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Frequently Asked Questions

How to apply for a personal asset loan from BSP?

You can apply for a personal asset loan which has a predetermined repayment schedule consisting of equal sized installments covering principal, interest and fee during the lifetime of the loan. You can apply by contacting a Personal Lending Officer or a Branch Manager at your nearest local BSP Branch.

How to apply for a personal loan?

Complete a Personal Loan Application Form and visit your nearest branch with the following mandatory supporting documents: Valid ID ( Superannuation ID, Driver’s License, Work Permit etc) Employment Contract for contracted workers (Applicable to expatriate customers or customers who are employed on contract basis)

Does BSP take out consumer credit insurance?

Don't put it off, apply for a BSP Personal Loan, it's quick and easy! Consumer Credit Insurance is an added feature and benefit of the BSP Personal Loan Product. With no added costs to you, as part of your loan, BSP will take out Consumer Credit Insurance cover (as amended from time to time) with BSP Life PNG Limited.


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