Planning to Apply for BDO Personal Loan? Here’s A Guide on How Much is the Required Annual Income
APPLY BDO PERSONAL LOAN – Here is a guide on how much is the required annual income in applying for BDO Unibank’s Personal Loan offer.
Are you also one of those people who struggle in making ends meet or want to achieve a personal goal but your funds is very limited? You may check on cash assistance offers to make it happen. A lot of banks now provide personal loans to the public and one of them is BDO Unibank.
Undeniably, BDO Unibank is a trusted bank in the Philippines. This giant banking firm has been on the field of finance for decades and hooked a lot of clients because of its variety of excellent offers. Among their services are cash assistance provided through loans.
For a multi-purpose loan offer, you may apply for BDO Personal Loan. It can assist you in several purposes including the following:
- paying for the school tuition fees
- funding a home renovation
- travel
- paying for the utility bills
- funding special events
- making a big purchase such as appliances or electronic gadgets
- paying for the hospital bills
The application for BDO Personal Loan is open for both employed and self-employed individuals. There are eligibility qualifications that an applicant must pass and as well as documentary requirements to comply.
Based on the official website of BDO Unibank, to apply for BDO Personal Loan, the applicant must comply with the required monthly income. It will depend on his or her employment status.
- For Salaried Employees – Php 120,000.00
- For Self-Employed Applicants – Php 400,000.00
- For Professionals – Php 400,000.00
Aside from the required income, the applicant must be a Filipino citizen or a foreigner residing in the country for at least two(2) years now and at least 21 years old. He or she must not exceed 70 years old on the day that the loan will end.
For the amount that you may borrow, it will depend on the approval of the bank. Meanwhile, you may visit this page for an idea on the minimum and maximum loanable amounts under the Personal Loan offer – BDO LOANS: Loanable Amounts For Personal Loan & Home Loan.
Do you want to go for the BDO Personal Loan offer? For a guide on the procedure and the requirements you must prepare, BDO PERSONAL LOAN: How To Apply For Personal Loan To Banco de Oro.
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
