Guide on the Requirements for BPI Big Bike Loan 2023 Application Process
BPI BIG BIKE LOAN REQUIREMENTS 2025 – You can check here the documents that self-employed individuals are required in applying for the offer.
The Bank of the Philippine Islands did not only craft offers for employed or salaried individuals but as well as non-salaried ones. Are you a self-employed individual who wishes to have your dream big bike soon?
A big bike purchase requires a huge amount of money. The good news is that you do not need to wait for years so you can finally have a grip of your dream nor spend all your savings for that one-time cash purchase. BPI is ready to help you.
Aside from the BPI Motorcycle Loan and the BPI Auto Loan offers, the trusted banking entity also has the BPI Big Bike Loan that is ready to help you achieve your dream big bike. It boasts its offer with a reliable bank transaction, convenient payment, and easy loan application.
The Big Bike Loan offer of the bank is open for both employed and self-employed individuals. It is available in over 800 branches of the bank across the nation, thus, it is widely accessible.
Before you check out the BPI Big Bike Loan requirements for application, it is important to make sure that you are eligible to apply for the offer. Here are the qualifications set by the bank under the loan offer:
- 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
If you are a non-salaried individual who wants to apply for the loan offer, here is a guide on the BPI Big Bike Loan requirements for application:
For Self-Employed Applicants:
- duly-completed BPI Auto Loan Application Form
- two (2) valid Identitifcation Cards
- If married, both spouses must sign on the application form
- If with co-borrower or co-mortgagor, separate application form is needed
- DTI Registration or Mayor’s Permit
- Latest ITR with financial statements
- Working account (6mos) with authorization letter to verify
- Trade references with complete contact information
- Authorization letter to conduct trade verification
For Commission-Based Applicants:
- duly-completed BPI Auto Loan Application Form
- two (2) valid Identitifcation Cards
- If married, both spouses must sign on the application form
- If with co-borrower or co-mortgagor, separate application form is needed
- Latest ITR
- Certificate of employment stating commissions received prior year/months/period and Commisions Receivable, if any
- Bank statement where commision is credited, with authorization letter to verify
For Pensioner Applicants:
- duly-completed BPI Auto Loan Application Form
- two (2) valid Identitifcation Cards
- If married, both spouses must sign on the application form
- If with co-borrower or co-mortgagor, separate application form is needed
- Certificate of Pension, with authorization letter to verify
- Bank statements of pension account (3 months), with authorization letter to verify
For Applicants Practicing Professions with Own Business:
- duly-completed BPI Auto Loan Application Form
- two (2) valid Identitifcation Cards
- If married, both spouses must sign on the application form
- If with co-borrower or co-mortgagor, separate application form is needed
- Working account with authorization letter to verify
- Latest ITR with AFS
- List of major trade references with complete details
The Bank of the Philippine Islands loan offer is also open for foreigners who want to purchase a big bike under the loan offer. Here are the documents required by the bank among the foreigner applicants:
For Foreigner Applicants:
- duly-completed BPI Auto Loan Application Form
- two (2) valid Identitifcation Cards
- If married, both spouses must sign on the application form
- If with co-borrower or co-mortgagor, separate application form is needed
- Valid Visa or Alien Certificate of Registration (ACR)