Guide on How To Apply for BDO Personal Cash Loan Offer Application Process
Here is a guide on how to apply for the BDO Personal Cash Loan offer of the popular and trusted bank in the Philippines.
BDO Unibank is one of the banks in the Philippines with multiple loan offers. One of them is the BDO Personal Cash Loan offer which is open for several purposes including the following:
- Home Improvements
- Education/Tuition Fee
- Appliances/Furniture/Electronic
- Vacation/Travel
- Balance Transfer/Debt Consolidation
- Special Events
- Health and Wellness
- Medical Emergencies
The loan offer is open for both employed and self-employed individuals. The offer is available in over 1,450 branches nationwide. With regards on how to apply for the BDO Personal Cash Loan offer, you just have to make sure that you have the documents that to be submitted in applying.
- duly-completed and signed BDO Personal Loan Application Form
- government-issued IDs
- proof of income based on your employment status
To apply for BDO Personal Cash Loan offer, bring your documents to a branch of the bank nearest to your residence or workplace. Submit the documents and they will be evaluated by the bank staff for completeness.
The loan application assessment may take a few working days. Wait for a call or an update from the bank for the interview. Also, once the loan application is approved, the bank will notify you regarding the signing of the loan contract and the release of your loan proceeds.
Loan proceeds can be credited to your BDO Savings/Current Account. It is important to keep in mind that there are bank fees that may be deducted from your loan proceeds. Thus, it is best to check on them before deciding on the amount that you will borrow. There are also corresponding charges like when you missed to pay for the monthly loan due on time.