Lists of BDO Personal Loans Interest Rates Implemented by the Bank
BDO PERSONAL LOANS INTEREST RATES – Here are the lists of the interest rates implemented under the BDO Unibank’s personal loan offers.
BDO Unibank is one of the banks in the Philippines with several personal loan offers for the public. It got a personal loan, a BDO Kabayan Program-Unsecured loan, and a BDO Kabayan Program-Secured loan. Each of it is a multi-purpose loan.
BDO Personal Loans Interest Rates, Purposes, & Other Features
BDO Personal Loan
The BDO Personal Loan can assist you financially in your home renovation, making a big purchase, paying for the utility bills, funding an event, etc. It is open for a person who is not less than 21 years old, employed or self-employed.
With regards to the loanable amounts under this loan offer, Cashmart cited that you can borrow as much Php 1-million. The minimum loanable amount is at Php 10,000.00.
- Minimum Loanable Amount – Php 10,000.000
- Maximum Loanable Amount – Php 1,000,000.00
For the interest rates implemented under this BDO loan offer, here is a list based on tenor or term of payment:
6 Months
- Factor Rate: 0.179667192%
Monthly Add-on Rate: 1.30%
Effective Rate/Annum: 26.27%
12 Months
- Factor Rate: 0.095836960%
Monthly Add-on Rate: 1.25%
Effective Rate/Annum: 26.63%
18 Months
- Factor Rate: 0.068058532
Monthly Add-on Rate: 1.25%
Effective Rate/Annum: 26.76%
24 Months
- Factor Rate: 0.054167533
Monthly Add-on Rate: 1.25%
Effective Rate/Annum: 26.58%
36 Months
- Factor Rate: 0.040279967
Monthly Add-on Rate: 1.25%
Effective Rate/Annum: 25.98%
For a guide and the requirements in applying, you may visit – BDO PERSONAL LOAN: How To Apply For Personal Loan To Banco de Oro.
BDO Kabayan Program-Unsecured
The Kabayan Program offers two(2) loans for the overseas Filipino workers (OFWs). One of them is the unsecured loan offer which does not require a collateral. With regards to the interest rates under this loan offer, here is a list based on tenor:
6 Months
- Factor Rate: 0.186667698
Monthly Add-on Rate: 2%
Effective Rate/Annum: 40.05%
12 Months
- Factor Rate: 0.103336822
Monthly Add-on Rate: 2%
Effective Rate/Annum: 41.71%
18 Months
- Factor Rate: 0.075560430
Monthly Add-on Rate: 2%
Effective Rate/Annum: 41.51%
24 Months
- Factor Rate: 0.061669382
Monthly Add-on Rate: 2%
Effective Rate/Annum: 40.89%
36 Months
- Factor Rate: 0.047778078
Monthly Add-on Rate: 2%
Effective Rate/Annum: 39.43%
BDO Kabayan Program-Secured
The BDO Kabayan Program-Secured which is a collateral loan is open for those “against hold-out on Joint or Individual account deposits maintained with BDO as security”. Here are its interest rates:
6 Months
- Factor Rate: 0.175067218
Monthly Add-on Rate: 0.84%
Effective Rate/Annum: 17.08%
12 Months
- Factor Rate: 0.091237975
Monthly Add-on Rate: 0.79%
Effective Rate/Annum: 17.07%
18 Months
- Factor Rate: 0.063358579
Monthly Add-on Rate: 0.78%
Effective Rate/Annum: 17.06%
24 Months
- Factor Rate: 0.049471099
Monthly Add-on Rate: 0.78%
Effective Rate/Annum: 17.06%
36 Months
- Factor Rate: 0.035682596
Monthly Add-on Rate: 0.79%
Effective Rate/Annum: 17.06%
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: BDO UNIBANK LOANS – Full List of BDO Personal & Business Loan Offers