BDO Asenso Kabayan Personal Loan Secured
Enjoy fixed monthly payment with an effective rate per annum ranging from 17.06% to 17.08% and flexible loan amount ranging between P10,000 to P3 Million with BDO Asenso Kabayan Personal Loan Secured. This type of personal loan is for OFWs who have joint or individual account deposits with BDO. It covers peso or dollar savings account and peso or dollar time deposit at least co-terminous with the loan tenor.
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BDO Asenso Kabayan Personal Loan Secured
BDO Asenso Kabayan Personal Loan. Enjoy low interest rates and hassle-free application online. Apply now and get approve fast!
Overview
- Product Name:
- BDO Asenso Kabayan Personal Loan Secured
- Remarks:
- This Loan has to be secured by a Deposit
- Minimum Amount of Loan:
- PHP10,000.00
- Maximum Amount of Loan:
- PHP3,000,000.00
- Minimum Loan Tenure:
- 6 months
- Maximum Loan Tenure:
- 36 months
Eligibility and Requirements
- Age Range of Borrower:
- 25-65 years old
- Minimum Annual Income:
- PHP240,000.00
- Income Requirement Remarks:
- Apply with a minimum monthly income of PHP20,000.00
- Employment / Work Status:
- Permanent Employee for 2 years
- Borrower has to have Credit Card:
- No
- Guarantor Required:
- Should have a beneficiary living or working within BDO serviceable areas
- Collateral Required:
- Should have a Deposit Account
- Other Requirements:
- Should have a BDO Current, Savings or Time Deposit Account with a minimum placement of PHP15,000.00 or its dollar equivalent.
- Need to Open Linked Bank Account:
- Yes
Application and Approval
- Application Channel:
- Approval Duration:
- Approval Duration Remarks:
Fees and Charges/Penalties
- Loan Processing and Dispersal Fees:
- PHP1,200.00
- Early Repayment Penalty:
- Late Payment Penalty:
- 3% of monthly amortization per month
Interest Rates Offered
| Product Name: | Interest Rate | Effective Interest Rate | Interest Type |
|---|---|---|---|
| BDO Asenso Kabayan Loan Secured - 6 months | 0.84% | 17.08% p.a | Monthly Rate |
| BDO Asenso Kabayan Loan Secured - 12 months | 0.79% | 17.07% p.a | Monthly Rate |
| BDO Asenso Kabayan Loan Secured - 18 months | 0.78% | 17.06% p.a | Monthly Rate |
| BDO Asenso Kabayan Loan Secured - 24 months | 0.78% | 17.06% p.a | Monthly Rate |
| BDO Asenso Kabayan Loan Secured - 36 months | 0.79% | 17.06% p.a | Monthly Rate |