Guide on BDO Cash Loan Offer Features
BDO CASH LOAN – BDO Unibank offers a Personal Loan that can provide financial solutions to multiple short-term needs.
In the Philippines, one of the reputable banks is the BDO Unibank. It is one of the biggest in the banking industry and it has several offers encompassing both personal and corporate categories. The bank offers:
- savings and checking accounts
- debit cards
- credit cards
- loans
- insurance policies
- investment products
- remittance services
BDO Unibank offers a Personal Loan, Home Loan, Auto Loan, and SME Loan. Among its loan offers, the most flexible is the Personal Loan which is a multi-purpose cash loan offer. It is open to finance several purpose including the following:
- Home Improvements
- Appliances/Furniture/Electronic
- Education/Tuition Fee
- Vacation/Travel
- Special Events
- Balance Transfer/Debt Consolidation
- Medical Emergencies
- Health and Wellness
The BDO cash loan offer is open for both salaried and non-salaried individuals. The bank has set different eligibility requirements in applying for the loan offer. For locally-employed individuals, here are the qualifications that must be met to be eligible to apply for the loan offer:
- at least 21 years old at time of application but not more than 60 years old upon loan maturity
- a Filipino citizen or a foreigner who is a resident of the Philippines
- 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
- a regular employee
- earning a minimum gross fixed monthly income of at least Php 15,000
For self-employed individuals, here are the qualifications in applying for the BDO cash loan offer:
- at least 21 years old at time of application but not more than 60 years old upon loan maturity
- a Filipino citizen or a foreigner who is a resident of the Philippines
- earning a minimum gross fixed monthly income of at least Php 35,000
- 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
The approved loan amount may vary depending to the assessment of BDO Unibank. Meanwhile, the bank has generously cited the minimum and maximum loanable limits under the loan offer.
