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BDO LOAN APPLICATION – Other Forms You Might Need in Applying for Loan

Guide on the Other BDO Loan Application Forms Borrowers May Need in Applying

BDO LOAN APPLICATION – Here is a guide on the other application forms that you might need in applying for a loan to BDO Unibank.

Nowadays, reaching your personal goals which may require a huge amount of money is easier done. Undeniably, it is because there are a lot of banking firms and lending companies that make it possible through their cash assistance offers. One of these banks is BDO Unibank.

BDO Unibank offers several loans to the public. If you are into a multi-purpose one as you won’t be buying a house or a car, you may go for the BDO Personal Loans. It has offers for both locally-employed and overseas Filipino workers.

If you are an OFW, you may consider the BDO Kabayan Program. You may go for the unsecured or secured loan offer depending on your choice. The former is a non-collateral loan while the latter requires a property to be used a collateral for the loan.

BDO Loan Application

Based on the official website of BDO Unibank, the BDO Kabayan Personal Loan-Unsecured is for the OFWs who have fixed income. The BDO Kabayan Personal Loan-Secured is “offered against hold-out on Joint or Individual account deposits maintained with BDO as security”.

With regards to the loanable amounts under the Kabayan loan offers, an applicant may borrow at least Php 10,000.00. The maximum loanable amount under the Secured Loan offer would depend on the account the borrower has with the bank.

  • Minimum Loanable Amount – Php 10,000.00
  • Secured Loan Maximum Loanable Amount
    • For Peso Account Holders – Up to 90% of the deposit account balance
    • For Dollar Account Holders – Up to 80% of the deposit account balance

The BDO loan application under the Kabayan Program may require a different set of requirements from the borrowers. You might be asked of any of the following:

  • Application Form
  • Deed of Assignment Form
  • Special Power of Attorney
  • Auto-Debit Arrangement Form
  • Beneficiary Information Form

Do you want to download the BDO loan application forms you might need in applying? You may visit this specific page of the official website of the bank – https://www.bdo.com.ph/personal/loans/personal-loan.

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

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