Guide on BPI Cash Loan Requirements for the Application Process
BPI CASH LOAN REQUIREMENTS – Here is a list of the documents needed in applying for the cash loan offer of the Bank of the Philippine Islands.
Are you in need of some cash? You may turn to the Bank of the Philippine Islands. More commonly called BPI, it is one of the biggest and most trusted banks in the country. It has several offers for the public – accounts, credit cards, loans, investment products, etc.
With regards to its loan offers, one of them is the Personal Loan or the BPI Cash Loan offer. It has a high loanable amount of up to P2 million and flexible payment terms. You can check the BPI cash loan requirements below
The BPI Cash Loan requirements depend whether you are employed or self-employed. You can check the documents in applying for the loan offer of the bank.
For employed applicants of the loan offer, you need to prepare and submit the following documents to the bank for application:
- duly-accomplished BPI Personal Loan Application Form
- valid ID issued by the Philippine government (with photo and signature)
- latest three (3) months payslips or latest Income Tax Return (ITR) or Bureau of Internal Revenue (BIR) Form 2316
With regards to self-employed applicants of the BPI loan offer, prepare and submit the following documents for loan application:
- duly-accomplished BPI Personal Loan Application Form
- valid ID issued by the Philippine government (with photo and signature)
- 3 years of Audited Financial Statements (AFS) or latest ITR
- Business Registration Certificate issued by the Department of Trade and Industry (DTI) or the Securities Exchange Commission (SEC)
To apply, go to the branch of the Bank of the Philippine Islands (BPI) nearest to your office or home and submit your documents. The processing of your loan application may take a few working days.
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