Free loan up to PHP 10 000, for each new client!

It is the first service that works with customers in online mode, without the help of a human operator! Its operation is fully automated. Any day of the week, regardless of time, holidays or non-working days, loans instantly. The Digido is a new and improved software that can automatically study more than 1800 data of a client, based on the information of your form.

Home » Articles » BDO Teacher Salary Loan

All about BDO Teachers Salary Loan

Last updated: July 2, 2024

Written by: Digido Financial Writers Team | Reviewed by: Anna Kireeva

Key takeaways:

  • The BDO Network Bank is a community bank that aims to promote financial inclusion in the Philippines.
  • BDO DepEd Salary Loan is one of its important services to support the aspirations and needs of teachers and other non-teaching personnel of DepEd.
  • With the cooperation of the Department of Education, the Automatic Payroll Deduction System was included which is a boon to those in the teaching profession.
  • The DepEd aims to prevent and eliminate illegal and unauthorized deductions from the salaries of teachers except under the authority of law authorizing such deductions.

About BDO Philippines

BDO Network Bank operates as a subsidiary of BDO Unibank, Inc., the largest bank in the Philippines. BDO acquired the bank which is formerly known as One Network Bank, Inc or ONB through a share swap transaction covering 99.59 percent of the outstanding capital stock of ONB. The Bank’s network of more than 300 branches and over 280 automated teller machines, most of which are located in countryside Mindanao, is complemented by access to BDO’s nationwide network of more than 1,000 branches and over 3,500 ATMs nationwide. The combination of BDO’s financial strength and ONB’s regional presence will definitely create new opportunities for growth. ONB has around 30 billion in assets which is just about 1.5 percent of BDO’s total assets. Even though ONB is small, the acquisition will enhance long-term gains by focusing on microfinance loans, especially in Mindanao. BDO’s presence will be expanded in the fast-developing markets of Southern Philippines and will give access to consumers in that area.

BDO acquired ONB in July 2015. At the time, ONB has more than 120 branches and over 220 ATMs most of which are located in Mindanao. One Network Bank or ONB is a rural bank in the Philippines based in Davao City. It was established in 2004 through the consolidation of three rural banks in that area. ONB is the largest rural bank in the Philippines in terms of assets with a network of 96 branches throughout the provinces of Mindanao, including one branch in Makati and another one in Iloilo City. With the support of its parent bank, the bank aims to provide more innovative banking solutions to its growing customer base not only in Mindanao but throughout the country.

The central bank has authorized the change of name of One Network Bank, Inc to BDO Network Bank and can now do business under the names and styles of BDO Network Bank, BDO Network Bank, a rural bank, and BDO Network, a rural bank. BDO Network Bank, Inc. is regulated by the Bangko Sentral ng Pilipinas.

Get fast loan up to PHP 25,000 at Digido today!
  • Apply with only 1 Valid ID
  • 0% interest for first loan
  • Fast approval in 5 minutes

DepEd and BDO Help for Filipino Teachers

The BDO Network Bank offers loan to permanent employees of the Department of Education. The BDO salary loan for teachers can be paid through the Automatic Payroll Deduction System (APDS). BDO is the largest lender in the country, with assets of Php 2.89 trillion and capital of Php 337.73 billion, while BDO Network Bank has assets of Php 27.16 billion and capital of Php 4.78 billion.

Salary loan offers one of the major recourse for most people in times of emergency. Many teachers are evidently seeking cash assistance to make ends meet. The BDO DepEd salary loan is one way of alleviating the financial burdens suffered by teachers in the country.

BDO’s subsidiary, BDO Network Bank offers several types of loans to the public, one of which is the BDO Network bank salary loan. Teachers loan BDO is also offered to non-teaching personnel of the schools which are under the Department of Education. With regards to the payment for the loan, BDO teachers loan can be paid through the Automatic Payroll Deduction System of the regional offices of DepEd. It can also be done through payroll deduction system of empowered or independent schools.

