Loan Readiness Test
I would like to:
Hello ! Let’s find out if you’re ready for a personal loan.
Name:
Age:
Kind of Work:
Number of Years Working:
Credit Card:
Monthly Gross Income:
Location:
Location:
Total Monthly Expenses:
Personal Loan for:
Loan Amount:
Monthly Installments:
Can you tell me how old you are?
My age is
What kind of work do you do?
Please select one:
How long have you been working?
I've been working for:
How much do you earn in a month?
My monthly gross income is:
The minimum monthly income requirement for employed / professional is Php25,000.
The minimum monthly income requirement for employed / professional is Php25,000.
In which city or town do you live in?
Please type city or town name:
You must live or work near a BPI branch to sign the loan documents.
You must live or work near a BPI branch to sign the loan documents.
How much do you spend on the following in a month?
Household expenses:
Loans (auto, home, others):
Credit card bills:
Why do you need a personal loan?
I need a personal loan for:
How much extra cash do you need?
Please type the amount, do not put commas or decimals. e.g. 25000.
Choose the number of monthly installments that you prefer:
You’re done! Thank you for taking the BPI Personal Loan Readiness Test.
Thank you for taking the BPI Personal Loan Readiness Test. You have provided the following information:
Nickname:
Age:
Personal Loan for:
Kind of Work:
Number of Years Working:
Location:
Total Loans (with Personal Loan):
Monthly Gross Income:
Total Expenses:
Cash Needed:
Monthly Installments:
Age:
Personal Loan for:
Kind of Work:
Number of Years Working:
Location:
Total Loans (with Personal Loan):
Monthly Gross Income:
Total Expenses:
Cash Needed:
Monthly Installments:
• This is only an initial assessment based on the information you have provided. All personal loan applications are subject to Credit evaluation and results may vary based on your submitted documents.
• Applicants need to be living or working within 30 kilometers from a BPI branch to sign the loan documents for approved applications
| Loan Amount |
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| Tenor |
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| Monthly Installment |
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Computed at a monthly add-on rate of
| Term | |||||||
|---|---|---|---|---|---|---|---|
| Monthly Installment | |||||||
Given your monthly income and total loan expenses, we recommend keeping your monthly payments within 20-30% of your monthly income. With the recommended amount, you can comfortably set aside enough to fund your personal needs and manage your monthly loan payments.
You can find more information on managing your income on our Responsible Borrowing page.
For the kind of work you have indicated, you can submit the following proof of income requirements with your application:
You can find more information on managing your income on our Responsible Borrowing page.
For the kind of work you have indicated, you can submit the following proof of income requirements with your application:
|
EMPLOYEE / PROFESSIONAL |
|
1. Two (2) valid government-issued photo-bearing IDs 2. Proof of income documents: - Three (3) months original pay slips; OR - Latest BIR Form 2316 or ITR |
|
|
SELF-EMPLOYED |
|
1. Two (2) valid government-issued photo-bearing IDs 2. Proof of income documents: - DTI/SEC business registration certificate - Three (3) years audited financial statements (FS) - Latest ITR Form 1700 or 1701 |
|
|
OVERSEAS FILIPINO WORKER: |
|
1. Two (2) valid government-issued photo-bearing IDs 2. Proof of income documents: Agency-based: - Latest and unexpired signed POEA contract; OR - Employment contract with boarding date For Direct Hire - Proof of remittance - POEA information sheet; OR - POEA overseas employment certificate AND employment contract |
|
|
SEAFARER |
|
1. Two (2) valid government-issued photo-bearing IDs 2. Proof of income documents: - Latest and unexpired signed POEA contract; OR - Employment contract with boarding date |
|
|
ALLOTEE: |
|
Allotee / Income from Remittance / Allowance 1. Two (2) valid government-issued photo-bearing IDs 2. Proof of income documents: - Proof of remittance OR latest bank statement where remittance is credited - Contract of spouse or relative (for OFWs) |
|
|
Professional |
|
1. Two (2) valid government-issued photo-bearing IDs 2. Proof of income documents: - Three (3) months original pay slips; OR - Latest BIR Form 2316 or ITR |
