BDO Loan Requirements
Required Gross Monthly Income: Monthly amortization is 40% of GMI
(M.A. / .4 = required gross income)
Note:
* Bank Approval 5-10 days with complete requirements
BDO REQUIREMENTS
- Completely filled up and signed application form
- Provide clear copy of 2 valid government issued ID with photo and visible specimen of signature
- Marriage contract (if applicable)
IF LOCALLY EMPLOYED
- Latest Income Tax Return – BIR Form 2316
- Latest Certificate of Employment with Salary OR latest full monthly payslip
IF EMPLOYED ABROAD
- Latest Certificate of employment with salary
* Employer’s email address, contact person and number for verification procedure
With your permission to verify your employment, Can I ask for the point person, maybe your immediate head or HR person and .
Please advise your point person to use his/her company email add upon replying to our employment verification .
Point person for email employment verification for:
Company: ____________________ ____________________
Point Person: ____________________ ____________________
Designation:_____________________ ____________________
Co. Address:_____________________ ____________________
Email add: _____________________ ____________________ (using their company email add)
Office No.:
- Latest three (3) months payslips or remittance receipts
IF SELF-EMPLOYED / OWNS BUSINESS
- Income Tax Return for the last two (2) years – latest
- Audited Financial Statements for the past two (2) years – latest
- Certificate of Business Registration with DTI if single prop.
- For Corporation or Partnership – Copy of SEC Registration / Articles of Incorporation / By-laws / Articles of Partnerships
- Bank statements or photocopy of passbook for the past six (6) months
- List of (3) major suppliers and customers with contact information
- Lease contracts, if applicable
OTHERS
- SPA – special power of attorney in bank’s format (if applicable)