Guide on BDO Cash Loan Requirements for Employed and Self-Employed Borrowers
BDO CASH LOAN – Here are the documents needed in the application for the personal loan offer of BDO Unibank.
There are some banks that you may turn to in the Philippines for personal loans or cash loan offers. One of these is BDO Unibank, one of the banking giants in the country and also one of the most popular and trusted banks in the country.
Who are qualified to apply for BDO Cash Loan? There are eligibility requirements in applying for the loan offer. To qualify for the application, the borrower must be:
- a Filipino
- at least 21 years old
- not more than 60 years old upon the maturity date of the loan
- on a regular employment status
- earning at least Php 15,000 per month if employed and at least Php 35,000 if self-employed
- having a landline number in your residence or workplace
- living or working in area where there is BDO branch
If you are employed, submit the following documents for application:
- duly-accomplished BDO Personal Loan Application Form
- one (1) valid ID
- photocopy of latest Income Tax Return (ITR) or BIR Form 2316 signed by an authorized representative of your employer
If you are self-employed, submit the following documents for application:
- duly-accomplished BDO Personal Loan Application Form
- one (1) valid ID
- photocopy of latest Income Tax Return (ITR) duly-stamped as received by the BIR or the Bureau of Internal Revenue
- Audited Financial Statements for the last two (2) years
- photocopy of Registration of Business Name
- If applying as single proprietorship, the business name registration must have been issued by the Department of Trade and Industry (DTI)
- If applying as a partnership, the business name registration must have been issued by the Securities and Exchange Commission
- latest three (3) months bank statement (optional)
Go to a branch of BDO Unibank and submit your documents for loan application. The loan processing may take a few working days.
You may also visit – SSS Salary Cash Loan: Here’s How Much You May Borrow under it
