BDO – Loan details
Personal loans from BDO up to ₱1,000,000
Loan amount
₱10K – ₱1.0M
Interest from
25.58%
Term
3 – 36 months
Approval
5-7 banking days
Pros
- ✓ High loan amounts up to ₱1,000,000 available
- ✓ Transparent processing with a clear approval timeline
- ✓ Fixed interest rate makes repayment planning straightforward
- ✓ BSP-regulated bank with strong consumer protection
Cons
- ✗ Interest rate is above average – compare all options first
- ✗ Approval takes several banking days – not suitable for urgent same-day needs
- ✗ Extensive documentation required compared to online lenders
Requirements
- Valid government-issued ID (SSS, GSIS, PhilHealth, driver's license, or passport)
- Proof of income: payslips for the last 3 months or Certificate of Employment
- ITR (Income Tax Return) for the past 1-2 years
- Proof of billing address (utility bill or bank statement)
This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.ph is an independent comparison portal operated by double technology s.r.o., Czech Republic.