The BDO DepEd Salary Loan is a lifeline for teachers in the Philippines especially when many are always looking for cash assistance due to low salaries. The Department of Education is cognizant of the low salaries in education thus, it seeks to fulfill its responsibility to boost the welfare and working conditions of all personnel of the department. With the partnership of several banks, in this case, the BDO One Network, Inc., teachers will be able to improve their financial condition with teachers loan BDO. Moreover, it only needs a payroll and a few documents to prove their profession, making an application to BDO Network Bank easy and stress-free.

Learn about
Multi-Purpose Loans in the Philippines

BDO Network Loan Table for Teachers 2024

Maximum Loanable Amount, PHP Loan Amortization, PHP Net Proceeds, PHP
750,000.00 23,329.66 705,000.00
700,000.00 21,774.35 658,000.00
650,000.00 20.219.04 611,000.00
600,000.00 18.663.73 564,000.00
550,000.00 17.108.42 517,000.00
500,000.00 15,553.11 470,00.00
450,000.00 13.997.80 423,00.00
400,000.00 12.442.49 376,000.00
350,000.00 10.887.18 329,000.00
300,000.00 9.331.87 282,000.00
280,000.00 8.70974 263,000.00
260,000.00 8.087.62 244,000.00
250,000.00 7,776.55 236,875.00
240,000.00 7,465.49 227,400.00
230,000.00 7,154.43 217,925.00
220,000.00 6,843.37 208,450.00
210,000.00 6,532.31 198,975.00
200,000.00 6,221.24 189,500.00
190,000.00 5,910.18 180,025.00
180,000.00 5,599.12 170,550.00
170,000.00 5,288.06 161,075.00
160,000.00 4,976.99 151,600.00
150,000.00 4,665.93 142,125.00
140,000.00 4,354.87 132,650.00
130,000.00 4,043.81 123,175.00
120,000.00 3,732.75 113,700.00
110,000.00 3,421.68 104,225.00
100,000.00 3,110.62 94,750.00
90,000.00 2,799.56 85,275.00
80,000.00 2,488.50 75,800.00
70,000.00 2,177.44 66,325.00
60,000.00 1,866.37 56,850.00
50,000.00 1,555.31 47,375.00
40,000.00 1,244.25 37,900.00
30,000.00 933.19 28,425.00
20,000.00 622.12 18,950.00
10,000.00 311.06 9,475.00

BDO DepEd Salary Loan requirements

The BDO loan requirements for teachers who are new applicants include three months’ latest original payslip, one 2×2 ID picture, a photocopy of 2 valid IDs (DepEd ID, PRC ID, or any other 2 valid IDs), and a photocopy of the Appointment Letter with the original copy for verification.

The requirements for Loan Renewal or Re-Loan are three months’ latest original payslip and a photocopy of 2 valid IDs (DepEd ID, PRC ID, or any 2 valid IDs).

Learn More
How to get loans online without bank account

BDO Teachers loan terms and amounts

BDO Network Bank offers loans to qualified teachers a minimum amount of
Php 10,000.00 to a maximum amount of Php 750,000.00 with a minimum loan term of 1 year and a maximum loan term of 3 years. It charges a monthly interest rate of 0.625% with a nominal interest rate of 3.99% per annum.

BDO Network Bank has no penalty or hidden charges and does not require a co-maker. Other advantages include 24/7 cash withdrawal of loan proceeds through PeraAgad ATM master card, free ATM Master Card for new loans, convenient payment through APDS, loan is covered with Life Insurance and can be processed within the school.

Digido loan before payday

Rejected by Traditional Banks? Get approved for a loan with Digido, even if you’ve faced rejections before. Apply for a quick loan with just 1 government valid ID. Calculate your pre-approved loan amount with Digido calculator:

I want to borrow ₱ 10000
Min: ₱ 1000
Max: ₱ 20000
Payment Terms 10 days
7 days
21 days
My Monthly Gross Income ₱ 20000
You return*: 10 000
All your data is under secure protection!
We recommend taking a loan!

