List of BPI Cash Loan Requirements 2026 for Application
BPI CASH LOAN REQUIREMENTS 2026 – Locally-employed individuals who want to apply for the Bank of the Philippine Islands loan offer should submit the following.
In the Philippines, banks are among the entities that the people may turn in times of financial needs. Whether it is for a car purchase or meeting multiple cash needs, there are entities with the best offers for you. One of them is the Bank of the Philippine Islands.
More popularly called BPI, the banking entity is one of the trust and most reputable banks in the Philippines. It is operating in the country for several decades now helping people acquire their dream house, get their first car, expand their business, send their kids to college, etc.
With regards to the loan offers of the bank, aside from the BPI Passenger Car Loan, the bank also has the Personal Loan or the BPI cash loan offer. It is open for both salaried and non-salaried individuals but, in here, we will focus on the BPI cash loan requirements that locally-employed individuals must prepare to apply for the offer.
Before checking on the documents required by the bank for the loan application, it is important to first check the eligibility requirements. To qualify for the loan offer, an aspiring borrower should meet the following qualifications for application:
- a Filipino citizen
- 21 years old and above upon the loan application filing
- 60 years and below upon the date of the loan maturity
- proof of income:
- the loan applicant must have a minimum gross income of P20,000 per month.
There is a unique set of BPI cash loan requirements for the locally-employed individuals. If you wish to apply for the loan offer, you need to prepare the following documents and submit them to the bank nearest to you:
- duly-accomplished and signed BPI Personal Loan Application Form
- one (1) government-issued ID bearing photo of borrower
- three (3) months worth of pay slips in original copies
- latest Income Tax Return (BIR Form 2316)
You need to present an identification document in applying for the loan offer as a proof of identity. BPI has set a list of IDs that are accepted in applying for the loan as long as they are within their validity period:
- Passport
- Professional Regulatory Commission (PRC) ID
- Driver’s License
- Postal ID
- Voter’s ID
- Government Service Insurance Sysytem (GSIS) e-Card
- Taxpayer Identification Number (TIN)
- Social Security System (SSS) card
- Overseas Workers Welfare Administration (OWWA) ID
- Senior Citizen card
- Government office and Government-owned and Controlled
- Overseas Filipino Worker (OFW) ID
- ID issued by the National Council on Disability Affairs
- Corporation (GOCC) ID (e.g., Armed Forces of the Philippines (AFP), Home Development Mutual Fund (HDMF) IDs)
- Integrated Bar of the Philippines (IBP) ID
- PhilHealth Health Insurance Card ng Bayan
- Company IDs issued by private entities or institutions registered with or supervised or regulated either by the Banko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC) or Insurance Commission (IC)
- National Bureau of Investigation (NBI) Clearance
- Barangay Certification
- Police Clearance
- Alien Certificate of Registration / Immigrant Certificate of Registration (notapplicable for Housing Loan)
- PhilSys Digital ID
- Department of Social Welfare and Development (DSWD) Certification
- Seaman’s Book
- Printed ePhilID
- Professional ID cards issued by Maritime Industry Authority (MARINA)
Under the BPI Personal Loan offer, there are some charges that you should be aware of. Here are the fees that may apply to your loan:
- one-time processing fee — Php 1,500 (to be deducted from the loan proceeds)
- Documentary Stamps Tax — Php 1.50 for every Php 200.00 for loans above Php 250,000 or loans for business purposes
The Bank of the Philippine Islands also has BPI credit cards that you might like to apply for.