Guide on BPI Employee Salary Loan Application
BPI EMPLOYEE SALARY LOAN – Here’s a guide on how to apply for this loan offer of the Bank of the Philippine Islands for accredited employees.
A lot of companies and establishments in the Philippines now are accredited to certain banks and lending companies. The accreditation paves the way for more resources not only to the company or establishments but as well as the people belonging to it – like the employees.
One of the banks that offer accreditation to companies and establishments is the Bank of the Philippine Islands. More commonly called “BPI“, it is one of the trusted, biggest, and most popular banks in the country. It actually has a variety of offers, too.
You may turn to BPI for deposit accounts, loans, credit cards, and investment products. The bank also offers insurance policies through its partner companies.
With regards to the accreditation offers of BPI, a company or establishment may apply for accreditation so its employees would be eligible for the exclusive offers of the bank – like a salary loan.
Under the BPI Employee Salary Loan, the bank itself will process the loan and facilitate the management of the monthly payments. Do you want to know how much you may borrow under the said loan offer?
The loan terms offered by the bank include 12, 18, 24, 30, or 36 months. The bank assures a low monthly add-on rate. How to apply for BPI Employee Salary Loan? Here are the steps below:
- Inquire the HR of your company about your company’s accreditation to the Bank of the Philippine Islands (BPI).
- Prepare the requirements or documents needed in applying for the loan offer. Secure the following:
- Valid Philippine government-issued ID or company ID
- Latest payslips (past 3 months) or ITR (BIR Form 2316) or Certificate of Employment
- Duly accomplished and signed Salary Loan Application Form
- Submit the requirements to your HR Representative.
- Wait for the SMS notification from BPI regarding the status of your loan application.
You may also visit – BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI).
