Guide on BPI Personal Loan Qualifications for Application
BPI PERSONAL LOAN – Here is a guide on whether or not a foreigner can apply for the personal loan offer of the Bank of the Philippine Islands.
Most banks got personal or cash loan offers. It is a multi-purpose loan in which people who are in need of money for travel, to fund an education, to make a big purchase, for car repair, etc. may apply for.
The Bank of the Philippine Islands or more commonly called as BPI is one of those with the said loan offer. It is open not only for existing clients of the bank but even for those who have no existing bank accounts with BPI.
With regards to the BPI Personal Loan offer, it can be applied for as an individual or as a corporate. In the case of individual applications, to be eligible to apply for this loan offer, the applicant must be:
- at least 21 years old upon the loan application
- not more than 60 years old upon the loan maturity
- working or residing within 30 kilometers from the nearest branch of BPI
With regards to the qualifications on citizenship, the BPI Personal Loan is only open for Filipinos and dual-citizenship individuals who were naturally born as Filipinos and reside in the Philippines.
Do you want to know how much you can borrow under this loan offer? Feel free to visit – BPI CASH LOAN – How Much You Can Borrow Under BPI Personal Loan.
You can start your application even without heading to a BPI branch for the form. To obtain a copy of the application form, feel free to visit – BPI Loan Online Application Form.
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READ ALSO: BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI)