Lists of BPI Cash Loan Requirements for Application
BPI CASH LOAN REQUIREMENTS – Here are the documents that a client must prepare and submit to apply for the loan offer.
Have you heard about the cash loan offer of the Bank of the Philippine Islands? You might be interested to apply for it for whatever purpose you wish to use the money for.
BPI is one of the most trusted banks in the country. It is also a giant in terms of the assets and it has several branches across the nation which delivers its services to the public. With regards to its cash loan offer, it is open for individuals who meet the following qualifications set by the bank for eligibility to the loan offer:
- of legal age
- living or working in an area that is within the service region of BPI
- employed or self-employed with a stable income
Aside from the BPI cash loan requirements in terms of the eligibility for application, there is also a set of documents that the bank requires for application. The list depends if you are employed, self-employed, or an allottee.
If you are employed, here are the documents required by BPI in applying for the loan offer:
- duly-accomplished BPI Personal Loan Application Form
- valid ID issued by the Philippine government (with photo and signature)
- latest three (3) months payslips or latest Income Tax Return (ITR) or Bureau of Internal Revenue (BIR) Form 2316
If you are an allottee or your main source of income is from a regular remittance abroad, here are the documents that you need to prepare and submit to the bank in applying for the loan offer:
- Proof of remittance or latest bank statement where remittance is credited
- Latest and unexpired POEA validated information sheet or latest Employment Contract or consularized COE (If remitter is permanent resident in the country)
For self-employed individuals, here are the BPI cash loan requirements that must be submitted for the application:
- duly-accomplished BPI Personal Loan Application Form
- valid ID issued by the Philippine government (with photo and signature)
- 3 years of Audited Financial Statements (AFS) or latest ITR
- Business Registration Certificate issued by the Department of Trade and Industry (DTI) or the Securities Exchange Commission (SEC)
If you want to ensure a smooth application to the cash loan offer of the Bank of the Philippine Islands, it will be best to follow the application steps. It may also help to check on the modes of application to determins which is most convenient for you.
