Steps to Apply for BPI Loan for OFWs

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If you’re an Overseas Filipino Worker (OFW) in need of financial assistance, BPI offers various types of loans to help you out. Applying for a loan can be intimidating, but with the right information, it can be a smooth and straightforward process. In this article, we’ve listed the steps to apply for BPI loans for OFWs and the requirements you need to prepare.

BPI Personal Loan Application

A personal loan can help you cover unexpected expenses, finance a vacation, or even start a business. Here are the steps to apply for a BPI Personal Loan:

  • Step 1: Fill out the application form: The first step is to fill out the application form available on the BPI website. Provide accurate information and make sure you meet the eligibility requirements.
  • Step 2: Scan and email your income documents to [email protected]. After filling out the personal loan application form, scan your income documents, and email them to [email protected]. The income documents may include your latest payslip, employment contract, and proof of remittance.
  • Step 3: Wait for the email notification that they have received your application

BPI will notify you via SMS about the status of your loan within five to seven banking days. If your loan application is approved, you need to sign the loan documents and have them notarized before you can receive the funds.

BPI Housing Loan Application

For OFWs who plan to purchase a house or a lot, BPI’s Housing Loan is a reliable option. Here’s how to apply for a BPI Housing Loan:

  1. Fill out the housing loan assessment and application form online (https://cal.bpihousingloans.com/lav3/). You can fill out the housing loan assessment and application form online on the BPI Housing Loan website or speak with one of BPI’s partner brokers or developers. You can also visit any BPI branch to inquire.
  2. Submit the requirements online. After filling out the application form, submit the requirements online. The requirements may include a copy of your passport, employment contract, latest proof of income, and proof of remittance.
  3. Wait for your loan approval. BPI will notify you through SMS about the status of your loan application within five to seven banking days.

BPI Auto Loan Application

Owning a car can make your life easier, and BPI offers a competitive Auto Loan package for OFWs. Here’s how to apply for a BPI Auto Loan:

https://cal.bpiautoloans.com/lav3/loan/step_1

Apply for Step Up PayPlan thru BPI or BPI Family Savings Branch

Visit any BPI or BPI Family Savings Bank Branch to apply for an Auto Loan. Fill out the application form, submit the requirements, and wait for the review and processing of your application. Once approved, visit the branch of the BPI Family Head Office or Loans Centers nationwide, sign the loan documents, and drive home your new car!

Apply for Step Up PayPlan Online

Fill out the online application form, attach the requirements, and click submit. Wait for the application review and processing. Once approved, visit the branch of the BPI Family Head Office or Loans Centers nationwide, sign the loan documents, and drive home your new car!

BPI Ka-Negosyo Loan Application

If you’re an OFW looking to start or expand a business, BPI’s Ka-Negosyo Loan can provide you with the funds you need. Here’s how to apply:

Step 1. Fill out the BPI Ka-Negosyo loan assessment and application form online

Fill out the online application form (https://cal.kanegosyo.com/lav3/loan/step_1) for a Ka-Negosyo loan on the BPI website. Provide accurate information and make sure to meet the eligibility requirements.

Step 2. Submit the requirements online

Submit the requirements online, which may include your latest ITR, business permits, and financial statements.

Step 3. Wait for your loan approval

BPI will notify you through SMS about the status of your loan application within five to seven banking days.

In conclusion, BPI offers various loans with competitive rates for OFWs, providing a reliable financial cushion when needed. Understanding the loan application process and the requirements necessary can help make the process of getting a loan smooth and straightforward.

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CashLoanPH Changed status to publish 05/05/2023