Guide on BDO Multi-Purpose Loan Interest Rate 2025 & Other Charges
BDO MULTI-PURPOSE LOAN INTEREST RATE 2025 – Here are some of the important details you must know including the loan fees.
You are probably in the midst of a decision-making right now on whether or not you will push through with the loan application for an access to funds. Before making any decision, it is important to know the interest and charges that may apply to the loan.
You’ve probably already checked the loanable amount under the BDO Multi-Purpose Loan offer. This time, it is important to know the options with regards to repaying the amount you will borrow as well as the variation in the interest rates which can be found below.
According to the bank, the BDO Multi-Purpose Loan interest rate may vary when the loan account is still within its fixing period compared to after the said period. There are five (5) options as to the fixing period:
| Fixing Period | Interest Rate |
| 1 year | 7.00% |
| 2 years | 7.50% |
| 3 years | 7.50% |
| 4 years | 8.00% |
| 5 years | 8.00% |
With regards to the BDO Multi-Purpose Loan interest rate after the initial fixing period, it will be repriced annually. Aside from the interest rate, it is important to know the other fees that may be applied on your loan:
Pre-approval Fees
Appraisal Fee (per title)
- If collateral offered is within 30km. radius from any BDO branch – ₱5,000
- If collateral offered is outside 30km. radius from any BDO branch – ₱5,500
Post-approval Fees
- Handling fee – ₱5,000
- Notarization Fee – ₱500 per document
- Collateral Registration fee – Based on the approved loan amount and standard Registry of Deeds (RD) fees.
- Documentary Stamp Tax – ₱1.50 for every ₱200 of the approved loan amount
- Credit Life Insurance (CLI):
- ₱4.75 for every ₱1,000 of the approved loan amount (assuming standard rate for borrowers up to 49 years old)
- ₱6.50 for every ₱1,000 of the approved loan amount (assuming standard rate for borrowers ages 50 to 69 years old)
- Fire Insurance (FI) Premium – Based on the appraised value of the improvement on the property submitted as collateral
- Contractors All Risk Insurance (CARI) – Applicable to Term Loan (Construction). Based on the evaluated Bill of Materials of the property for construction.
- Annual Commitment Fee (for Ready Check credit line facility)
- ₱30,000 for up to ₱5M line amount
- ½ of 1% of line amount for ₱30,000 whichever is lower for line amount above 5M to 20M
- ½ of 1% of line amount for ₱50,000 whichever is lower for line amount above 20M
- Checkbook Requisition Fee (for Ready Check credit line facility) – ₱500 per booklet
According to BDO Unibank, it is also important to prepare for the processing fees. It depends if you want a Term Loan and a Ready Check credit line facility or a Term Loan alone.
- For Term Loan only – ₱5,000 will be collected for the cancellation of approved loan
- For Term Loan and Ready Check credit line facility – ₱3,500 will be collected in case of full payment of loan before its maturity date
Are you interested to apply for the loan offer of BDO Unibank? The documents that you will need may vary depending on your source of income.