List of the BDO Loan Fees Applicants Should Be Prepared Of
BDO LOAN FEES – Here is a guide on how much you must prepare in applying for any of the loans offered by BDO Unibank.
One of the giant banking companies in the Philippines, BDO Unibank, has a lot of excellent offers to the public. Among it are the cash assistance offers for certain purposes in the form of BDO Loan offers.
BDO got a lot of loan offers such as the BDO Personal Loan, Home Loan, Business Loan, and Auto Loan. Each of them serve specific purposes except for the personal loan offer.
The personal loan offer is set to cover a wide variety of purposes including the personal goals of the applicant. You may apply for it to purchase an appliance or gadget, to fund a travel abroad, to fund a celebration, etc.
In applying for a loan, an applicant must also prepare some money for the fees and charges that are related to the loan application.
One of the best things about BDO Unibank is that it has posted the BDO loan fees on its official website for a guide of the public. In that way, applicants can prepare some amount for certain processing.
According to the bank, here are some details on how much you should prepare for the BDO loan fees:
BDO Home Loan
- Appraisal fee for applications with collateral located within 30km radius from any BDO branch – Php 5,000.00
- Appraisal fee for applications with collateral located outside 30km radius from any BDO branch – Php 5,500.00)
BDO Business Loan
- Appraisal fee – Php 5,000.00 (if the collateral is located inside the 30km radius from any bank branch)
- Appraisal fee – Php 5,500.00 (if the collateral is located outside the 30km radius from any bank branch)
BDO Auto Loan
- Chatel Mortgage Fees – 2-3% of your loan amount
- Motor Insurance Premium fees depending on the type and purchase price of your vehicle
- Comprehensive Third Party Liability (TPL) Insurance – Php 700.00 per year
For the personal loan, BDO has not posted details if there are fees that applicants should be prepared. The bank has other personal loan offers – BDO PERSONAL LOANS: List of Personal Loans Under BDO Kabayan Program.
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