• Interest rate (p.a.)

    14.40% - 14.40%

  • Loan Tenure

    1 - 3 years

  • Approval Duration

    Within 8-13 banking days

  • Min. monthly income


Loan calculator
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What's so great about BPI Personal Loan?
  • Approved loan amount of ₱20,000.00 up to ₱1,000,000.00.
  • Fixed add-on interest rate of 1.20% per month.
  • Payments are automatically debited from your BPI account

Product Features

Min. financing amount₱20,000.00
Max.financing amount Up to ₱1,000,000.00
Min. loan tenure1 year
Max. loan tenure3 years
Interest rate1.20% per month add-on
Approval durationWithin 8-13 banking days

Fees & Charges

One time set up
Stamp duty₱1.00 for every ₱200.00 of the loan amount if for business use. Otherwise, ₱1.00 for every ₱200.00 in excess of ₱250,000.00
Disbursement & misc. feeN/A
Early settlementN/A
Late payment charges5.00% per month on any balance outstanding


Age requirementAge 21 - 60
Employment eligibilityAt least ₱25,000.00 monthly income for employed, ₱30,000.00 for Overseas Filipino Workers and ₱50,000.00 for self-employed
Min. salary requirement₱25,000 gross per month
Guarantor / Collateral requirementNo

Other Requirements

Need to open linked banked account?Yes
Other detailsMethod of Payment - Monthly payments are automatically debited from the nominated BPI account

Product Review byiMoney

Bank of the Philippine Islands or BPI is the first bank not only in the Philippines but also in the Southeast Asian region having been founded back in 1851. It is one of the most profitable universal banks in the country, ranked second with regards to market capitalization and fourth in terms of asset size. With almost 2 centuries in service, it has built its brand as one of the most reputable, reliable, and trustworthy names in the banking and financial industry with over 900 branches and 300 ATMs in the Philippines, Hong Kong, and Europe. Having a wide range of specialized financial products and solutions from consumer banking and lending, to asset management and investment banking, BPI can cater both to retail and corporate clients nationwide. To service customers who are in immediate need of additional funds, the BPI Personal Loan is one of the top options in the market. With a wide range of loanable amounts starting as low as ₱20,000 up to ₱1,000,000, it can cover most of your funding needs. From the start of your application to disbursement of funds, it can take as fast as 5 to 7 banking days with flexible repayment terms as early as 1 year up to 3 years. The interest is 1.2% add-on rate per month. You can avail of this loan if you have a minimum gross income of ₱25,000 per month.

Advantages Of Applying With BPI Personal Loan

  • Reputable, reliable, and trustworthy financial provider with nationwide coverage.
  • Accommodating loan amount.
  • Flexible repayment terms.
  • Competitive interest rates.

You can verify the product details and eligibility requirements on this page to check if it fulfills your checklist in getting a personal loan.

BPI Personal Loan FAQ

How much can I borrow?

With a BPI Personal Loan, borrow as much as 3 times of your gross monthly income, with amounts ranging from P20,000 up to P1,000,000, subject to approval.

What are the BPI Personal Loan Requirements?

An applicant must fulfill BPI’s eligibility criteria for a loan:

  • Must be at least 21 at the time of loan application and not older than 60 years old upon loan maturity.
  • A Filipino citizen living or working within a BPI - approved geographical lending area.
  • At least a permanent resident employed for two years with a gross salary of P25,000.00 per month.
  • An Overseas Filipino Worker with a minimum gross salary of P30,000.00 per month and employed for two years.
  • Self-employed applicants need to have an operational business for at least three years and a P50,000.00 minimum monthly income.

Consequently, after filling out an application form, the following documents are necessary:

Fully Employed applicants need:

  • Government-issued photo-bearing ID (Passport, Driver's License, SSS, PRC, etc.).
  • 3 months original pay slip and/or Latest Income Tax Return with BIR or Bank stamp (BIR Form 2316).

Self-Employed applicants need:

  • Business must be operational for at least 3 years.
  • Government-issued photo-bearing ID (Passport, Driver's License, SSS, PRC, etc.).
  • Audited Financial Statements for the last 3 years.
  • Latest Income Tax Return (BIR Form 1700 /1701).
  • Business Permit from DTI or SEC.

Overseas Filipino Workers (OFWs) will need:

  • Government-issued photo-bearing ID (Passport, Driver's License, SSS, PRC, etc.).
  • Agency based: POEA contract or Employment contract with boarding date Direct hire: Proof of remittance, POEA OFW Information Sheet or POEA Overseas Employment Certificate and Work Contract.

For Filipino workers based overseas who are interested in getting a BPI Personal Loan, BPI offers two options that are specific to both sea and land-based OFWs. Get more info about BPI Land-based OFW Personal Loan and BPI Seafarer Loan, their requirements, terms and conditions, and apply for the one best suited to your needs.

*Additional documents may be required during credit evaluation.

How does the BPI Personal Loan Calculator work?

The BPI Personal Loan calculator computes the estimated cost of borrowing and amount of payment per instalment. Input the desired loan amount to automatically get the estimated monthly amortization for different tenors.

Is BPI Personal Loan the right one for me?

If a high standard of service is what you are looking for in a partner financial services provider, then BPI should be on top of your list. With years of experience and a reputation of providing quality customer service, there is no doubt that BPI can deliver top notch reliability in providing outstanding financial products and services towards all of their customers. Aside from their wide range of offerings, finding a branch near you will not be a problem with their nationwide coverage along with their online and mobile facilities, all of your transactions can be easily and conveniently performed. Aside from the aforementioned details of the BPI Personal Loan, if the previous qualities mentioned are what you are looking for, then having BPI as your preferred financial provider is the right match for your needs.

If you are considering personal loans from other banks in the Philippines, we also recommend:

EastWest Bank Personal Loan

Get easy financing options with Eastwest Bank Personal Loan as you enjoy low rates and flexible payment terms. Loan a minimum amount of ₱25,000 to as high as ₱2,000,000 with just ₱15,000 minimum gross monthly income requirement. You can pay the loan as early as 12 months and up to a maximum tenure of 3 years. You also enjoy a minimum contractual interest rate of 31.51% per annum and 1.49% monthly add-on rate.

Maybank Enable Personal Loan

Maybank Enable Personal Loan offers one of the more enticing packages in the market today. You can borrow any amount from ₱50,000 to ₱1,000,000 at a low interest rate of 13.2% per annum for a maximum tenure of 3 years. Minimum income requirement is also set at just ₱18,000 per month.

Citi Personal Loan

With one of the most well renowned banks in the world, getting a Citi Personal Loan has never been as quick and easy as before. Get approved in as fast as 24 hours with a long loan tenure of up to 5 years. Borrow any amount from ₱20,000 up to ₱2,000,000 with interest rate as low as 15.16% per annum. You also enjoy low income requirement of just ₱21,000 a month.

If you still haven't found what you're looking for, you can check out the other Personal Loans present on our website and review which one matches your requirements.