BDO Asenso Kabayan Personal Loan Secured

BDO Asenso Kabayan Personal Loan Secured

• Product Description
  CLG Personal Loan for OFW is offered against hold-out on Joint or Individual account deposits maintained with BDO as security
  The following are the type of deposits allowed for this facility
  Peso or Dollar Savings Account   Peso or Dollar Time Deposit - at least co-terminus with the loan tenor
  Minimum deposit requirement is PHP 15,000 or its dollar equivalent. Though, loan proceeds   will be in PHP.
  Applicant shall be the OFW only. However, if the deposit collateral is a joint accout, beneficiary may apply as a principal borrower of the loan 
  The following cannot be allowed to be held as collateral:
  "In Trust For" accounts. Accounts with existing/ongoing hold-out arrangements
• Product Features
For our Kabayans working abroad, please use the Asenso Kabayan application forms by clicking on the following links "For Personal Loans Secured":
1. Application Form 
2. Deed of Assignment Form 
3. Special Power of Attorney Form 
4. Auto-Debit Arrangement Form 
5. Beneficiary Information Form