Ka-Negosyo sa Pasko Promo

General policies

1. These Terms and Conditions govern the BPI Business Banking 2024 Ka-Negosyo sa Pasko Promo for all qualified customers, who meet the eligibility requirements prescribed hereunder.

2. The BPI Business Banking Agreement and Supplemental Terms and Conditions, Terms and Conditions governing the use of BPI’s Products, Services, Facilities and Channels, and the BPI Data Privacy Statement, are hereby incorporated by reference and shall form an integral part hereof.

Eligibility and participation

1. The promo period will run from October 16, 2024 to January 31, 2025, and shall be open to new Ka-Negosyo Credit Line (KCL) applications only of existing and new BPI Business Banking customers.

2. Eligible Ka-Negosyo Credit Line (KCL) Programs include: 

• KCL Standard Route 
• KCL Renewals 
• KCL Pre-Qualified (PQ) Programs 
• Not included: Back-to-Back Loans, Investor Loan, KCL Hypothesis Testing

3. During the promo period, the annual fee for new KCL is discounted for the first year. This applies to complete loan applications submitted through Ka-Negosyo On The Go (KNOTG) online loan application between October 16, 2024, to December 13, 2024, with cut-off at 3:00 PM, and booked on or before January 31, 2025. New KCL applications sourced from pre-qualified or simplified loan application programs are also eligible for this promo.

4. New KCL clients who will maintain at least Php 1 million outstanding balance from December 31, 2024 until January 31, 2025 can enjoy a 0.30% interest rebate. The rebate amount is based on the account’s outstanding balance by January 31, 2025, with a maximum cap of Php 10,000 worth of rebate per eligible account. This will be implemented by March 2025.

5. The discounted annual fee and interest rebate reward will only be applicable to new KCL applications during the promo period. All complete loan applications submitted on December 13, 2024, 3:00 PM onwards will not be eligible for the promo.

Terms and conditions

1. The offers are non-transferable and may only be availed of by the BPI Business Banking customer. 

2. In case of disputes in respect of BPI only and the BPI Business Banking customer’s availment of the Promo, the decision of BPI shall be considered final.  

3. All disputes related to this Promo will only be dealt with if submitted within five (5) banking days from the end of the Promo Period.  

4. The Bank reserves the right to terminate, discontinue, or suspend the Promo at any time.  

5. The Promo shall be periodically reviewed to ensure compliance with BPI’s policies and procedures, BSP rules and regulations and applicable laws.  

6. To the full extent allowed by applicable laws, all warranties, whether expressed or implied by law or statute, are excluded herein. BPI does not make any warranty, express or implied, for any rewards items.  

7. BPI reserves the right to suspend or disqualify any BPI Business Banking customer from further participation in the Promo, if in its judgment, that user has violated the terms and conditions herein. Suspension or disqualification may result in the cancellation of the BPI Business Banking customer’s right of participation and/or the collection of the economic equivalent of all promos enjoyed.  

8. BPI corporate and business customers with employees of BPI and their relatives up to second degree of consanguinity or affinity as DOSRI or sole proprietors are disqualified from joining the promo.

For inquiries and comments, please send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000 or our BPI Business Banking hotline (+632) 7918-2000 and Press 2 for Business Loans.