Kwentong OFW

Menu
  • HOME
  • STORIES
  • OFW NEWS
  • WORLD NEWS
  • PHILIPPINES NEWS
  • JOBS
  • TIPS

KwentongOFW - The Place Where OFWs United.

Follow us on Facebook

List of Banks and Private Institutions for Personal, Housing and Auto Loans That OFWs Can Apply

Spread the love
  • 5.5K
  •  
  •  
  •  
  •  
    5.5K
    Shares

Overseas Filipino Workers are having a hard time figuring out who to approach for inquiries related to housing or personal loans. There are some who don’t even an idea what agency or private organizations to contact. Living out of the country limits their capability of communicating in different financial institutions in the Philippines.

The number of remittances being sent to the Philippines reached a total of $24.35 billion. Because of that, local lenders are much open to the possibilities of accommodating OFWs for their cash needs.

Here are some of the most trusted banks in the Philippines who is willing to provide financial support for OFWs and their families in the Philippines.

  1. BDO Unibank (BDO)

Offers:

  • BDO Personal Loan
  • Home and Auto Loans (Asenso Kabayan Program)

Requirements:

  • At least 25 years old, not more than 65 years old (upon loan maturity)
  • For skilled workers, employed at least for 2 years. For domestic helpers, employed at least 3 years.
  • Minimum salary is P10,000/month for Personal Home Loans and P50,000/month for Auto Loan

Submit application to [email protected]. Pay P100 for peso account (initial minimum deposit) and $100 for dollar account. Download all forms at www.bdo.com.ph.

  1. Bank of the Philippine Islands (BPI)

Offers:

  • Personal Loans
  • Housing Loans
  • Car Loans

Requirements:

  • At least 2 years working abroad
  • P30,000 minimum salary (Personal and Auto Loans) and P40,000 salary for Housing Loans.
  • At least 21 years old, not more than 60 years old (upon loan maturity)
  • Borrowers must be present during the signing of documents.

Applicants can apply online at www.bpiloans.com.

  1. Chinabank

Offers:

  • Housing Loan

Requirements:

  • Employed for 3 years abroad.
  • P50,000/month minimum salary.
  • At least 21 years old, not older than 65 years old (upon maturity of loan).
  • Without court cases, unpaid loans, bouncing checks and cancelled credit cards.

Visit www.chinabank.ph for more details.

Cotinue on Next Page : 


Spread the love
  • 5.5K
  •  
  •  
  •  
  •  
    5.5K
    Shares
  •  
    5.5K
    Shares
  • 5.5K
  •  
  •  
  •  
  •  
  •  
1 2 3
Share
Tweet
Google+
Prev Article
Next Article
Loading...

Related Articles

Spread the love     BUTUAN CITY — The Philippine Overseas Employment Administration …

POEA warns job-seekers vs ‘roaming recruiters’ from Japan, Taiwan

Spread the love     Manila- (CAAP) The Civil Aviation Authority of the Philippines …

How to avoid being a victim of ‘tanim-bala’ in NAIA

Spread the love     Overseas Filipino Workers are considered as modern hero. …

Baiyln Utto to OFWs: OFWs Are Flirty and Illiterate! She accused OFWs as ugly and to sum it all, worthless being

Spread the love     An Overseas Filipino Worker (OFW) lost her 1 …

OFW Be Aware! Don’t be a victim of budol-budol Gang In NAIA

Spread the love     Ang Embahada ay nananawagan sa kung sino man …

Panawagan Sa Kamag Anak Ni Kabayan

Spread the love3.6K    3.6KSharesHow important is an employment contract for an …

IMPORTANT : What an OFW Needs To Know in An Overseas Employment Contract

Tags:BDO BPI CHINA BANK EAST WEAST BANK HOUSING LOANS LOANS OFW LOANS

Share Your Comments

Comments

One Response

  1. Ejasmin Sugatan

    How much i can avail

    August 21, 2017

Leave a Reply

Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Loading...
Follow @Kwentong_OFW
DMCA.com Protection Status

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

we respect your privacy and take protecting it seriously

Kwentong OFW

IMPORTANT LINKS

  • SUBMIT YOUR STORY
  • ABOUT US
  • PRIVACY POLICY
  • DISCLAIMER
  • CONTACT US

CATEGORIES

  • balitang OFW (1,258)
  • Exchange Rate (56)
  • kwentong OFW (1,170)
  • OFW JOBS (81)
  • OFW TIPS (212)
  • PINAS NEWS (215)
  • tulang OFW (9)
  • WORLD NEWS (131)

Most Popular -Day

  • OFW sa UAE Nanalo Ng Dh500,000 Sa Mismong Araw ng Anibersaryo ng Pagkamatay ng Anak
  • Lebanon To Implement Lockdown For Three Week Over Soaring Number of Cases
  • OFW Mother Gives Birth At The Airport’s Restroom
  • 250 Domestic Worker Recruitment Agencies Shut Down In UAE

Most Popular – Week

  • OFW Dependent Scholarship Program
  • WATCH: Footbridge Brawl of Filipinos in Hong Kong
  • “Get Out In Canada- Racist Attacker of A Filipina in Canada, Charged
  • OFW sa UAE Nanalo Ng Dh500,000 Sa Mismong Araw ng Anibersaryo ng Pagkamatay ng Anak

Most Popular – Month

  • Pinoy sa Kuwait Tumalon Mula sa Ika-Walong Palapag Ng Kanyang Tinitirhan
  • “Wala Po Kayong Ambag Sa Kaban ng Bayan,” Says A Representative of Philippine Embassy To …
  • OFW Dependent Scholarship Program
  • DOLE’s AKAP Program Gets Another P1 Billion Budget For OFW Financial Assistance
Copyright © 2021 Kwentong OFW
All Rights Reserved KwentongOFW