BDO Cash Loan Requirements for Locally-Employed Individuals — A GUIDE

Qualifications & List of BDO Cash Loan Requirements for Locally-Employed Applicants

BDO CASH LOAN REQUIREMENTS – For locally-employed individuals who want to apply for the Personal Loan offer, here are the documents required for application.

In the Philippines, one of the banks with a multi-purpose cash loan offer is BDO Unibank. It is also one of the most reputable banks in the country with multiple bank account, credit card, and loan offers.

If you are in need of cash to be used for several purposes aside from purposes that involve residential property acquisition and car acquisition, you may turn to the Personal Loan offer. The BDO cash loan requirements under the offer vary.

The loan offer is open for locally-employed individuals. To apply for the loan offer, here are the qualifications and the BDO cash loan requirements for application:

Eligibility Criteria

• a Filipino citizen or a foreigner who is a resident of the Philippines

• at least 21 years old at time of application

• not more than 60 years old upon loan maturity

• a regular employee or self-employed with business operating at least two (2) years

• with one (1) landline number in either residence or place of work, or mobile number (postpaid or prepaid)

• residence or office address must be within any area where a BDO branch is located

Requirements

• duly-accomplished and signed BDO Personal Loan Application Form
• valid government ID
• proof of income:
  • 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
  • Original Certificate of Employment indicating status, service tenure and compensation breakdown
  • Latest full month’s payslip
  • copy of the latest two (2) months statement of credit card existing at least one (1) year if with credit cards from other banks

With regards to the valid IDs accepted by BDO Unibank, here are the options that you may choose from: