5BDF

Aug 24, 2022

SPEAKER:
Audrey Mae Pedroso
BPI SALARY LOAN EMPLOYEE PROGRAM
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
5BDF CORPORATION: EMPLOYEE ORIENTATION

PLEASE REGISTER & SEND YOUR FEEDBACK:

https://tinyurl.com/BPISalaryLoans

THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
BPI Salary Loan Employee Program
Preferred low interest salary loan program for employees of 5BDF CORP under Salary Loan
Employee Program with 12 month payment term via automatic debit arrangement. Some of
the most common needs where the loan is used are as follows:

__________________________________________
Hospitalization Education House Equity Debt Emergency
renovation/repairs Consolidation

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 BPI Salary Loan
5BDF CORP.
Employee Program
LOANABLE AMOUNT PHP 10,000 – PHP 1,000,000

TENOR 12 months
MONTHLY ADD-ON RATE .88%
PROCESSING FEE (deducted from loan proceeds) PHP 500
DST – Php 1.50 for every Php200
OTHER FEES (deducted from loan proceeds) Loan amount > Php 250k for business purpose

Accomplished application form endorsed by (any one)

Robin Robins III or Jeff Lingad
REQUIRED DOCUMENTS Three (3) months pay slips OR Latest ITR OR COE
Company ID with signature, Gov’t issued ID

COMMON BOOKING DATE / DUE DATE Every 30th of the month

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 BPI Salary Loan Regular Personal Loan
Employee Program Application

 Filipino citizen & at least 21 years  Filipino citizen & at least 21 years
old but not more than 60 years old Age & Citizenship
old but not more than 60 years old
upon loan maturity Requirement
upon loan maturity
Minimum Income
 Php10,000 Requirement Php20,000

 Regular employee of at least 1 year Tenure Requirement  Regular employee of at least 2 years

 Php500
Processing Fee  Php1,500
 Up to 3x Gross Monthly
Income  Up to 3x Gross Monthly
Loanable Amount
Income
 .88% Monthly Add On Rate
Interest Rate  1.20 % Monthly Add On Rate
 Dedicated SL Team
Customer Support  889-10000
 ADA Due Date Coincides with
Payroll Schedule  Auto Debit Arrangement
Payment

THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
100,000 12
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
HR to Recommended loan and Basic Monthly Salary

THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
 Salary Loan Application/Booking Process

__________________________________________________________________________________________________
HR to endorse BPI to process loan app SMS Advisory for Promissory Note Booking &
accomplished form to Conduct Credit Checking Approved, signing at your Crediting of Loan
plemployeeprogram@bpi.com.ph 5- 7 banking days Disapproved & nearest BPI Proceeds net of
Deferred Loan Branch Processing Fee/
Application Doc Stamps

REMINDERS
 Input correct mobile no. & email address
 Submit required documents (ex. ITR/ID)
 Contact the bank if you don’t receive SMS notification after 5-7 banking days
 Complete all fields in the application form.

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 Monthly Amortization
Loan Amount Loan Term Loan Amount Monthly
P10K P10K Add-On Rate
to 12 to .88%
P1M P1M
At 0.88% Monthly add-on rate
Loan Amount 12 months 18 months 24 months 30 months 36 months
Monthly Add-On Rate 0.88% 0.88% 0.88% 0.88% 0.88%
Contractual Rate 18.95% 19.15% 19.12% 19.00% 18.85%
10,000 921 644 505 421 366
20,000 1,843 1,287 1,009 843 732
30,000 2,764 1,931 1,514 1,264 1,097
50,000 4,607 3,218 2,523 2,107 1,829
80,000 7,371 5,148 4,037 3,371 2,926
100,000 9,213 6,436 5,047 4,213 3,658
150,000 13,820 9,653 7,570 6,320 5,487
300,000 27,640 19,307 15,140 12,640 10,973
400,000 36,853 25,742 20,187 16,853 14,631
500,000 46,067 32,178 25,233 21,067 18,289
1,000,000 92,133 64,356 50,467 42,133 36,578
12 THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
Contractual Interest Rate
An annualized interest rate that uses the diminishing principal loan balance when computing for your
interest payments.

This implies that your interest payment is computed only for the unpaid loan amount.

THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
Contractual Interest Rate
Sample Amortization Schedule:

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One Time Interest Differential
I need the loan proceeds earlier. How do I arrange for this?
There will be a one-time interest differential which shall be included in your first monthly
installment. If you are okay with this arrangement, you will be required to sign an
amendment form aside from the Promissory Note and Amortization Schedule.

How much is the one-time interest differential?

