and Personal Loan customers with due dates of up to April 15, 2020. MANILA -- BDO Unibank said Wednesday it was offering a 60-day payment extension on loan payments for qualified clients to help them cope with the COVID-19 lockdown. BDO announced that it will be providing a 60-day payment extension for qualified Credit Card, Auto, Home, SME, and Personal Loan customers with due dates up to April 15, 2020 in light of the Covid-19 enhanced community quarantine. Banco De Oro Unibank (BDO) We don’t want you to worry … BDO is providing a 60-day payment extension for qualified Credit Card, Auto, Home, SME. BDO is providing a 60-day payment extension for those who are qualified that have loans in the following categories, Auto, Home, SME, and Personal. In compliance with the Bayanihan Act, all customers with a Credit Card, Home Loan, Personal Loan, Auto Loan, Business Mortgage Loan, or Business Express Loan whose loans with ORIGINAL payment due dates that fall within the government-mandated Community Quarantine (ECQ, MECQ) period from March 17 to May 31, 2020 are granted a loan payment extension. The extension will cover credit card, auto, home, SME and personal loan customers with due dates of up to April 15. “We understand that the current situation makes it difficult, even impossible, for everyone to make their payments. Metrobank All Metrobank Car Loan and Home Loan clients with payment due date from March 16 to April 15, 2020, are qualified for a 30-day grace period. BDO Unibank announced a 60-day payment extension for qualified credit card, auto, home, SME and personal loan customers with due dates of up to April 15, 2020. Payment due dates for EastWest loans (auto, personal, mortgage, and EEL) and credit cards will be extended for 30 days for eligible customers. RCBC Bankard cardholders in good standing and with due dates from March 16 to April 15, 2020 can skip their due dates and make a payment 30 days … These will apply for customers with due dates of up to April 15, 2020. BDO announced that it will be providing a 60-day payment extension for qualified Credit Card, Auto, Home, SME, and Personal Loan customers with due dates up to April 15, 2020 in light of the coronavirus disease (Covid-19) … Emails and text advisories will be sent to qualified customers under their payment extension program. In case of your failure to pay, your car can then be taken by the financing company and sold to cover your debt. BDO has earier activated its Business Continuity Plan (BCP) as well as implemented precautionary workplace … In this difficult time, BDO offers what the bank consider as their humble assistance: a 60-day payment extension for qualified Credit Card, Auto, Home, SME and Personal Loan customers with due dates of up to April 15, 2020. Maybank Philippines will be giving a 30-day extension period for auto/car loan, mortgage/home loan, personal loan and salary loan, and credit card to qualified clients. A one-time 60-day grace period for paying loans, including credit card payments, will be allowed under the Bayanihan 2 law to ease the burden of the public amid the coronavirus pandemic.. Republic Act No. 11494, or the Bayanihan to Recover as One Act, directs all banks, financing companies, lending companies, … What happens if you do miss a monthly payment? “We understand that the current situation makes it difficult, even impossible, for everyone to make their payments… This … A chattel mortgage is a form of loan security whereby your loan amount is covered by the movable itself (in this case, the vehicle you purchased).