List of BPI Personal Loan Requirements 2025 for Application
BPI PERSONAL LOAN REQUIREMENTS 2026 – If you are an overseas Filipino worker (OFW), here are the documents you will need in applying for the offer of the Bank of the Philippine Islands.
Are you one of the Filipinos who are working abroad and you are in need of a financial solution? Worry not, there are trusted entities that are ready to help you out. One of them is the Bank of the Philippine Islands or more popularly known as BPI.
The Bank of the Philippine Islands which is in service of countless Filipino people for several decades has included the OFWs in all of its loan offers. It has a wide range of loan offers as well as credit cards. With regards to its loans, aside from the BPI Car Loan offer, the bank also has the Personal Loan.
The BPI Personal Loan offer is multi-purpose. It is ready to provide a financial solution in times of medical emergencies and you may also apply for it to make a personal purchase, get your car repaired, expand your business, improve your house, etc.
The Bank of the Philippine Islands has set both eligibility requirements as well as documentary requirements in applying for the loan offer. Before checking on the BPI Personal Loan requirements that you must submit to the bank, it is best to first check on the qualifications for application.
Here are the eligibility criteria set by the bank for the loan application:
- 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:
- If employed, the loan applicant must have a minimum gross income of P20,000 per month.
- If self-employed, the borrower must be the owner or the majority stockholder with at leat 40% stake in the business and earning a gross monthly income of at least P50,000 per month. Furthermore, the business must be in a profitable operation for at least two (2) years already with one (1) trade reference.
There is a BPI Personal Loan requirements list that is specific for the loan applicants who are OFWs. If you are a Filipino who is working abroad and you wish to apply for the loan offer, here are the documents that you will need:
- duly-accomplished and signed BPI Personal Loan Application Form
- one (1) government-issued ID bearing photo of borrower
- POEA contract or an employment contract with boarding date if hired through an recruitment agency
- For OFWs who were directly hired, submit the following:
- Proof of remittance for the last three months
- Latest and unexpired POEA validated information sheet or latest POEA Overseas Employment Certificate (OEC)
- Employment Contract
- Consularized Certificate of Employment
The BPI Personal Loan requirements include one (1) valid ID. Choose from the following documents for the loan application:
- 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)
The Bank of the Philippine Islands implements a one-time processing fee. For loans above Php 250,000.00, the Documentary Stamps tax is also implemented.
- 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
Another loan offer of the bank that is open for OFWs, too, is the BPI Motorcycle Loan.