The country’s first-of-its-kind home loan offering with free savings accounts is being offered to BPI Family Savings Bank (BFSB) clients.
The largest thrift bank in the country announced offering as much as Php 100,000 to housing loan clients in response to the robust demand for housing in 2019 and to enable more Filipino families to acquire their dream homes and secure their future.
“We continue to see strong demand for housing loans as more people have more disposable income. Aligned with BPI group’s push for financial inclusion, we believe that every Filipino family deserves a chance to acquire their dream home. As a bonus, we are also giving successful applicants up to Php 100,000 worth of initial savings,” said Ginbee Go, BFSB President.
Through the latest Family Housing Loan Promo, a client who avails of a housing loan can earn up to Php 100,000 in a savings account under his or her name. For every Php 1 million approved loan amount, a client will be given Php 10,000 in a BPI Maxi Saver or Pamana Savings account, up to a maximum of Php 100,000 for a loan of at least Php 10 million.
Ms. Go said BFSB hopes to address the need of many Filipinos for housing and savings, which contribute to overall financial health.
Clients may choose the Maxi Saver account (with higher yielding interest) or the Pamana Savings account (bundled with insurance coverage), which will be made available after two months of amortization payments. The promo is available until May 31, 2019, only.
To know if you are qualified to avail of a home loan, please visit their website, https://cal.bpihousingloans.com.