BPI Personal Loan Review: How to Pay? Requirements -  Approval

BPI Personal Loan Review: How to Pay? Requirements - Approval

What is BPI Philippines?

BPI or Bank of the Philippine Islands is a top bank in the Philippines with lots of financial tools and great online banking app. It's full of features to help make banking easier, like BPI mobile banking app where you can deposit checks and pay bills. BPI is a member of the Bangko Sentral ng Pilipinas, the central bank of the Philippines.

Moreover, BPI or Bank of the Philippine Islands offers loans. The loans offered by BPI are offered to both individuals and corporate clients in order to capitalize on the company's wide network and system of branches. The company was founded in 1851and was one of the first banks in the Philippines to offer internet banking.

BPI personal loan, how does it work?

If you are looking for a personal loan, you might want to consider a BPI personal loan. This is a personal loan that is offered by the Bank of the Philippine Islands. It works by allowing Filipinos to borrow funds for their personal needs. This loan is a solution for people who might be in need of funds for a number of reasons. This can be for emergencies, for daily needs, for education, or for business needs.

The loan is offered with a number of options, but the most common is for people to borrow up to PHP 2,000,000. The loan has a number of terms and conditions that should be read before going through with your loan.

How much is the BPI personal loan?

It is possible to borrow up to PHP 2,000,000 from BPI Philippines. The personal loan is a loan that is given to customers who need to borrow money for a variety of reasons. The loan is given to customers who are able to repay the loan with interest.

Interest rate

The interest rates available for BPI personal loan can go up to 25.60%, with a one-time processing fee of PHP 1,500. The interest rate is considered relatively high as compared to other traditional bank loans available in the country.

How long does it take for the money to arrive?

BPI Philippines Personal loans takes a lot of requirements and long processes. Meaning, the money can arrive between 1 to 2 weeks after your application.

BPI personal loan benefits

BPI Personal Loan is a personal loan that is a perfect fit for the needs of Filipinos. BPI personal loan can be used to take care of a personal need, such as a hospitalization, education, or a house. BPI personal loan can also be used for any purpose.

BPI personal loan application process

You can only apply through a nearest branch of BPI Philippines for the application process of their personal loan.


According to BPI Philippines, the following requirements for their personal loan are:

  • Must be 21 years old and above to apply and not more than 60 years old upon loan maturity.

  • Filipino Citizen.

  • Working or residing within 30 kilometers from the nearest BPI branch.

  • Government-issued IDs

  • Active Bank Account

Loan calculator

BPI Philippines loan calculator is available on their website. You can access it to know which loan amount and loan terms are perfect for your needs.

How to know if BPI personal loan is approved?

A BPI Philippines agent will get in touch with you in regards to the approval of your loan. You may also check it online.

What is BPI personal loan approval rate?

The BPI personal loan approval rate is roughly between 50% to 85% depending on the creditworthiness and eligibility of the applicant.

BPI personal loan rejected, what can I do?

You can reapply to it once you have settled any other debt and you have a better credit score. You may also consider other banks that offers personal loans.

BPI reloan process

For reloan, BPI Philippines only allows the same application process by going to one of their branches.

How to pay BPI personal loan?

To pay your personal loan, you can use BPI Mobile Banking app. Or any other banks or financial institutions affiliated with BPI Philippines.

What happens if I can’t pay?

If you can’t pay, there’s a high possibility that your credit score will be affected. A late payment fee may also incur on your account.

BPI, customer service

If you have any concerns in regards to your loan application or current loan process, you may reach BPI customer service through the following contact information.

Contact number

  • (+632) 889-10000.

Email address

Unfortunately, BPI Philippines doesn’t disclose any email address.


372 Senator Gil Puyat Avenue, Makati City

BPI personal loan, reviews

BPI's personal loan is loved by many Filipinos. The BPI personal loan can be a great option for Filipinos who are looking for a loan for personal reasons. Using your BPI personal loan, you can help your family, build a business, or just get ahead. There are many options for personal loans, but the BPI personal loan has some benefits that make it stand out.

BPI personal loan can be used for a variety of purposes, including to help with business start-ups, pay for education, renovate homes, pay for medical expenses, or other personal needs. The borrowers of the BPI personal loan can borrow up to PHP 2,000,000. The loan is given to borrowers with a credit score of 550 or above. The most common forms of collateral for the personal loan are land or property and stocks or bonds.

Have you used the BPI personal loan? Share your experience here.

Personal Loan sucks! I applied lat Oct 2022 and got denied. I tried to re apply again this month, got denied again. I've been waiting on the line for 20 minutes tapos papaasahin ka lang. Nag pasa pa ko additional documents akala ko naman okay na. Why is it so complicated??

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This article was updated on 9 october 2022