Personal Loan
HOW TO APPLY
BDO Personal Loan
Eligibility Requirements
• Must be 21 years old at time of application but not more than 70 years old upon loan maturity
• Applicant must be a Filipino citizen or a foreigner who is a resident of the Philippines
• Minimum Gross Fixed Annual Income Requirement:
◦ P180,000 for Salaried Employees
◦ P400,000 for Self-Employed / Professionals
• Regular employee or self-employed with business operating at least two (2) years
• One (1) landline number in either residence or place of work, or mobile number (postpaid or prepaid)
• Residence or office address must be within any area where a BDO branch is located
BDO Kabayan Program
1. Overseas Filipino Worker (OFW)
Eligibility Requirements
• At least 25 years old at the time of loan application and not more than 65 years old at the time of loan maturity
• Former Filipinos with or without dual citizenship; Filipinos married to foreigners; Filipinos based abroad/OFW and their Beneficiaries
• Must have at least two (2) years continuous employment contract
• Must have at least one (1) landline phone at either residence or employment/business
• Gross monthly income must be at least P20,000 or its US$ equivalent
• With good credit history
Beneficiary Requirements
(Required only if proceeds will be released to any person other than the applicant him/herself)
• Must have a landline
• Limited to the following: spouse or children, immediate family members (parents or siblings), relatives of up to 3rd degree of consanguinity
• Beneficiary must be residing/working within BDO serviceable areas (30km radius from any BDO branch)
Processing Guidelines
• Employment verification with employer will be done via callout or email
2. Seaman/ Domestic Helpers
Eligibility Requirements
• At least 25 years old at the time of loan application and not more than 65 years old at the time of loan maturity
• Must be Filipino citizen
• Must have at least 3 years continuous employment contract
• Must have at least 1 landline phone at either residence or employment/business
• Gross monthly income must be at least P20,000 or its US$ equivalent
• With good credit standing
Beneficiary Requirements
(Required only if proceeds will be released to any person other than the applicant him/herself)
• Must have a landline
• Limited to the following: spouse or children, immediate family members (parents or siblings), relatives of up to 3rd degree of consanguinity
• Beneficiary must be residing/working within BDO serviceable areas (30km radius from any BDO branch)
Processing Guidelines
• Check Manning Agency vs. POEA Manning Agency List
• Employment verification with Manning Agency
BDO Personal Loan & Kabayan Program
Basic Document Requirements
Pre-Approval
Proof of Income for Salaried Employees
• Photocopy of the latest Income Tax Return duly stamped as received by the Bureau of Internal Revenue (BIR) or BIR Form 2316 signed by employer's authorized representative (MANDATORY)
• Plus any of the following: Latest full-month's payslip/s ; Original Certificate of Employment indicating status, service tenure and compensation breakdown
Proof of Income for Self-Employed/Professionals
• Photocopy of the latest Income Tax Return duly stamped as received by the Bureau of Internal Revenue (BIR) and Audited Financial Statements for the last two (2) years (MANDATORY)
• Photocopy of Registration of Business Name (MANDATORY)
◦ For Single Proprietorship: issued by the Department of Trade and Industry (DTI)
◦ For Partnerships: issued by the Securities and Exchange Commission (SEC)
• Latest three (3) months' bank statement (OPTIONAL)
Proof of Identification
Photocopy of at least two (2) valid photo-bearing identification documents, front and back, issued and signed by an official authority such as:
• Passport
• Driver's License
• Unified Multi-Purpose ID (UMID)
• Professional Regulations Commission (PRC) ID
• National Bureau of Investigation (NBI) Clearance
• Police Clearance
• Postal ID
• Voter's ID
• Barangay Certification
• Government Service Insurance System (GSIS) E-card
• Social Security System (SSS) Card
• Senior Citizen Card
• Overseas Workers Welfare Administration (OWWA) ID
• OFW ID
• Seaman's Book
• Alien Certification of Registration/Immigrant Certificate of Registration
• Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
• Department of Social Welfare and Development Certification (DSWDC)
• Integrated Bar of the Philippines ID
• Company ID's issued by private entities or institutions registered or supervised either by BSP, SEC or IC.
For Resident Foreigners Only
• Copy of Employment Contract or Certificate of Employment
• Letter from the Embassy (if Embassy Official)
• Any one of the following valid documents: Valid VISA and work permit; Alien Certificate of Registration (ACR) or Immigrant Certificate of Registration (ICR) or ACR-I; or Valid passport with any of the following: Special Investors Resident VISA, Special Non-Immigrant VISA for PEZA investors and employees, VISA with EO266
Additional document requirements for BDO Kabayan Program
• Signed Automatic Debit Arrangement Form
• Authorization Letter for Beneficiary signed by OFW
• Beneficiary Information Form
BDO Personal Loan & Kabayan Program
• Submit your application at any of our BDO branch nationwide
• For our Kabayans working abroad, you may use the BDO Kabayan Application forms by clicking the following links:
◦ BDO Kabayan – Secured
▪ Application Form
▪ Deed of Assignment Form
▪ Automatic Debit Arrangement Form
▪ Beneficiary Information Form
◦ BDO Kabayan – Unsecured
▪ Application Form
▪ Authorization Form
▪ Automatic Debit Arrangement Form
▪ Beneficiary Information Form
Apply Now
For Inquiries
Call BDO Customer Center at +63 2 8631-8000