Guide on BPI Loan Application Process for Cash Salary Loan
BPI LOAN APPLICATION PROCESS – Here is a guide on how to apply for the cash salary loan offer of the Bank of the Philippine Islands.
The Bank of the Philippine Islands (BPI) is one of those that you can turn to for loans. It has several loan offers to the public including a personal cash loan or a salary loan. It is open for both employed and self-employed applicants.
Do you want to know how much you may borrow under the salary loan offer of BPI? You may visit – BPI Salary Loan: Minimum & Maximum Loanable Amounts. The approved loan amount is based on the evaluation result of the bank.
BPI Loan Application Process
Step 1 – Check if you are qualified to apply for this BPI loan offer. For the qualifications, you may visit – BPI Cash Loan: Who Are Qualified to Apply for this Loan Offer.
Step 2 – Prepare the requirements. There are documents that you must submit to BPI in applying for the loan offer. Your documents or requirements will be used by the bank in assessing your capacity for a loan. All applications are subject to bank’s approval. See the list of requirements below:
- If employed:
- Valid Philippine government-issued, photo-bearing ID with signature
- Latest 3 months payslips, or latest Income Tax Return (ITR) BIR Form 2316
- If self-employed:
- Valid Philippine government-issued, photo-bearing ID with signature
- Audited Financial Statements (3 years), or latest Income Tax Return
- DTI/SEC Business Registration Certificate
Step 3 – Submit your requirements to a branch of BPI nearest to you. The bank’s evaluation of your loan application may take a few days. Wait for the call from the bank or you may also follow-up your loan application status. You may visit – BPI Loan Status: How To Monitor Your Loan Application Status.
can i loan a house constrution loan the amount of 350k,
may house already build but stop of contruction because of lot of buget.
what is the possible requirements prepair.thanks and regards