BDO Personal Loan: The All-Purpose Loan for Your Multi-purpose Needs
With the high inflation rate and rising commodity prices of this day and age, making ends meet has become an everyday challenge. With utility bills to pay, tuition fees to be prioritized, and home/vehicle maintenance charges to shell out for, it seems that the dream vacation you've been preparing for all these months would have to take a backseat. However, not all may be lost. BDO steps in to help answer all your financial needs with the all-purpose Personal Loan.
There is no question that the increasing costs of goods and services across the board have been financially crippling for consumers everywhere. This is probably why the BDO Personal Loan has been gaining popularity with customers who are looking for a way to alleviate their current financial status without the usual strain on the pocket.
"It used to be a shelf product—we only offered it when existing clients (such as the bank's depositors) asked for it," explains Ms. Dulce Alimbuyuguen, Vice President of Consumer Lending Group-Personal Loans of BDO. "Since its relaunch in 2005, we've been growing by leaps and bounds. We've surprised the market by offering the lowest interest rates. Right now, we have 0.88% for 12 months and 0.98% for the 24 months amortization," shares Ms. Dulce. "We also threw in a lot of benefits such as the comprehensive family accident insurance coverage. We've grown the portfolio and are now catering even to non-depositors or first time clients. We [also] have tie-ups with resellers and manufacturers so that we can give freebies or discounts to our clients," she further discloses.
Currently, one of BDO's partners is SM Appliance, Inc., which provides a unique value proposition for clients in need of appliances for their renovated homes. There is also Laptop and PC Financing for those who want to upgrade their computers. Of course, the functions of the BDO Personal Loan are not limited to these. It is an all-purpose loan that can be used for, but not restricted to: Tuition/Education, Health and Wellness, Emergencies (medical/memorial/etc.), Appliances/Furniture/Electronic Gadgets, Vacation/Travel, Special Events (weddings/anniversaries/etc.), Balance Transfer/Debt Consolidation, Personal Investments (business/insurance), Car Repairs/Upgrades, House Renovation/Upgrades, and Lot Down Payments.
Aside from BDO Personal Loan's low interest rates, longer payment terms, and wide range of uses, what distinguishes BDO from competitors is the bank's high accessibility. With over 600 branches all over the country, BDO is backed with an extensive network that is fully equipped to accommodate their clients' needs. BDO's call center, accredited agents, and provincial business centers in key areas are also readily available to serve local customers. And for Pinoys working overseas requiring financial assistance, BDO has the Asenso Kabayan Personal Loan. Last, but not the least, clients get more value for their hard-earned money with the BDO Rewards Program, which allows them to earn points during the life of their loan that can be redeemed in exchange for various items and services.
For the last three years, BDO Personal Loan has served as the vehicle for many people to achieve their specific financial goals. Rest assured that whatever your personal dreams are—a vacation abroad, a remodeled home, a new computer for better work productivity, or your child's education, BDO Personal Loan will continue to be there to lend a hand every step on your way to reaching them.
For more information, visit www.bdo.com.ph.
