Guide on BPI Big Bike Loan Application Process & Requirements
BPI BIG BIKE LOAN – Here is a guide on how to apply for this loan offer and the requirements that must be submitted.
Are you looking for an entity that offers a loan that can finance the purchase of a big bike? The Bank of the Philippine Islands (BPI) is one of the banks that you may turn to. You can check the details below.
The BPI Big Bike Loan offer is easy to apply for and you can repay the loan for up to three (3) years. Do you want to know how much you may borrow under this loan offer? To check the loanable amount, you may visit – BPI Big Bike Loan: Minimum & Maximum Loanable Amounts under it.
Here’s how to apply for BPI Big Bike Loan:
Step 1 – Check the qualifications. To be eligible to apply for the Big Bike Loan offer of the Bank of the Philippine Islands, the borrower must be:
- at least 21 years old upon the loan application but 65 years old and below upon the end of the loan term
- earning a minimum household income of Php 40,000.00
Step 2 – Prepare the requirements. There are documents that are needed in applying for this loan offer. Make sure to prepare the following for submission:
- duly-accomplished and signed BPI Loan Application Form
- two (2) valid identification cards
- proof of income depending on application’s source of income
According to BPI, if the applicant is married, both spouses should sign the BPI Loan Application Form. In case there is a co-borrower or co-mortgagor, there must be a separate form.
Step 3 – Submit your requirements. Go to a branch of BPI where you wish to make your application and submit your documents. The loan processing may take a few working days.
The bank has several other loan offers. To check on the other offers, you may visit – BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI).
