Guide on Requirements for BPI Big Bike Loan Offer
REQUIREMENTS FOR BPI BIG BIKE LOAN – Here are the documents needed in applying for this Bank of the Philippine Islands (BPI) loan offer.
Have you heard about the Big Bike Loan offer of the Bank of the Philippine Islands (BPI)? The bank boasts its offer with easy and reliable application process as well as excellent loan features which you can check below.
The BPI Big Bike Loan offer is open for individuals who are 21 years old and above upon the loan application but not more than 65 years old upon the loan maturity. The applicant must be earning a minimum household income of Php 40,000.00.
How much you may borrow under the loan offer? To check the amount that the bank may lend you, feel free to visit – BPI Big Bike Loan: Minimum & Maximum Loanable Amounts under it.
The amount borrowed is payable from one (1) year up to three (3) years. You can have the payment under Automatic Debit Arrangement (ADA) so you won’t miss to pay your monthly due and incur penalties.
If you are employed, here are the requirements for BPI Big Bike Loan offer application:
- duly-accomplished BPI Loan Application Form
- two (2) valid identification cards
- both spouse should sign the application form if married
- separate form must be submitted if there is a co-borrower or co-mortgagor
- income documents:
- latest Income Tax Return (ITR) with financial statements
- DTI Registration or Mayor’s Permit
- Trade references with complete contact information
- working account (6mos) with authorization letter to verify
- authorization letter to conduct trade verification
Go to a branch of BPI and submit your documents to apply for the loan offer. The loan processing may take a few working days.
To check on the other loans offered by the bank, feel free to visit – BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI).
