List of BPI Cash Loan Requirements 2025 for Application
BPI CASH LOAN REQUIREMENTS 2025 – Here are the documents required of locally-employed individuals in applying for the Personal Loan offer of the Bank of the Philippine Islands.
Nowadays, Filipinos have a lot of options in times of financial needs. There lending companies as well as different banks that offer loans. In the country, one of the reputable banks that are operation for decades now is the Bank of the Philippine Islands or more popularly called BPI.
BPI is operating in the Philippines for several decades already. It has helped millions of Filipinos during dire needs for finances, project completions, house acquisitions, and a lot more. The BPI loans are among those that have been proven helpful in many situations across the years. One of the offers is the BPI Personal Loan, a multi-purpose cash loan offer.
The BPI Personal Loan offer is open for locally-employed individuals, self-employed individuals, as well as overseas Filipino workers (OFWs). Truth be told that most individuals who often consider bank loans are locally-employed ones.
In the case of the BPI cash loan requirements for application, there are both qualifications as well as documentary requirements for application. To be eligible to apply for the loan offer, here are the qualifications that an applicant must meet:
- a Filipino citizen
- 21 years old and above upon the loan application filing
- 60 years and below upon the date of the loan maturity
- proof of income:
- the loan applicant must have a minimum gross income of P20,000 per month.
As mentioned, the BPI cash loan requirements 2025 include documents that have to be submitted in applying for the loan offer. For locally-employed individuals who want to apply for the Personal Loan offer, here are the documents you must prepare and submit to the bank:
- duly-accomplished and signed BPI Personal Loan Application Form
- one (1) government-issued ID bearing photo of borrower
- three (3) months worth of pay slips in original copies
- latest Income Tax Return (BIR Form 2316)
The Bank of the Philippine Islands, just like other banks and even lending entities, require the presentation of an identification document or ID as a proof of identity. Here is a guide on the ID that you may present in applying for the BPI loan offer (make sure it is within its validity period):
- Passport
- Professional Regulatory Commission (PRC) ID
- Driver’s License
- Postal ID
- Voter’s ID
- Government Service Insurance Sysytem (GSIS) e-Card
- Taxpayer Identification Number (TIN)
- Social Security System (SSS) card
- Overseas Workers Welfare Administration (OWWA) ID
- Senior Citizen card
- Government office and Government-owned and Controlled
- Overseas Filipino Worker (OFW) ID
- ID issued by the National Council on Disability Affairs
- Corporation (GOCC) ID (e.g., Armed Forces of the Philippines (AFP), Home Development Mutual Fund (HDMF) IDs)
- Integrated Bar of the Philippines (IBP) ID
- PhilHealth Health Insurance Card ng Bayan
- Company IDs issued by private entities or institutions registered with or supervised or regulated either by the Banko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC) or Insurance Commission (IC)
- National Bureau of Investigation (NBI) Clearance
- Barangay Certification
- Police Clearance
- Alien Certificate of Registration / Immigrant Certificate of Registration (notapplicable for Housing Loan)
- PhilSys Digital ID
- Department of Social Welfare and Development (DSWD) Certification
- Seaman’s Book
- Printed ePhilID
- Professional ID cards issued by Maritime Industry Authority (MARINA)
Please keep in mind that there are fees for the loan application processing. Here is a guide on the charges that may be deducted by the bank from the loan proceeds in cases of approved loan applications:
- one-time processing fee — Php 1,500 (to be deducted from the loan proceeds)
- Documentary Stamps Tax — Php 1.50 for every Php 200.00 for loans above Php 250,000 or loans for business purposes
Aside from the loan offers, there are also several BPI credit cards that the trusted bank offers.