroad/OFW and their Beneficiaries
• Must have at least two (2) years continuous employment contract
• Must have at least one (1) landline phone at either residence or employment/business
• Gross monthly income must be at least P20,000 or its US$ equivalent
• With good credit history
Beneficiary Requirements
(Required only if proceeds will be released to any person other than the applicant him/herself)
• Must have a landline
• Limited to the following: spouse or children, immediate family members (parents or siblings), relatives of up to 3rd degree of consanguinity
• Beneficiary must be residing/working within BDO serviceable areas (30km radius from any BDO branch)
Processing Guidelines
• Employment verification with employer will be done via callout or email
2. Seaman/ Domestic Helpers
Eligibility Requirements
• At least 25 years old at the time of loan application and not more than 65 years old at the time of loan maturity
• Must be Filipino citizen
• Must have at least 3 years continuous employment contract
• Must have at least 1 landline phone at either residence or employment/business
• Gross monthly income must be at least P20,000 or its US$ equivalent
• With good credit standing
Beneficiary Requirements
(Required only if proceeds will be released to any person other than the applicant him/herself)
• Must have a landline
• Limited to the following: spouse or children, immediate family members (parents or siblings), relatives of up to 3rd degree of consanguinity
• Beneficiary must be residing/working within BDO serviceable areas (30km radius from any BDO branch)
Processing Guidelines
• Check Manning Agency vs. POEA Manning Agency List
• Employment verification with Manning Agency
BDO Personal Loan & Kabayan Program
Requirements
Proof of Identification
Filipino
Any of the following government-issued IDs (front and back)
| Preferred IDs | Driver’s License, Philippine Passport, TIN ID, SSS ID, GSIS eCard |
| Other acceptable IDs | UMID ID, PhilSys ID, Voter’s ID, Philippine Postal ID, PRC ID, Philhealth ID |
Foreigner
• Copy of Employment Contract or Certificate of Employment
• Letter from the Embassy (if Embassy Official)
• Any of the following valid documents:
- Valid VISA and work permit
- Alien Certificate of Registration (ACR) or Immigrant Certificate of Registration (ICR) or ACR-I
- Valid passport with any of the following: Special Investors Resident Visa; Special Non-Immigrant VISA for PEZA investors and employees, or VISA with EO226
Proof of Income
Employed / Salaried
|
Photocopy of any of these mandatory requirements • Latest Income Tax Return (ITR) duly stamped and received by the Bureau of Internal Revenue • BIR form 2316 signed by the employer’s authorized representative |
PLUS any of the following: • Latest full month’s payslip • Original Certificate of Employment indicating status, service tenure, and compensation breakdown. • If with existing credit cards from other banks, copy of the last two (2) months statement of the credit card that is at least one (1) year on books |
Self-employed / Professionals
|
• Photocopy of the latest Income Tax Return duly stamped as received by the Bureau of Internal Revenue (BIR) and Audited Financial Statements for the last two (2) years (MANDATORY) • Photocopy of Registration of Business Name (MANDATORY) • Latest three (3) months' bank statement (OPTIONAL) |
Additional document requirements for BDO Kabayan Program
• Signed Automatic Debit Arrangement Form
• Authorization Letter for Beneficiary signed by OFW
• Beneficiary Information Form
BDO Personal Loan & Kabayan Program
• Submit your application at any of our BDO branch nationwide
• For our Kabayans working abroad, you may use the BDO Kabayan Application forms by clicking the following links:
◦ BDO Kabayan – Secured
▪ Application Form
▪ Deed of Assignment Form
▪ Automatic Debit Arrangement Form
▪ Beneficiary Information Form
◦ BDO Kabayan – Unsecured
▪ Application Form
▪ Authorization Form
▪ Automatic Debit Arrangement Form
▪ Beneficiary Information Form
Apply Now
For Inquiries
Call BDO Customer Center at +63 2 8631-8000