BDO Personal Loan – review 2026
Pros
- Funded by the Philippines' largest bank by assets, with branches in most cities and municipalities
- Fixed monthly add-on rate gives a predictable installment for the full loan term
- No collateral required for the standard personal loan product
- Loan amounts scale up to PHP 2,000,000 for qualified borrowers
Cons
- Approval takes five to seven banking days, slower than app-based digital lenders
- Full income and employment documentation is required, which can be a barrier for informal earners
- Early settlement and late payment fees apply per BDO's standard loan terms
BDO Unibank's personal loan is one of the most accessible unsecured credit products from a major Philippine bank, covering loan amounts from PHP 10,000 to PHP 2,000,000 at a fixed monthly add-on rate of 1.30%. As the country's largest bank by assets, BDO offers the convenience of applying online or walking into any of its more than 1,500 branches nationwide, which matters for borrowers who prefer in-person assistance with documentation.
Who it suits
This loan fits salaried employees and self-employed professionals who want a predictable, fixed monthly repayment and are comfortable with a five-to-seven banking day approval window rather than instant digital disbursement. Existing BDO depositors generally find the process smoother since income and identity verification can draw on existing account history.
Applying and repayment
Applicants submit income documents, a valid government ID and proof of billing either through the BDO website or at a branch. Once approved, funds are credited to a BDO savings or current account, or released as a manager's check, and repaid through equal monthly installments debited automatically if an account is linked.
Requirements
- Filipino citizen or resident alien aged 21 to 65 at loan maturity
- Valid government-issued ID (passport, UMID, driver's license or similar)
- Proof of stable income such as a Certificate of Employment with latest payslips, or ITR for self-employed applicants
- Proof of billing showing current residential address
- Existing or new BDO deposit account for fund disbursement
Provider contacts
- Name
- BDO Unibank, Inc.
- Address
- BDO Corporate Center, 7899 Makati Avenue, Makati City 0726, Philippines
- Reg. number
- BSP Thrift Bank License No. 1
- Website
- https://www.bdo.com.ph
- Online application
- Apply now →
- Regulator
- Bangko Sentral ng Pilipinas (BSP)
Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.