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Approved loan amount of ₱20,000.00 up to ₱1,000,000.00.
Fixed add-on interest rate of 1.20% per month.
Payments are automatically debited from your BPI account
|Min. Financing Amount
|Max. Financing Amount
|Up to ₱1,000,000.00
|Min. Loan Tenure
|Max. Loan Tenure
|1.20% per month add-on
|Within 8-13 banking days
|One time set up
|₱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. fee
|Late Payment Charges
|5.00% per month on any balance outstanding
|Age 21 - 60
|At least ₱20,000.00 monthly income
|Min. salary requirement
|₱20,000 gross per month
|Guarantor / Collateral requirement
|Need to open linked bank account?
|Method of Payment - Monthly payments are automatically debited from the nominated BPI account
Bank of the Philippine Islands or BPI is the first bank not only in the Philippines but also in the Southeast Asian region having been founded back in 1851. It is one of the most profitable universal banks in the country, ranked second with regards to market capitalization and fourth in terms of asset size. With almost 2 centuries in service, it has built its brand as one of the most reputable, reliable, and trustworthy names in the banking and financial industry with over 900 branches and 300 ATMs in the Philippines, Hong Kong, and Europe. Having a wide range of specialized financial products and solutions from consumer banking and lending, to asset management and investment banking, BPI can cater both to retail and corporate clients nationwide. To service customers who are in immediate need of additional funds, the BPI Personal Loan is one of the top options in the market. With a wide range of loanable amounts starting as low as ₱20,000 up to ₱1,000,000, it can cover most of your funding needs. From the start of your application to disbursement of funds, it can take as fast as 5 to 7 banking days with flexible repayment terms as early as 1 year up to 3 years. The interest is 1.2% add-on rate per month. You can avail of this loan if you have a minimum gross income of ₱25,000 per month.
Advantages Of Applying With BPI Personal Loan
You can verify the product details and eligibility requirements on this page to check if it fulfills your checklist in getting a personal loan.
With a BPI Personal Loan, borrow as much as 3 times of your gross monthly income, with amounts ranging from ₱20,000 up to ₱1,000,000, subject to approval.
BPI Personal Loan amount is typically three times your salary.
The BPI Personal Loan is a non-collateral personal loan. No-collateral or even a credit card is required.
The BPI 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.
An applicant must fulfill BPI’s eligibility criteria for a loan:
In general, the following documents are necessary: An income document such as your payslip or ITR, proof of address such as your bank statement or utility bills, and 2 or 3 valid IDs. Futhermore, you will also have to prepare for the following documents:
Fully Employed applicants need:
Self-Employed applicants need:
Overseas Filipino Workers (OFWs) will need:
For Filipino workers based overseas who are interested in getting a BPI Personal Loan, BPI offers two options that are specific to both sea and land-based OFWs. Get more info about BPI Land-based OFW Personal Loan and BPI Seafarer Loan, their requirements, terms and conditions, and apply for the one best suited to your needs.
*Additional documents may be required during credit evaluation.
You can apply for their loan even if you don't have an existing BPI account. You will need to have a good financial record with your other banks to increase your chances.
You can get updates on your loan application by sending an SMS to the mobile number provided in your application. You can also inquire over the phone for more updates by calling 8891-0000.
The BPI Personal loan will automatically debit your repayment from your BPI savings account.
Should you fail to pay on time, you unpaid amount will be charged with a 5% penalty fee.
You can settle your loan early but you will still be required to pay the entire interest for your chosen payment term.
You can only apply for one BPI personal loan.
You can renew your BPI Personal Loan account given that you managed to complete a loan cycle successfully. The renewal process will be treated as a new loan application, wherein you will have to go through the same process as before. BPI does not have auto renewal for their Personal Loan.
For the terms and conditions, you can read it directly from their website.
If a high standard of service is what you are looking for in a partner financial services provider, then BPI should be on top of your list. With years of experience and a reputation of providing quality customer service, there is no doubt that BPI can deliver top notch reliability in providing outstanding financial products and services towards all of their customers. Aside from their wide range of offerings, finding a branch near you will not be a problem with their nationwide coverage along with their online and mobile facilities, all of your transactions can be easily and conveniently performed. Aside from the aforementioned details of the BPI Personal Loan, if the previous qualities mentioned are what you are looking for, then having BPI as your preferred financial provider is the right match for your needs.
Get easy financing options with Eastwest Bank Personal Loan as you enjoy low rates and flexible payment terms. Loan a minimum amount of ₱25,000 to as high as ₱2,000,000 with just ₱15,000 minimum gross monthly income requirement. You can pay the loan as early as 12 months and up to a maximum tenure of 3 years. You also enjoy a minimum contractual interest rate of 31.51% per annum and 1.49% monthly add-on rate.
Maybank Enable Personal Loan offers one of the more enticing packages in the market today. You can borrow any amount from ₱50,000 to ₱1,000,000 at a low interest rate of 13.2% per annum for a maximum tenure of 3 years. Minimum income requirement is also set at just ₱18,000 per month.
With one of the most well renowned banks in the world, getting a Citi Personal Loan has never been as quick and easy as before. Get approved in as fast as 24 hours with a long loan tenure of up to 5 years. Borrow any amount from ₱20,000 up to ₱2,000,000 with interest rate as low as 15.16% per annum. You also enjoy low income requirement of just ₱21,000 a month.
If you still haven't found what you're looking for, you can check out the other Personal Loans present on our website and review which one matches your requirements.