BDO Cash Loan 2024 — How To Apply & the Requirements You Must Submit

Guide on BDO Cash Loan 2024 Application Process

BDO CASH LOAN 2024 – You can check the steps below on how to apply for the Personal Loan offer of BDO Unibank and the requirements.

Are you looking for a bank where you may apply for a multi-purpose loan offer that can provide you with a financial solution? In the Philippines, one of the banks that you may turn to is BDO Unibank.

BDO Unibank
Photo Credit: Mindanao Times

BDO Unibank is one of the giants in the banking field. It has several offers encompassing bank accounts of different types, credit cards loans, and many other financial services. One of its loan offers is the Personal Loan or also called the BDO Cash Loan.

BDO Cash Loan 2024
Photo Credit: BDO

The BDO loan offer has its own set of features. The amount of how much you may borrow under the BDO Personal Cash Loan may vary. The lender assess the capacity of the borrower. Meanwhile, it has cited the maximum borrowing amount allowed under the offer.

With regards to the interest rates under the BDO cash loan, it also varies. The loan is payable within three (3) years. Here are the steps on how to apply for the loan offer:

Step 1 — Are you qualified? Here are the eligibility requirements that the client must meet to qualify for the loan offer:

  • 21 years old at time of application but not more than 60 years old upon loan maturity
  • Filipino citizen or a foreigner who is a resident of the Philippines
  • minimum Gross Fixed Monthly Income Requirement:
    • ₱15,000 for Salaried Employees
    • ₱35,000 for Self-Employed / Professionals
  • locally-employed or self-employed with business operating at least two (2) years
  • 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

Step 2 — Ready your documents. Prepare the requirements for BDO Cash Loan application. Make sure to have all the documents needed depending if you are locally-employed or self-employed.

Step 3 — Go to BDO Unibank. Head to a branch of the bank nearest to your residence or your workplace. Submit your documents and wait for an update from BDO.

Note that there are BDO fees and charges under the cash loan offer. It is best to be fully-aware about them as it can help in deciding how much you must borrow.

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