Personal Loans

Asenso Kabayan Program

BDO Asenso Kabayan Personal Loan Unsecured
A multi - purpose and non collateral Personal Loan for OFWs with fixed income.
BDO Asenso Kabayan Personal Loan Secured
The Personal Loan for OFWs is offered against hold-out on Joint or Individual account deposits maintained with BDO as security.

The following are the type of deposits allowed for this facility:
o

Peso or Dollar Savings Account

Peso or Dollar Time Deposit at least co-terminous with the loan tenor

The minimum deposit requirement is P15,000 or its dollar equivalent. Though, the loan proceeds will be in Pesos.

Applicant should be the OFW only. However, if the deposit collateral is a joint account, beneficiary may apply as a principal
borrower of the loan

The following cannot be allowed to be held as collateral

o

In Trust For accounts

Accounts with existing/ongoing hold-out arrangements

Benefits
Flexible loan amounts

Minimum of P10,000

Maximum of P 3,000,000
For Asenso Kabayan Personal Loan Secured

For Peso account, maximum of 90% of the deposit account balance

For Dollar account , maximum of 80% of the deposit account balance; the prevailing buying rate shall be used to determine
peso equivalent.

Fixed monthly payments pay the same amount every month with any of the following flexible payment terms:

3 months (for Unsecured)

6 months

12 months

18 months

24 months

36 months

Loan proceeds will be credited to BDO account

Home Loan
High Loan Amount
Maximize your loan up to 80% of the appraised value of your property or apply for a minimum of P500,000.
Low Interest Rates
Enjoy low interest rates with options for longer fixing period to help you manage your monthly payments.
Flexible Payment Terms
Make your monthly installment more affordable with payment terms of up to 20 years. Plus, you have the option to make your first
payment sixty (60) days after the release of your loan.*
* First payment will be due 60 days after release of loan, subject to applicable interest.

Auto Loan

Small Business Loan

Flexible Payment Terms

Flexible and Affordable Payment Terms
Choose the payment option that matches your cash flow. Have
the flexibility to pay your loan in 1 year or up to 10 years.

High Loan Amount

Borrow up to P20 Million or as much as 70% of the appraised
value of your collateral.

Minimum down payment of 20% (for brand new) or 30%

down payment (for used cars) to fit budget or you may opt to
increase your initial cash out to have a lighter monthly
amortization that you can afford.

Consumer Loans
Home Loan

MetroHome Loan Fees:

Registration Fee
Notarial fee
Appraisal fee
TIV Fee
Handling fee
Mortgage Redemption
Insurance
(Standard rating)
Property Insurance

Based on RD schedule / table

P 200 / Document
P 4,000 (Metro Manila) / P 4,500 (Countryside)
P 1,000 / title
P 3,500
(Loan amount x .40)/1,000 x 12 (one-year premium)
Standard rates
.09% without AOG

.125% with AOG

Corporate Loans
Loans for Capital Expenditures
You can avail of these loans in short term (2 years or less), medium term (3-5 years), or long term (more than 5 years) which are normally
secured by Real Estate Mortgage, Standby Letter of Credit, or Deed of Assignment, among others.

TIME LOAN
Choose to pay at a fixed date or within a specific period of time. Interest is not collected in advance but at the end of a specific term, such
as after every 30 or 60 days.
Details:
- Minimum Term of 1 yr.
- Pay interest at the end of the term

BUSINESS DISCOUNTED LOANS

If you require only short-term financing, this loan is for you. A Bills Discounted Loan has a term of 1 year or less. The interest is paid in
advance or deducted from the proceeds of the loan.
Details:
- Term of 1 yr. Or less
- Pay interest monthly
- Pay principal at the end of the term

AMORTIZED LOAN
Get an Amortized Loan if you want to pay in equal monthly installments.
Details:
- Pay principal in equal installments

STRAIGHT LOAN
With a Straight Loan, you can opt to get the loan proceeds either lump sum or staggered over a specific period. The principal amount is
paid in lump sum at maturity, while interest is discounted and amortized periodically.
Details:
- Lump sum or staggered loan availment

- Pay principal at maturity

- Pay interest monthly in advance

SYNDICATED LOAN
If you have financing requirements beyond what a single bank can offer, then a Syndicated Loan is what you need, which is packaged by
a group of banks.

Home Loan

Eligible

Filipino citizen
21 years old but not more than 65 years old upon loan maturity
With reliable source of income either from employment and/or business/investment

Borrowers
No CI/BI adverse findings

Loan Purpose

Purchase of residential lot, house and lot, townhouse, or condominium unit

Construction or renovation of a residential unit or residential/commercial apartment

Refinancing of existing mortgage loan

Amount of

Minimum of P500,000 and shall be computed based on borrowing capacity of client but not more

Loan

than loan value of collateral

30% of gross monthly income of borrower and his/her spouse (private applicants)

Borrowing
Capacity

Govt. employee, required monthly net take home pay shall be observed per current GAA

70% of appraised value for loans of P3.5 M and below

Loan Value
60% of appraised value for loans above P3.5 M
Fees and Charges

a)

Application/ Filing Fee of P2,000.00 (non-

refundable)

b)
Term of Loan

Appraisal and Inspection Fees per CPI no. 2014-003

Maximum of 20 years provided combined age of principal borrower and loan term shall not exceed
dated 12 February 2014
65
Pre-release charges

c)
Loan Security REM

Handling Fee of 1/10 of 1% based on amount

approved

d)

Commitment Fee of % of the unavailed amount

e)

Notarial Fee:

f)

Documentary Stamps Tax per PN

g)

Insurance Premium on MRI & Fire

h)

BIR & Registry of Deeds Registration Fees

Minimum of P500.00

PERSONAL LOAN
The EastWest Bank Personal Loan is an unsecured and non-collateralized consumer loan that is granted to qualified individuals for their
personal use. It is payable in fixed equal monthly installments.
Product Features :

Multi-Purpose
o

Travel/Vacation

Tuition Fee/School Expenses

Credit Card Payment

Appliance/Furniture Purchase

Medical Expenses

Bills Payment

Car Accessories/Repair

Home Improvement/Renovation

And much more

Low interest rates!

