List of BPI Personal Cash Loan Requirements Clients Must Submit to Apply
Here are the requirements in applying for the Personal Cash Loan offer of the Bank of the Philippine Islands or BPI.
Are you looking for an entity that can provide your with financial solutions for multiple purposes? The Personal Loan offer of the bank of the Philippine Islands may be the perfect answer for your needs.
The BP Personal Cash Loan offer is ready to assist clients in their needs of money for both small and big purposes. The loan offer is available nationwide through the over 850 branches of the bank.
One of the best features under the offer is that it has a short list of documents needed in applying for the loan offer. If you are employed, here are the BPI Personal Cash Loan requirements:
- valid Philippine government-issued ID bearing photo and signature
- latest three (3) months of payslip, OR latest Income Tax Return (ITR) BIR Form 2316, OR Certificate of Employment
If you are self-employed, there is a separate list of documentary requirements for application. Here are the BPI Personal Cash Loan requirements if you are self-employed:
- valid Philippine government-issued ID bearing photo and signature
- latest three (3) months of payslip OR latest Income Tax Return (ITR) BIR Form 2316
- Business Registration Certificate issued by DTI or SEC
To clear doubts on whether or not your ID is acceptable to the bank in applying for the loan, here is a list of valid IDs accepted by the lender:
- Passport
- Driver’s License
- Professional Regulatory Commission (PRC) ID
- Postal ID
- Voter’s ID
- Taxpayer Identification Number (TIN)
- Government Service Insurance Sysytem (GSIS) e-Card
- Social Security System (SSS) card
- Senior Citizen card
- Overseas Workers Welfare Administration (OWWA) ID
- Overseas Filipino Worker (OFW) ID
- Government office and Government-owned and Controlled
- Corporation (GOCC) ID
- ID issued by the National Council on Disability Affairs
- Integrated Bar of the Philippines (IBP) ID
- Company IDs issued by private entities or institutions registered with the Banko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC) or Insurance Commission (IC)
- PhilHealth Health Insurance Card ng Bayan
- National Bureau of Investigation (NBI) Clearance
- Police Clearance
- Barangay Certification
- Seaman’s Book
- Alien Certificate of Registration / Immigrant Certificate of Registration
- Department of Social Welfare and Development (DSWD) Certification
- Professional ID cards issued by Maritime Industry Authority (MARINA)
- PhilSys Digital ID
- Printed ePhilID
There is an easy process in applying for the loan offer of the Bank of the Philippine Islands. In fact, you may apply for the loan offer online.
Under the loan offer, both employed and self-employed may file for an application even without a collateral. You don’t need to have a car or a residential property to qualify for the loan offer and, if you have properties, they don’t have to be at stake because of your loan offer.
The Personal Loan offer covers purposes including home renovation, business, travel, education, and a lot more. The loan is payable in 12, 18, 24, 30, or 36 monthly installments.
