Details about the BDO Personal Cash Loan Loanable Amounts
BDO Unibank, through its Personal Cash Loan, offers huge loanable amounts for aspiring clients who need money.
In the Philippines, one of the most popular and trusted banks that you can turn to for loans is BDO Unibank. It is one of the giants in the banking field in the country and its offers encompass different types of bank accounts, credit cards, and loans among others.
One of the loan offers is the BDO Personal Cash Loan. It is a non-collateral loan offer that can serve many purposes. You may apply for to get your car repaired, finance some minor home improvements, pay for the tuition fees, fund a special event, etc.
Under the BDO Personal Cash Loan offer, there are high loanable amounts offered for both salaried and non-salaried borrowers. Here are the minimum and maximum loanable amounts under the offer:
- Minimum Loanable Amount — Php 10,000.00
- Maximum Loanable Amount — Php 2 million
The amount borrowed is payable in 6, 12, 18, 24, or 36 months. The interest rate is dependent on the loan term chosen by the borrower.
| Tenor | ​Factor Rate ​ | ​​Monthly Add-on Rate | ​​Effective Rate/Annum |
|---|---|---|---|
| 6 | 0.179667192 | 1.30% | 26.27% |
| 12 | 0.095836960 | 1.25% | 26.63% |
| 18 | 0.068058532 | 1.25% | 26.76% |
| 24 | 0.054167533 | 1.25% | 26.58% |
| 36 | 0.040279967 | 1.25% | 25.98% |
BDO Unibank has set a list of eligibility criteria for qualification to its Personal Loan offer. The first step to availing the offer is to check whether or not you pass the eligibility criteria set by the bank.
The BDO Personal Loan offer is availble in over 1,450 branches and offices of the bank around the country. The bank also has at least two (2) full branches abroad. You may also avail for the services of the bank online or through the over 4,400 ATMs nationwide.