Guide on BPI Personal Cash Loan 2024 Offer & Application
BPI PERSONAL CASH LOAN 2024 – The Bank of the Philippine Islands has a multi-purpose cash loan offer that is ready to address different needs.
Banks are among the entities that people may turn in times of financial needs. There are countless loan offers that a qualified individual may apply for. In the country, one of the reputable banks that you may turn to is the Bank of the Philippine Islands.
The Bank of the Philippine Islands or more popularly called BPI is trusted by countless Filipinos across the globe. It has offers that are not only open for the salaried and non-salaried individuals but as well as overseas Filipino workers (OFWs).
BPI has several loan offers. One of the loans that you may apply for is the BPI Personal Cash Loan. It is a multi-purpose loan offer that you may apply for to address multiple needs including the following:
- making personal purchases
- traveling
- hosting an event
- minor business expansion
- paying the school fees
Under the loan offer, a client may borrow up to three (3) times of your gross monthly income. here are the loanable amounts under the BPI offer:
- Minimum Loanable Amount — Php 20,000
- Maximum Loanable Amount — Php 3 million
The loan is collateral-free. You may apply for the loan offer even without presenting a residential property or any valuable possession as the collateral for the loan. The loan is payable in 12, 18, 24, 30, or 36 monthly installments.
Under the loan, you may get a financial solution within 5 to 7 working days upon the receipt of the complete set of requirements for application. The loan offer is open for the employed and self-employed individuals, overseas Filipino workers (OFWs), and allottees.
The Bank of the Philippine Islands has set different requirements among the salaried and non-salaried individuals, the OFWs, and the allottees who want to apply for the loan offer. Here’s a guide: