Guide on BDO Multipurpose Loan Interest Rate 2026 Aspiring Applicants Should Know Before Applying
BDO MULTIPURPOSE LOAN INTEREST RATE 2026 – Here are the details about the interest rates and the other important information about the offer.
You might be excited now to achieve your other goals in life through the ones you have already achieved. And, yes, with BDO Unibank, it is really possible. You can use your existing property as the collateral in achieving other goals in life. Have you heard about the Multipurpose Loan offer of the bank?
The BDO Multipurpose Loan offer is a flexible loan that can provide eligible borrowers with an access to funds either through a Term Loan or a credit line that can be renewed. You can use your property as the collateral in applying for the loan offer. Thus, if you already have a property, you have two (2) options if you wish to buy another one — either through the BDO Housing Loan offer or through the Multipurpose Loan.
How much is the BDO Multipurpose Loan interest rate and are there other fees under the offer? If this question has crossed your mind before you apply to any loan, great, it’s a sign of being a responsible borrower. You can check the important details about the offer below.
The BDO Multipurpose Loan interest rate depends if the account is still within its fixing period or not anymore. The bank has provided a wide range of options with regards 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% |
According to the bank, the BDO Multi-Purpose Loan interest rate will be repriced annually after the initial fixing period. There are some fees that you should know, too, before applying for the loan offer. Here’s a guide on these possible charges:
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
BDO Unibank has set varying processing fees under its Multipurpose Loan offer. The costs depends if you will have a Term Loan, 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
For the requirements for application, here is a guide on the documents required by the bank: