Guide on BPI Big Bike Loan 2023 Application Process
BPI BIG BIKE LOAN 2023 – Detailed below is a guide on how to apply for the offer of the Bank of the Philippine Islands and the requirements in applying for the offer.
Are you one of the people who are eyeing to get a big bike soon? There are loan offers from trusted entities that can help you achieve the target. One of these entities is the Bank of the Philippine Islands or BPI.
BPI is one of the most popular and trusted banks in the country. It actually has several loan offers that includes BPI Auto Loan, BPI Personal Cash Loan, and BPI Salary Loan 2023. With regards to the BPI Big Bike Loan offer, it is also available in over 800 branches of the bank.
The loanable amounts under the BPI Big Bike Loan offer are dependent on certain factors but the bank has generously posted the range. A minimum unit price of Php 200,000 is observed by the bank. The loan is payable from one (1) year up to three (3) years.
With regards to the BPI Big Bike Loan Interest Rate, it is dependent on the chosen loan term. There is an easy process on how to apply for the loan offer:
Step 1 — Who Are Qualified. To be eligible to apply for the loan offer, the borrower must meet the following qualifications set by the bank:
- at least 21 years old upon the loan application
- not more than 65 years old upon the loan maturity
- earning a minimum household income of Php 40,000
Step 2 — Prepare the Requirements. Make sure to prepare all the documentary requirements for the BPI Big Bike Loan application.
Step 3 — Go to any BPI branch. Visit a branch of the Bank of the Philippine Islands nearest to your workplace or residence and submit your documents.
Step 4 — Wait for an update from BPI. The bank will review and process your loan application. Wait for an SMS notification regarding the result of your loan application. Once approved, you will be asked to visit a BPI branch or a Loans Business Center for the signing of the loan contract.