To Compute for the Monthly Installment

Principal Loan Amount x Factor Rate = Monthly Installment
Short processing time (Processing of application will take 3 to 5 banking days. Release of loan proceeds to
the client will take another 2 banking days for pick up and 2 to 4 banking days for the delivery and deposit
to account option.)
No collateral and co-maker needed!
Minimum Loan Amount Php25,000
Maximum Loan Amount Php 2 Million

Business Loans
SHORT-TERM FINANCING
Whenever you need financing on the spot, to cover for unplanned expenses or to bridge working capital requirements, you
may rely on your BPI Family Kanegosyo term loan or check accessed credit line with ATM card.

LONG-TERM FINANCING
To ensure uninterrupted business operations or to drive your expansion plans, our loans can be modified to work with your
available funds and cash flow schedule. Our long-term financing can help you with:

Business Expansion

Franchise Financing
Purchase of Fixed Assets and Equipment
Purchase / construction / renovation of condominium unit / residential property for lease
Purchase / construction / renovation of commercial property
Refinancing of existing commercial loan / mortgage

FRANCHISE FINANCING
Especially designed for franchising businesses, BPI Family Ka-Negosyo Franchising Loan offers affordable financing to
enable you to start your franchise business today.
Choose the best financing products to suit your needs:

Personal Loan

Loan Purpose
Pay-off credit card bill/balances
Medical/surgical/doctor's bills

Tuition, matriculation, school related expenses (books, uniforms, supplies)

Travel, vacation, car repair and maintenance expenses
Home improvements, furnishings
High end appliances and gadgets (e.g. notebook computers, 42" flat TV)

Eligible Borrowers
Current credit card members of Mastercard, Visa, Amex, JCB with minimum of 2 years
membership
With owned (2 years) or rented (3 years) residence
If Employed:
At least of middle management
Minimum monthly income of P20,000
Minimum of 2-year tenure
Employer among top 10,000 corporations
If Self-Employed:
Business must be at least 5 years in operation
Profitable for the last 2 years
Financing Features
Minimum loan amount - P100,000 (subject to paying capacity of borrower)
Maximum loan amount - P500,000 (subject to paying capacity of borrower)
Minimum term - 6 months
Maximum term - 36 months

Housing Loans
Term of loan
For Lot purchase / Home Improvement - up to 10 yrs.

For purchase of House & Lot, Townhouse, Condominium unit & House Construction - up to 20 yrs.
Collateral
Real Estate property to be financed
Loanable Amount
Maximum loanable amount shall be the lowest of:
Actual Need
Paying capacity (up to 30% of gross monthly income can be used as amortization)
Up to 80% of the appraised value of the property for house & lot, townhouse & condominium
Up to 60% of the appraised value of the property for lot
Minimum loanable amount
P750K for purchase of house & lot, townhouse & condominium - within Metro Manila; P500K - other areas outside
Metro Manila
P500K for purchase of lot within Metro Manila; P200K other areas outside Metro Manila
Interest Rate
Welcome Rates *
5.25% fixed for 1 year
6.25% fixed for 2-3 years
6.75% fixed for 4-5 years
9.50% fixed for 10 years
10.25% fixed for 15 years
10.75% fixed for 20 years
* Promo rates only.
Manner of Release
Lumpsum release for loans to purchase a lot, house and lot, condominium unit, or townhouse
Staggered release for loans to construct a house or for home improvement:
Maximum of five (5) releases
Only interest payment is required during the construction period & is deducted from the second to last
release
Final release upon 100% completion of construction whereby all loan releases are consolidated into one
promissory note

Appraisal Fee
Minimum of P3,500 (Non-refundable)

With the UnionBank Auto Loans you can:

Loan up to 80% of the price of the vehicle

Enjoy fast and efficient service

Avail of flexible terms up to 60 months

Choose from the convenient modes of payment

Auto Debit Arrangement - Automatically debit your UnionBank savings or

checking account on your due date.

Over The Counter - Pay your monthly amortization at any UnionBank

branch near you.

Post-Dated Checks - Settle your monthly amortization by issuing post-dated

checks to UnionBank.

Features at a Glance:

Purpose : Purchase brand new or second hand cars

Minimum loan amount: P200,000

Interest rates : Prevailing lending rate at the time of loan availment

Requirements:

Borrower should be at least 21 to 60 years old at the time of loan application

Low Fixed Interest Rates -- rate fixing periods from "fixed for one (1) year" to "fixed for
twenty five (25) years" are available to safeguard you against sudden rate increases

Flexible payment terms:

o Up to 25 years for a house and lot
o Up to 15 years for vacant lots
o Up to 10 years for condominium units
o Low insurance premiums through CBC Insurance Brokers Inc.
o Easy and convenient loan payment via an auto-debit arrangement

With a China Bank HomePlus loan, you can...

Purchase a residential lot, house and lot, townhouse or a condominium unit

Construct or renovate residential improvements

Reimburse recent construction or the purchase of residential property

Refinance an existing housing loan with other financial institutions