Guide on Finishing the BPI Cash Loan Earlier than Loan’s Maturity
BPI CASH LOAN – Here is a guide on whether or not there is a pre-termination fee if you will pay your loan earlier than the maturity date.
Several banks and lending companies are offering cash loans to the public. One of these banks is the Bank of the Philippine Islands or more commonly called as BPI.
BPI actually have multiple loan offers – a personal loan, an auto loan, and a home loan. The private bank which is one of the top and most popular banks in the Philippines also have business loan offers.
If you are in need of some extra money to fund a project or achieve a long-time goal, you may turn to the personal loan offer of BPI. It is a multi-purpose loan offer.
The BPI Cash Loan offer is a collateral-free loan – meaning you don’t need to present a property or any thing as collateral for the loan. Do you want to know who are eligible to apply for this loan offer and how much you can borrow under it?
You can repay the loan in 12, 18, 24, 30, or up to 36 months depending on how you wanted it subject to the approval of the bank. The banks offers the lowest interest rates and you can pay as low as Php 796.00 monthly.
In case of terminating your BPI Cash Loan before the maturity date, according to the bank, there is no pre-termination fee. You can really finish your loan early should you want to without worrying for additional costs.
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