• Interest Rate (p.a.)

    9.36% - 10.08%

  • Loan Tenure

    0.5 - 3 years

  • Approval Duration

    Within 1-2 working weeks

  • Min. monthly income

    ₱10,000

Loan calculator
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Monthly salaryRM0
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What's so great about BDO Asenso Kabayan Secured Personal Loan?
  • Loan as much as 90% of your peso deposit or 80% of your dollar deposit account balance.
  • Flexible terms from 6 months - 3 years

Product Features

Min. financing amount₱10,000
Max.financing amount Up to 90% of peso or 80% of dollar account balance
Min. loan tenure6 months
Max. loan tenure3 years
Interest rate0.84% per month
Approval durationWithin 1-2 working weeks
Debt consolidationNo

Fees & Charges

One time set up
Processing fee₱1,200
Stamp duty₱1.00 for every ₱200.00 of the loan amount if for business use. Otherwise, ₱1.00 for every ₱200.00 in excess of ₱250,000.00
Disbursement & misc. feeN/A
Penalties
Early settlementN/A
Late payment chargesN/A

Eligibility

Age requirementAge 25 - 65
Employment eligibilityMust be employed for at least 2 consecutive years
Min. salary requirement₱10,000 gross per month
Guarantor / Collateral requirementYes

Other Requirements

Need to open linked banked account?Yes

Product Review byiMoney

BDO Asenso Kabayan Secured Personal Loan FAQ

How much can I borrow?

With a BDO Asenso Kabayan Secured Personal Loan, borrow as much as 90% of your BDO peso or 80% of your BDO dollar account balance.

What are the BDO Asenso Kabayan Secured Personal Loan Requirements?

An applicant must fulfill BDO’s eligibility criteria for a loan:

  • At least 25 up to 65 years old upon loan maturity
  • Former Filipinos with or without dual citizenship, Filipinos married to foreigners, or Filipinos based abroad/OFW and their beneficiaries
  • Employed for at least 2 consecutive years and 3 years for domestic helpers; and
  • With a minimum income of at least ₱10,000 or its peso equivalent

OFW applicants are required to submit these documents to process the loan application::

  • Signed Automatic Debit Arrangement Form
  • Authorization Letter for Beneficiary sign by OFW
  • Beneficiary Information Form

*Additional documents may be required during credit evaluation.

How does the BDO Asenso Kabayan Secured Personal Loan Calculator work?

The BDO Asenso Kabayan Secured Personal Loan calculator computes the estimated cost of borrowing and amount of payment per instalment. Input the desired loan amount to automatically get the estimated monthly amortization for different tenors.


There are still available alternatives that you should also consider if you are looking for additional funding especially if you are an overseas Filipino worker based abroad. Here are a few choices that you should consider:

BPI Personal Loan Land-based OFW
  • If you are a land-based overseas Filipino worker, BPI offers a personal loan that should cater to your immediate cash needs. The BPI Personal loan for land-based OFWs is a collateral-free loan where you can borrow up to 3x your monthly income. With a wide range of loanable amounts starting from ₱20,000 up to ₱1,000,000, it presents flexible payment terms in 12, 18, 24, 30, or 36 months installment. There are also no pre-termination fees to worry about in case you decide to pay your loan before the maturity date.

  • BPI Personal Loan Seafarer OFW
  • For overseas Filipino workers who are sea-based, BPI has a personal loan that’s specifically designed for seafarers abroad. With BPI Personal Loan for Sea-based OFWs, you can quickly apply for a cash loan with amount up to ₱300,000. Approval is fast and easy with minimum requirements needed. There are also no pre-termination fees while you enjoy affordable monthly payments.

  • EastWest Bank Personal Loan
  • With a minimum gross income of just ₱15,000 per month, you are eligible to apply for an EastWest Bank Personal Loan. Borrow any amount from as low as ₱25,000 to ₱2,000,000 with affordable add-on interest rate of just 1.49% per month. Get approved in just 5 - 7 banking days on flexible payment terms with loan tenure from 1 year up to 3 years. Applicants should be at least 21 - 65 years of age.

  • There are a couple more options that you can take a look if these selections still doesn’t suit your needs. Check our list of personal loan lenders in the Philippines and find the right facilities that matches your requirements.