* Interest payments are approximate. The final loan amount and interest rate must be confirmed in your loan agreement after loan approval.

Learn More
How do I Pay with Dragonpay?

The BDO Teachers Salary Loan Table 2024 5 Years

Teachers can avail of the BDO 5 years term salary loan offering a principal amount of Php 100,000.00 with a number of installments of 60 months at Php 2,108.02 monthly installments. The contractual interest rate is 9.660% per annum and 0.805% per month with a nominal interest rate of 5.296%. The Effective Interest Rate (EIR) is 13.082% per annum and 1.030% per month.

You can look at the BDO loan table for teachers. In the tables, you will find the loan amount, net proceeds, interest rates, and loan terms including the monthly payments.

Installment Period Gross Loan Principal Interest Other Charges NET PROCEEDS Cash Flows
0 100,000.00 6,000.00 94,000.00
1 1,303.02 805.00 (2,108.02)
2 1,313.51 794.51 (2,108.02)
3 1,324.08 783.94 (2,108.02)
4 1,334.74 773.28 (2,108.02)
5 1,345.49 762.53 (2,108.02)
6 1,356.32 751.70 (2,108.02)
7 1,367.24 740.78 (2,108.02)
8 1,378.24 729.78 (2,108.02)
9 1,389.34 717.68 (2,108.02)
10 1,400.52 707.50 (2,108.02)
11 1,411.80 696.22 (2,108.02)
12 1,423.16 684.86 (2,108.02)
13 1,434.62 673.40 (2,108.02)
14 1,446.17 664.85 (2,108.02)
15 1,457.81 650.21 (2,108.02)
16 1,469.54 638.48 (2,108.02)
17 1,481.37 626.65 (2,108.02)
18 1,493.30 614.72 (2,108.02)
19 1,505.32 602.70 (2,108.02)
20 1,517.44 590.58 (2,108.02)
21 1,529.65 578.37 (2,108.02)
22 1,541.97 566.05 (2,108.02)
23 1,554.38 553.64 (2,108.02)
24 1,566.89 541.13 (2,108.02)
25 1,579.50 528.52 (2,108.02)
26 1,592.22 515.80 (2,108.02)
27 1,605.04 502.98 (2,108.02)
28 1,617.96 490.06 (2,108.02)
29 1,630.98 477.04 (2,108.02)
30 1,644.11 463.91 (2,108.02)
31 1,657.35 450.67 (2,108.02)
32 1,670.69 437.33 (2,108.02)
33 1,684.14 423.88 (2,108.02)
34 1,697.69 410.33 (2,108.02)
35 1,711.36 396.66 (2,108.02)
36 1,725.14 382.88 (2,108.02)
37 1,793.02 369.00 (2,108.02)
38 1,753.02 355.00 (2,108.02)
39 1,767.14 340.88 (2,108.02)
40 1,781.36 326.66 (2,108.02)
41 1,795.70 312.32 (2,108.02)
42 1,810.16 297.86 (2,108.02)
43 1,824.73 283.29 (2,108.02)
44 1,839.42 268.60 (2,108.02)
45 1,854.22 253.80 (2,108.02)
46 1,869.15 238.87 (2,108.02)
47 1,884.20 223.82 (2,108.02)
48 1,899.37 208.65 (2,108.02)
49 1,914.66 193.36 (2,108.02)
50 1,930.07 177.95 (2,108.02)
51 1,945.61 162.41 (2,108.02)
52 1,961.37 146.75 (2,108.02)
53 1,977.06 130.96 (2,108.02)
54 1,992.97 115.05 (2,108.02)
55 2,009.01 99.01 (2,108.02)
56 2,025.19 82.83 (2,108.02)
57 2,014.19 66.53 (2,108.02)
58 2,057.92 50.10 (2,108.02)
59 2,074.49 33.53 (2,108.02)
60 2,091.19 16.83 (2,108.02)
Total 100,000.00 26,480.68 6,000.00

How to get a Teachers loan in BDO

One of the most popular loan offers is the BDO DepEd salary loan for teachers and other permanent school employees. To apply for teachers loan BDO, you can visit your nearest BDO Network Bank branch and submit the necessary requirements. ❗ You can loan up to Php750,000 and enjoy low-interest rates through the Automatic Payroll Deduction System, for a maximum loan term of 5 years. You will also enjoy several benefits which are not offered by other commercial banks in the country.

To get a teachers loan at BDO Network Bank, you can visit your nearest bank branch or visit their official website and make inquiries. You may also reach out to the bank through an electronic mailing address (email) or call their helpline. You can refer to their contact information.

Learn More
Quick Loan For Unemployed

BDO Teachers Loans Benefits

● No co-maker
● Nominal interest rate
● High net proceeds
● Loan is covered by life insurance
● No penalty
● No hidden charges
● 24/7 cash withdrawal of loan proceeds through PeraAgad ATM Master Card
● Free ATM Master Card for new loans
● Convenient payment through Automatic Payroll Deduction System
● Loan can be processed within the school

The BDO Network Bank is a community bank that aims to promote financial inclusion by offering products and services that are custom-made to the needs of communities, especially to the unserved and underserved areas in the Philippines. BDO Network Bank reaches out to customers even in rural areas where banks and other financial institutions are not available. BDO governance practices are consistent with that of its parent bank namely, accountability, transparency, integrity, fairness, and performance.

Learn about
Fast Loan in 15 Minutes

Digido Reviews

  • Janrose
    Very considerate, they will give you enough time to settle or renew your loan with minimum interest.
  • Erik
    Digido is very efficient. The approval is quick as long as you accomplish the requirement. I am totally satisfied, thank you Digido for the prompt assistance.
  • Noel
    Fast approval and cash disbursement. They have considerations. They are very professional and without any harrassment in reminding payment unlike other loaning app. Recommendable site!👍
  • Marie
    It's my first time. It took just about 5 minutes and I was approved in an instant. Very helpful.
  • Arnold
    It was a very good transaction, fast disbursement and no interest for first time loan. Thank you Digido!
Submit review
Submite review
Thank you for review!
Exclusive loan offers and money tips await your subscription!
Leave your email, and we'll help you find a better loan quickly
Thank you!


Disclaimer: This article was written based on information available to the writer at the time of publication and the article was published for promotional, reference, and educational purposes only. Nothing in the articles published in the website is intended to constitute legal or financial advice and users are advised to seek counsel from legal and financial professionals.

Likewise, rates or offers published in the websites are promotional marketing offers only and do not constitute any binding contract between the Corporation and the website users.While the writers and publishers of the articles in the website wrote the articles using credible information available to them at the time of publication, any changes or updates to the information presented in this article may not be reflected here.

Hence, users are enjoined to exercise appropriate diligence in using the data and information published in the website, and they are urged to study and compare it with other credible sources. Users understand that the writers, publisher, website owner and the Corporation are not liable for any damage or injury they sustained for their wrongful or erroneous use of the data or information written in the article and published in the website.

Note: The information presented in the tables is subject to change and borrowers are advised to contact their chosen bank/ financial entity directly for the updated information

Learn More
Motorcycle Loan

Rating (5/5) 204 voted. Rate us

Download the Digido mobile app and get loan instantly!

  • Borrowing 24/7
  • Approval rate over 90%
  • 1 Valid ID

Loan money online now!

Written by: Digido Financial Writers Team

Author pages:
Digido Financial Writers Team is a team of experts in the field of finance and credit, specializing in writing articles for Digido blogs.

Reviewed by: Anna Kireeva

Author pages:
Anna is a marketing communications professional who specializes in digital marketing strategies and long-form content.