Reviews
Personal Loans Updated: 14. 04. 2026

BPI Personal Loan – review 2026

4,5 / 5

Bank of the Philippine Islands offers a personal loan with one of the lowest fixed monthly rates among major Philippine commercial banks at 1.20%, covering amounts from PHP 20,000 to PHP 2,000,000. The application process is fully digital for existing BPI clients, with credit decisions issued within five to seven banking days. BPI personal loans require no collateral and are available to both employed and self-employed borrowers who meet income and tenure criteria.

Pros

  • Competitive 1.20% monthly add-on rate among major banks
  • Fully digital application for existing BPI clients
  • No collateral required
  • Loan amounts up to PHP 2,000,000
  • Flexible terms from 12 to 36 months

Cons

  • Minimum loan amount PHP 20,000 higher than some competitors
  • Processing time 5-7 banking days
  • Requires at least 1 year with current employer
  • Minimum monthly income PHP 15,000
  • Non-BPI clients face additional documentation steps

Requirements

  • Filipino citizen or foreigner with permanent residency, aged 21-60
  • Minimum gross monthly income PHP 15,000
  • Employed at least 1 year with current employer
  • Self-employed with business operating at least 2 years
  • Valid government-issued ID and latest ITR or payslip

Company information

Name
Bank of the Philippine Islands
Address
BPI Building, Ayala Avenue corner Paseo de Roxas, Makati City, Philippines
Web

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.