Benefits
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Fixed monthly installments

Pay your hospital expenses in fixed monthly installments.

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Low add-on rate

Get as low as 0.75% monthly add on rate for 36 months.

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Fast processing

Have your application processed in as fast as 5 banking days.

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Use 100% of your available limit

Avail up to 100% of your credit limit.

Don't miss out on the latest promotions
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Real 0% Special Installment Plan (SIP)

Get additional credit limit for your installment transactions with your BPI Credit Card.

SIP with Monthly Add-On

Pay for your purchases at low monthly installment add-on rate at our partner merchants.

Special Installment Plan at Partner Health and Wellness Merchants

Enjoy a special installment plan of up to 24 months with our health, wellness, hospitals, clin
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Real 0% S.I.P. at partner home improvement merchants

Enjoy a special installment plan of up to 24 months with our partner home improvement merchant

BPI Promotions

Check out the latest offers, deals, and discounts when you shop using your BPI Card.
Rates

Term

Monthly
AOR

Factor rate

EIR PA

3

1.00%

0.343333

17.91%

6

1.00%

0.176667

20.29%

9

1.00%

0.121111

21.11%

12

0.75%

0.090833

16.22%

18

0.75%

0.063056

16.42%

24

0.75%

0.049167

16.43%

360.75%0.035278

16.24%

Notes:

  • Effective Interest Rate (P.A) of 16.24% on 36-month term.
  • A service fee of Php 300 will be charged for each S.I.P. Loan Availment. This fee will be reflected in the succeeding statement of account.
  • Rates are effective November 3, 2020 until further notice in compliance with BSP Circular 1098.

 

Sample interest computation for S.I.P. for Hospital

Loan amount: Php 20,000.00
Term: 12 months
Add-on Rate (per month): 0.75%
Effective Interest rate (per month): 1.35%
Factor Rate: 0.090833
Monthly Amortization: Php 1,816.67
Total Interest: Php 1,800.00

MonthS.I.P. Loan Monthly amortization  Interest Principal paymentsOutstanding principal balance

0

20,000

 

0

0

20,000

1

 

1,816.67

270.27

1,546.39

18,453.61

2

 

1,816.67

249.38

1,567.29

16,886.32

3

 

1,816.67

228.20

1,588.47

15,297.85

4

 

1,816.67

206.73

1,609.94

13,687.91

5

 

1,816.67

184.97

1,631.69

12,056.22

6

 

1,816.67

162.92

1,653.74

10,402.48

7

 

1,816.67

140.58

1,676.09

8,726.39

8

 

1,816.67

117.93

1,698.74

7,027.65

9

 

1,816.67

94.97

1,721.70

5,305.95

10

 

1,816.67

71.70

1,744.96

3,560.99

11

 

1,816.67

48.12

1,768.54

1,792.44

12

 

1,816.67

24.22

1,792.44

0.00

Avail S.I.P. for Hospital now

Simply call (+632) 889-10055, visit any BPI branch near you, or request for a callback via BPI Help and Support.

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