Guide on BDO Cash Loan Loanable Amount & the Other Features
BDO CASH LOAN LOANABLE AMOUNTS – Here is a guide on how much you may borrow under the BDO Unibank loan offer.
Are you looking for a bank where you may apply for a multi-purpose cash loan? One of the trusted and most popular entities that you may turn to is BDO Unibank. It has been in the service of the Filipino people since 1968 as the Acme Savings Bank when it started.
The BDO Unibank is a member of the SM Group. It is not only one of the biggest banking entities in the Philippines as well as in SouthEast Asia. Its main branch is located in Mandaluyong but it has several branches across the nation thus its offers are really accessible.
With regards to the multi-purpose cash loan offer of the bank, it is the BDO Unibank Personal Loan. It is open for application for the financing of home improvements, minor business expansion, travel, special events, etc.
How much is the BDO cash loan loanable amount? Here is the range of the amounts allowed for borrowing under the offer:
- Minimum Loanable Amount — ₱10,000.00
- Maximum Loanable Amount — ₱2 Million
The BDO cash loan loanable amount is payable in 6, 12, 18, 24, or 36 monthly installments. The payment can be done through an Automatic Debit Arrangement (ADA) from BDO Savings/Current Account to avoid late-payment charges.
Actually, the BDO Personal Loan offer is open for renewal. Once you have paid at least six (6) monthly amortizations already and your loan account is in good credit handling, you may apply for the renewal of your loan.
In applying for the loan offer, there are BDO loan requirements that you must prepare and submit to the bank. The list of documents that must be submitted to the bank depends if you are employed or self-employed.
