PERSONAL BANKING

H O M E   L O A N

Loan Purpose
  • Purchase of house and lot, townhouse, or condominium unit
  • Construction of house on a lot already owned by the borrower
  • Major repair, improvement or expansion of an existing house
  • Refinancing / take out of existing housing loan
Loanable Amount
  • Minimum of PHP 500,000
Term
  • From ten years to twenty years
APPLICATION REQUIREMENTS

General
  • Home Loan Application Form
  • 2 x 2 Photos (both spouses / co-obligor)
  • Photocopy of valid ID
    • List of acceptable ID: Driver's License, Passport, SSS ID, Company ID (if Top 5,000 Corporation), Postal ID, PRC ID
  • Photocopy of deposit passbooks or bank statements (3 months)
  • Marriage contract (if applicable)
Employed
  • Copy of Income Tax Return (ITR) with BIR or bank stamp (latest 3 years)
  • Certificate of Employment stating applicant's position, income, and length of stay in the company (original copy only)
  • Copy of payslip (last 3 months)
  • Proof of other sources of income, if any
  • Proof of billing address and Original copy of Latest Contract of Employment (OFW/Seafarer)
Self-Employed
  • Copy of business registration papers with DTI (if single proprietorship) or SEC (if partnership or corporation)
  • Copy of Audited Financial Statement for the last 2 years
  • Copy of Income Tax Return (ITR) with BIR or bank stamp (latest 3 years)
  • Company / business profile
  • List of major suppliers / customers
Apply Now!

Contact the Housing Loan Department at (02) 982-6000 local 6443.



A U T O   L O A N

Loan Purpose
  • Purchase of new car
Loanable Amount
  • Minimum of PHP 100,000
Term
  • From 12 to 60 months
APPLICATION REQUIREMENTS

General
  • Auto Loan Application Form
  • Photocopy of valid ID (individual if employed and self-employed / authorized signatories if corporation and partnership)
    • List of acceptable ID: Driver's License, Passport, SSS ID, Company ID (if Top 5,000 Corporation), Postal ID, PRC ID
  • Photocopy of deposit passbooks or bank statements (6 months)
  • Billing statements (cellphone, utilities, etc.) (latest 1 month)
  • Vehicle quotation from the dealer (if available)
Employed
  • Copy of Income Tax Return (ITR) with BIR or bank stamp (latest 1 year)
  • Certificate of Employment stating applicant's position, income, and length of stay in the company (original copy only)
Self-Employed
  • Copy of business registration papers with DTI (if single proprietorship) or SEC (if partnership or corporation)
  • Copy of Audited Financial Statements (latest 1 year)
  • Copy of Income Tax Return (ITR) with BIR or bank stamp (latest 1 year)
Corporation / Partnership
  • Copy of business registration papers with DTI (if single proprietorship) or SEC (if partnership or corporation)
  • Copy of Audited Financial Statement (latest 1 year)
  • Copy of Income Tax Return (ITR) with BIR or bank stamp (latest 1 year)
  • Secretary's Certification / Board Resolution
Apply Now!

Contact the Auto Loan Department at (02) 982-6000 local 6442.



S M A L L   B U S I N E S S   L O A N

A fully secured credit facility that can help you get funding for any business opportunity. Loan package may either be Term Loan or Business Credit Line (BCL).

TERM LOAN
BCL
Purpose For fixed asset acquisition, business expansion and additional working capital For working capital and other day to day expenditures of the business. Borrowers will be issued a BCL checkbook, the checks of which can be issued against borrower’s approved line
Loan Amount
PhP 1.0 MM to PhP 15 MM
Pricing
At prevailing lending rate
Collateral Any prime residential / commercial / industrial property with or without improvements
and/or Cash Deposits under the name of the applicant
Insurance A fire insurance coverage at 100% of appraised value of the insurable real estate collateral
and must be endorsed in favor of the bank
Term of the Loan Minimum: One (1) year
Maximum: Five (5) years
Up to Line expiry (Credit Line is valid for one (1) year subject to annual review)
Manner of Availment Via Promissory Note; proceeds to be credited to borrower’s deposit account with the bank. Via Check issuance
Repayment Via Post Dated Checks (PDCs)
Monthly amortization of Principal + interest
Via Automatic Debit from BOC Account
Interest + 5% of Outstanding Principal payable monthly
Penalty for Late Payment
18% penalty fee per annum
Prepayment Penalty
None
Application Documentary Requirements
  • SBL Application Form
  • Photocopy of any 2 valid IDs with photo and signature
  • Copy of ITR & AFS of the business for the last three (3) consecutive years
  • DTI Certificate of Business Name Registration for sole proprietorship / SEC Papers for partnership and corporation
  • Business/ Mayor’s Permit
  • Bank Statements for the last 6 consecutive months
  • Signed Authority to Bank Check
Collateral Documents
  • Copy of TCT/CCT, updated Tax Dec & RETRs
  • Vicinity Map/location plan/lot plan/building plan
  • Master Deed of Restriction (for condos)
  • Copy of Deposit Instrument (if secured by deposit)
Frequently asked Questions (FAQs)
SELF-ASSESSMENT QUESTIONNAIRE to check your eligibility
Sample Amortization Schedule for Term Loan
How to Maintain Good Credit



Quick Links Security Reminders
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