List of Qualifications for BDO Personal Cash Loan Application
Here are the qualifications for BDO Personal Cash Loan offer application which clients must meet and some details about the loan.
Are you looking for a bank where you may apply for the cash loan offer? One of the entities that you may turn to is BDO Unibank. One of the giants in the Philippine banking field, the lender offers the BDO Personal Cash Loan that is open for both salaried and non-salaried individuals.
The bank has set a list of qualifications for BDO Personal Cash Loan application. To qualify, the client must meet the following eligibility criteria:
- at least 21 years old at the time of the loan application
- not more than 60 years old upon the loan maturity
- a Filipino citizen or a foreigner who is a resident of the Philippines
- minimum gross fixed monthly income requirement:
- ₱15,000 if locally-employed
- ₱35,000 if Self-Employed / Professionals
- one (1) landline number in either residence or place of work, or mobile number (postpaid or prepaid)
- regular employee or self-employed with business operating at least two (2) years
- residing or working within a BDO serviceable area
The BDO Personal Loan offer is multi-purpose. To apply for the loan offer, there are documents that must be prepared and submitted to the bank.
The Personal Loan offer of BDO Unibank is non-collateral. You don’t need to present a title of land ownership or another property like a vehicle to qualify for the loan offer. Also, there is no need for a guarantor in applying for the loan offer.
BDO Unibank also does not require a credit card. You just have to open a savings or current account with the bank where the loan proceeds will be disbursed.