Guide on Whether You May Apply for BPI Personal Loan or Not If You Don’t Have BPI Account
BPI PERSONAL LOAN – Here is a guide on whether you may apply for a personal loan to the Bank of the Philippine Islands or not if you have no account with the bank.
Are you in need of some cash to make ends meet or to achieve a goal? The personal loan offers of certain banks may be what you are looking for. These offers are multi-purpose and you may apply for them to:
- pay for the utility bills
- fund an event
- purchase a gadget / appliance / furniture
- pay for the school fees
- cope with medical expenses
- get your car repaired
The Bank of the Philippine Islands is one of the banks in the country which has this kind of offer. The BPI Personal Loan is a collateral-free loan and there is also no need for a guarantor in applying for this offer.
Under the said loan offer of BPI, you can borrow up to three (3) times of your monthly income. You may visit – BPI PERSONAL LOAN – Updated Minimum & Maximum Loanable Amounts Under It.
With regards to the payment for the loan, the term is up to three (3) years or thirty-six (36) monthly installments. You can arrange for an automatic debit with the bank to avoid hassles in paying like long lines that can take up much of your time.
Is there a need to have an existing account with the Bank of the Philippine Islands in applying for BPI Personal Loan? You might be asking about this. Unlike other loans, there is no need for you to have an existing BPI account to be eligible for it.
There are actually minimal eligibility qualifications under this BPI loan offer. You may visit – BPI PERSONAL LOANS – Who Are Eligible For These Offers.
Aside from passing the eligibility qualifications, applicants must submit the requirements. For a guide on the application process and the documents that you must prepare, you may visit – BPI LOAN: How To Apply, Requirements In Applying.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: BPI LOAN OFFERS – Full List of BPI Personal & Business Loans