BDO Loan Requirements

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)