Teachers are a very important part of everyone’s life. They are one of the keys for us to accomplish all the things we want in life. Especially children, who are still starting to build their future. That is why we should give thanks and appreciation to all teachers out there. However, a teacher’s monthly salary sometimes isn’t enough for them. Good thing BDO Salary Loan for Teachers is now available. If you want to know more about the salary loan for teachers, this might help you.
BDO Salary Loan for Teachers Guidelines
Loan Requirements:
- For New Applicant/Borrower
- 2×2 ID picture
- 2 Valid IDs (Photocopy)
- Appointment Letter (Photocopy)
- Latest Original Payslip 3 months (Photocopy)
- GSIS Wireless Automated Processing System (GWAPS)
- Here’s how to get GWAPS: LOGIN>SOMA>OUTSTANDING BAL>LOAN BAL INDEX
- For Renewal or Re-loan
- Latest Original Payslip 3 months
- Valid IDs (Photocopy)
- GSIS Wireless Automated Processing System (GWAPS)
- Here’s how to get GWAPS: LOGIN>SOMA>OUTSTANDING BAL>LOAN BAL INDEX
Loan Terms and Conditions
- Loan Amount
- Minimum: Php 10,000
- Maximum: Php 750,000
- Loan Terms
- Minimum: 1 year
- Maximum: 3 years
- Interest Rate
- 0.625% monthly
- 3.99% yearly
- No Co-Maker Needed
- Free ATM Mastercard
- No Penalty
- No Hidden Charges
- 24/7 Cash Withdrawal
- Convenient Payment via APDS
- Loan Covered with Life Insurance
- The loan can be processed in the school
Loan Table
| Maximum Loanable Amount | Loan Amortization | Net Proceeds |
| 750,000 | 23,329.66 | 705,000.00 |
| 700,000 | 21,774.35 | 658,000.00 |
| 650,000 | 20,219.04 | 611,000.00 |
| 600,000 | 18,663.73 | 564,000.00 |
| 550,000 | 17,108.42 | 517,000.00 |
| 500,000 | 15,553.11 | 470,00.00 |
| 450,000 | 13,997.80 | 423,00.00 |
| 400,000 | 12,442.49 | 376,000.00 |
| 350,000 | 10,887.18 | 329,000.00 |
| 300,000 | 9,331.87 | 282,000.00 |
| 280,000 | 8,70974 | 263,000.00 |
| 260,000 | 8,087.62 | 244,000.00 |
| 250,000 | 7,776.55 | 236,875.00 |
| 240,000 | 7,465.49 | 227,400.00 |
| 230,000 | 7,154.43 | 217,925.00 |
| 220,000 | 6,843.37 | 208,450.00 |
| 210,000 | 6,532.31 | 198,975.00 |
| 200,000 | 6,221.24 | 189,500.00 |
| 190,000 | 5,910.18 | 180,025.00 |
| 180,000 | 5,599.12 | 170,550.00 |
| 170,000 | 5,288.06 | 161,075.00 |
| 160,000 | 4,976.99 | 151,600.00 |
| 150,000 | 4,665.93 | 142,125.00 |
| 140,000 | 4,354.87 | 132,650.00 |
| 130,000 | 4,043.81 | 123,175.00 |
| 120,000 | 3,732.75 | 113,700.00 |
| 110,000 | 3,421.68 | 104,225.00 |
| 100,000 | 3,110.62 | 94,750.00 |
| 90,000 | 2,799.56 | 85,275.00 |
| 80,000 | 2,488.50 | 75,800.00 |
| 70,000 | 2,177.44 | 66,325.00 |
| 60,000 | 1,866.37 | 56,850.00 |
| 50,000 | 1,555.31 | 47,375.00 |
| 40,000 | 1,244.25 | 37,900.00 |
| 30,000 | 933.19 | 28,425.00 |
| 20,000 | 622.12 | 18,950.00 |
| 10,000 | 311.06 | 9,475.00 |
How to Apply?
If you want to apply for a BDO Salary Loan for Teachers, you may visit their official website: BDO or you may contact them using this contact number for more information (082) 233-7777.
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