Here’s Guide on BDO Multipurpose Loan Requirements 2025 for Application
BDO MULTIPURPOSE LOAN REQUIREMENTS 2025 – You can check here the documents required in applying for the BDO Unibank cash loan offer.
In the Philippines, one of the biggest and most trusted banks is the BDO Unibank. It has millions of clients composed not only of Filipinos in the country but as well as overseas Filipino workers (OFWs).
BDO is in the service of millions of Filipinos for decades now. It has several finance product offers including savings and checking accounts, loans, credit cards, insurance policies, investment products, and many others.
With regards to the loan offers of the bank, aside from the BDO Cash Loan OFWs, the bank also has the Multi-Purpose Loan offer that is ready to finance several purposes. You may apply for it to finance a travel, a personal purchase, a business expansion, an event, etc.
Under the loan offer, a client may borrow up to P50 million. The loan is payable for up to five (5) years and it is open for locally-employed and self-employed Filipinos. Before checking on the BDO Multipurpose Loan requirements for application, it is best to check first the qualifications under the loan offer.
Who are qualified to apply for the loan offer? To be eligible for the loan offer, a borrower must be…
- 21 years old and above during the loan application but not exceeding 70 years old at the end of the loan term
- with stable source of income from employment or business
- with a 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
If you are locally-employed, here are the BDO Multipurpose Loan requirements you must prepare and submit to the bank for the application:
- duly-accomplished and signed application form
- Clear copy of one (1) valid ID matching application details
- Marriage Contract (if applicable)
- Latest Income Tax Return or BIR Form 2316 or latest three (3) months payslips
- Latest Certificate of Employment with Income (COEI)
You may choose from the following with regards to the identification documents (IDs) that you will present in applying for the BDO Unibank loan offer:
- Philippine Passport – Department of Foreign Affairs (DFA)
- Driver’s License – Land Transportation Office (LTO)
- UMID – Single ID Card of all SSS, GSIS, Philhealth and PAG-IBIG Members
- Voter’s ID – Commission on Election (COMELEC)
- SSS Card – Social Security System (SSS)
- GSIS Card – Government Service Insurance System (GSIS)
- Digitized Postal ID – Philippine Postal Corporation (PHLPost)
- PRC ID – Professional Regulations Commission
- OFW ID – Department of Labor and Employment (DOLE)
- OWWA ID – Overseas Workers Welfare Administration (OWWA)
- IBP ID – Integrated Bar of the Philippines
- Digitized BIR Taxpayer’s ID – Bureau of Internal Revenue (BIR)
- Senior Citizen’s ID Card – Office of Senior Citizen’s Affairs (OSCA)
- Diplomat ID – Philippine Embassy
- PhilHealth ID Card – Philippine Health Insurance Corporation
- PhilSys ID / National ID – Philippine Identification System
- Student’s ID – School Registrar’s Office
- Solo Parent ID – Department of Social Welfare and Development (DSWD)
- NBI Clearance – National Bureau of Investigation (NBI)
- Barangay Certification – Barangay Hall
- Seaman’s Book – Maritime Industry Authority (MARINA)
- POEA Card – Philippine Overseas Employment Association (POEA)
- DSWD Certification – Department of Social Welfare and Development
- NCWDP Certification – National Council for the Welfare of Disabled Persons
- PLRA ID – Philippine Leisure and Retirement Authority
- Marriage Contract – Philippine Statistics Authority
- TIN ID Card – Bureau of Internal Revenue (BIR)
- Person with Disability (PWD) ID Card – National Council on Disability Affairs (NCDA) or Department of Social Welfare and Development (DSWD)
- Police Clearance – Philippine National Police (PNP)
- Community Tax Certificate (Cedula) – Barangay Hall
- Alien Certificate of Registration (ACR) or Immigrant Certification of Registration – Bureau of Immigration
- Consular ID – Philippine Embassy
- PRA Special Resident Retiree Visa – Philippine Retirement Authority
- Firearms Licence – PNP Firearms and Explosives Office
- PSA Birth Certificate – Philippine Statistics Authority