Lists of BDO Personal Loan Requirements for Application
BDO PERSONAL LOAN REQUIREMENTS – Listed here are the documents required in applying for the BDO Unibank cash loan offer.
If you are looking for a reputable entity that you can turn to for a cash loan that can fund several purposes, one of the entities that you may turn to is BDO Unibank. It has the Personal Loan offer that has benefited countless Filipinos, helped achieved long-time dreams, and aid in meeting financial emergencies.
The Personal Loan offer was designed with high loanable amounts, low interest rates, and flexible and easy repayment terms. You may borrow up to Php 2 million and the maximum loan term allowed by the bank is 36 months.
The interest rate can be as low as 1.30% monthly add-on interest rate. There are varying BDO Personal Loan requirements as the offer is open for both locally-employed and self-employed individuals.
For the loan processing to start, you need to submit a complete list of the BDO Personal Loan requirements for application. Here is a guide on the general documents required by the bank in applying for the loan offer:
- duly-accomplished BDO Personal Loan Application Form
- any of the following government-issued IDs
- Preferred IDs – Driver’s License, Philippine Passport, TIN ID, SSS ID or GSIS ID eCard
- Other acceptable IDs – UMID Card, PhilSys ID, Voter’s ID, Philippine Postal ID, PRC ID or Philhealth ID
- Copy of Employment Contract or Certificate of Employment
- Letter from the Embassy (if Embassy Official)
- PLUS any of the following:
- 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 or VISA with EO226
If you are a locally-employed individual, here are the proof of income that BDO Unibank requires in applying for the loan offer:
- Latest Income Tax Return (ITR) duly stamped and received by the Bureau of Internal Revenue or BIR Form 2316 signed by employer’s authorized representative
- Latest full month’s payslip
- Original Certificate of Employment indicating status, service tenure and compensation breakdown
- If with credit card from other banks, copy of the latest two (2) months statement of credit card existing at least one (1) year
There is a different set of proof of income set for the BDO Personal Loan requirements for the self-employed individuals. If you are a self-employed individual, here are the documents that the bank require for submission:
- 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)
- Registration of Business Name (MANDATORY)
- For Single proprietorship – issued by the Department of Trade and Industry (DTI)
- For Partnerships or Corporations – issued by the Securities and Exchange Commission (SEC)
- Latest three (3) months bank statement (OPTIONAL)
- If requested loan amount is more than P1 Million:
- Latest three (3) months bank statement and at least one (1) trade reference
- GIS (if company is a corporation)
