Guide on BDO Cash Loan Loanable Amounts
BDO CASH LOAN – Here is a guide on how much you may borrow under the Personal Loan offer of BDO Unibank and the requirements in applying for the loan offer.
Are you looking for an entity where you may apply for a cash loan offer? You may turn to BDO Unibank which is one of the biggest banks and also one of the most well-known firms in the country.
Under the BDO Cash Loan offer, you may borrow up to P2 million. To qualify, the borrower must be at least 21 years old upon the loan application but not more than 60 years old upon the end of the loan term. If you are employed, you must be earning at least P15,000.00. If self-employed, the required minimum income is P35,000.00.
The requirements in applying for the loan offer depends if you are employed or self-employed as BDO Unibank has set different lists of requirements among the loan applicants. If you are employed, here are the documents needed in applying for the loan offer:
- 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, here are the documents needed in applying for the BDO Unibank loan offer:
- 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
- latest three (3) months bank statement (optional)
- 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
To apply, go to a branch of BDO Unibank nearest to your house or workplace. All loan applications are subject to the approval of the bank and the loan processing may take a few working days.
You may also visit – Maybank Cash Loan: Here’s How Much You May Borrow Under this Loan Offer
