Average personal loan ₱50,000 to be repaid in 12 months

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BPI Personal Loan

Plan for today, tomorrow, and the future when you apply for a BPI Personal Loan online. Borrow up to three times your gross monthly income and pay it back in flexible monthly installments.

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BPI Personal Loan

Monthly repayment ₱

Monthly add-on interest rate

Total repayment

₱

Total interest

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Rates and Fees :

Documentary Stamp Tax: ₱ 1.50
Processing Fee: ₱ 1500

Credit Card Requirement :

Credit card requirement: Not required

Required Documents :

BPI Personal Loan Requirements for Filipinos

- Valid government-issued ID with your photo and signature

- Filled-out and signed application form

- Income documents

- BPI account (once an application is queued for approval)

- Employed:

- your payslip in the last three months or your latest ITR BIR Form 2316

- Self-employed:

- Audited financial statements in the last three years or your latest ITR

- DTI/SEC Business Registration Certificate

- OFWs:

- Via agency: Most recent and unexpired signed POEA contract or employment contract with boarding date

- For direct hire:

- Most recent three months Proof of remittance

- Most recent and unexpired signed POEA Validated Information Sheet or latest POEA Overseas Employment Certificate (OEC), and latest employment contract*

- Consularized COE (if remitter is a permanent resident in the country)

*OEC exemption screenshot with OEC BM online profile is acceptable if OEC print-out is not available

Eligibility :

Minimum Age: 21 years old

Maximum Age: 60 years old

Min. Annual Income: ₱ 300000

Landline requirement: Not required

Where Can I Use a BPI Personal Loan?

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Get additional cash to fund your needs with BPI Personal Loan. You can apply for a loan collateral-free of up to ₱2 million or 3x your monthly salary. Monthly payments are up to 36 months and requirements are minimal. You can pay for your personal needs such as:

House renovation - Start hiring experts for repairs that were put on hold or to transform your house from ordinary to Instagram-worthy. Get a personal loan to achieve your house goals so you can comfortably live in your home.

Tuition fees/school expenses - Back to school also means it’s time to pay a higher tuition fee and additional school expenses such as a laptop or tablet, uniform, bag, and other school supplies. Be ready for school season by getting a BPI Personal Loan.

Travel expenses - Saving for a dream vacation might take a lifetime and life is short. Plan your trip now and get a little bit of help with BPI Personal Loan.

Who Can Get a BPI Personal Loan?

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Before applying for a loan, you need to meet the following BPI Personal Loan eligibility criteria:

21 years old and above and not older than 60 years old upon loan maturity
Filipino citizen
For non-OFWs, lives within 30 km from the nearest BPI branch
Minimum annual salary of ₱300,000

BPI Loan rates

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Loan amount: ₱20,000 to ₱2 million
Loan terms: 12, 18, 24, 30, or 36 months
Monthly interest rate: 1.2%
Annual contractual rate/effective interest rate: 25.03% to 25.60%
Late payment penalty fee: 5% of the amount due
Processing fee:
- Below ₱250,000 - A one-time fee of ₱1,500 that will be deducted from loan proceeds
- Above ₱250,000 - Documentary Stamps Tax equivalent to ₱1.50 for every ₱200 of the loan amount as required by the government
Minimal requirements: No collateral fee and no pre-termination fee

BPI Personal Loan

BPI Personal Loan

Quick Facts

Quick Facts

Where Can I Use a BPI Personal Loan?

Who Can Get a BPI Personal Loan?

BPI Loan rates