Auto Loan

Auto Loan

Your dream car is now within reach! Buy or reimburse your brand new car, or simply get a pre-owned vehicle with the help of our Auto Loan.

Your Quick Guide

Minimum Loan Amount
Php 200,000
Maximum Loan Amount
Php 10,000,000
Terms
Up to 60 months

Features

Get fast loan approval

Enjoy flexible payment terms

Experience personalized service

Eligibility

  • 21 to 65 years old (applicant must not be more than 65 years old upon loan maturity)
  • Filipino citizen, foreign-based Filipino, or foreign citizen residing in the Philippines
  • Salaried or self-employed individuals
  • With minimum gross monthly family income of Php 40,000 (for acquisition of brand new vehicle)
  • With minimum gross monthly family income of Php 50,000 (for acquisition of second-hand/used vehicle)

Auto Loan Calculator

Your computed result:

You can borrow at a monthly installment of:

PHP 

Loan Application

  1. Fill out the Auto Loan Application Form and click Submit.
  2. Wait for an email confirmation to be sent to your nominated email.
  3. Expect a call from our Contact Center within three (3) days from day of submission.

Requirements

FOR SALARIED INDIVIDUALS

  • Filled out and signed application form
  • Certificate of Employment with Compensation
  • Any valid government-issued IDs with photo and signature

FOR OFWS

  • Employment Contract and/or Certificate of Employment
  • Proof of remittance for the last three (3) months

FOR SELF-EMPLOYED 

  • Filled out and signed application form
  • Certificate of Business Registration (photocopy)
  • List of at least 3 clients and/or suppliers with contact details
  • Latest ITR and Audited Financial Statements
  • Bank statements for the last three (3) months
  • Any valid government- issued IDs with photo and signature

ADDITIONAL DOCUMENTS NEEED FOR SECOND-HAND/USED VEHICLE

  • Certificate of Registration and Official Receipt of the unit being purchased (photocopy)
  • LTO blue form stencil
  • Deed of Sale
  • PNP Clearance
  • Macro-etching
*5-year term applicable for Brand New Vehicles only
**Loan Term for second-hand/used vehicles vary depending on the year model of the vehicle

Fees and Charges

Auto Loan's Upfront Appraisal Fee PHP 1,500 for Used Vehicle
Chattel Mortgage Fees To be computed based on the Amount financed & unit being availed (for brand new and used vehicle)
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