Daily interest
x
Number of days from advanced booking date to the common booking date

Ex. Loan will be booked on Aug 26, 2022

Daily interest x 5 days (Aug 26 to Aug 30)

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One-Time Interest Differential
How much is the one-time interest differential?
At 0.88% Monthly add-on rate Ex. Loan will be booked on Aug 26, 2022

Daily interest x 5 days (Aug 26 to Aug 30)

Loan Amount Est. Daily Interest
10,000 <= Php 10 If Loan Amount is Php100,000
20,000 <= Php 15 = Php 55 * 5
30,000 <= Php 20 = Php 275
50,000 <= Php 30
1st due date (Sep 30): Monthly Amortization + one-time int. diff.
80,000 <= Php 45 = Php 9,213 + Php 275
100,000 <= Php 55 = Php 9,488
150,000 <= Php 80
2nd due date onwards (Oct 30) : Php 9,213
300,000 <= Php 160
400,000 <= Php 210
500,000 <= Php 270
1,000,000 <= Php 525
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
FAQs
What happens if I miss a payment or my BPI Payroll account is not sufficiently
funded on my due date?
Any delays in payment will incur a late payment charge of 5% of due amount.
Example:
Due Date: Aug 30, 2022
Due Amount: Php 9,213.33
Actual Payment Date: Sep 5, 2022
Late payment charge: Php 9,213.33 * 5% or Php 460.67
*Total Amount Due: Php 9,213.33 + 460.67 or Php 9,674.00

*Contact BPI Collections to get the computation of your past due amount and fund your
BPI payroll account.

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Factors That Determine Loan Approval

Credit History Outstanding Debt

Cancelled Credit Cards, The bank would take into
Past Due Loans are part account an individual’s
of the Credit Checking outstanding debt to measure
made by the bank when an individual’s ability to
granting loans manage monthly payments.
Payment History Proof of Income
Payment history includes 3 months pay slip, ITR,
credit cards, mortgages & other sources of income
car payments (Loanable amount: up to
3x GMI)

THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
 Factors That Determine Loan Approval
Loan Amount & Term: Php 100,000 for 12 months

Remaining Money: Php 5,000

Monthly Debt/Expenses Gross Monthly Income

-Php 10,000 -Php 10,000

-Php 5,000 -Php 5,000 Php 35,000

At 0.88% Monthly add-on rate
Loan Amount 12 months 18 months 24 months 30 months 36 months
Monthly Add-On Rate 0.88% 0.88% 0.88% 0.88% 0.88%
Contractual Rate 18.95% 19.15% 19.12% 19.00% 18.85%
10,000 921 644 505 421 366
20,000 1,843 1,287 1,009 843 732
30,000 2,764 1,931 1,514 1,264 1,097
50,000 ?4,607 3,218 2,523 2,107 1,829
80,000 7,371 5,148 4,037 3,371 2,926
100,000 9,213 6,436 5,047 4,213 3,658
150,000 13,820 9,653 7,570 6,320 5,487
300,000 27,640 19,307 15,140 12,640 10,973
400,000 36,853 25,742 20,187 16,853 14,631
500,000 46,067 32,178 25,233 21,067 18,289
1,000,000 92,133 64,356 50,467 42,133 36,578
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
FAQs
How do I follow up on the status of my application?
An SMS notification will be sent to your declared mobile number to update you on the status of your
application.

How do I pay for my monthly amortization?

Monthly installment is automatically deducted from your BPI Payroll Account.

Are there other fees and charges?

Documentary Stamps Tax (DST) is Php 1.50 for every Php 200 for loans more than Php 250,000 or if
loan purpose is for business use.

How much will be credited to my account once booked?

Your loan proceeds will be net of your loan processing fee and DST (if applicable).

THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
FAQs
What happens if I resign from the company?
Upon notice from your HR representative, BPI will request to deduct from your
final pay the outstanding balance of your loan.

What if my final pay is not enough to cover for the outstanding balance?
You have the option to pay the remaining balance over the counter or apply for a
regular Personal Loan subject to credit approval.

Can I re-avail of a loan?

Yes, upon payment of your existing Personal Loan.

THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
BPI Contact Persons
Application Concerns
Audrey Mae Pedroso amtpedroso@bpi.com.ph 0917-599-8563
Ana Erika Mislang aeamislang@bpi.com.ph 8580-0608

Online Registration
bit.ly/PLEmployeeProgram

24/7 BPI Contact Center

889-10000

Collections Concerns
Grace Portillano mgbportillano@bpi.com.ph 8580 3670
Hannah D Quezon hdquezon@bpi.com.ph
THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.
PLEASE REGISTER & SEND YOUR
FEEDBACK:
https://tinyurl.com/BPISalaryLoans

• Communications sent to SL Partners:

Viber, SMS or eDM

• We also will do bi-annual or quarterly

orientations if necessary.

THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. FOR INTERNAL USE ONLY.