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Auto Loan

Auto Loan

Published on: May 21, 2021

Drive Home Your Dream Car Today

Why wait for tomorrow when you can put the pedal to the metal now with the best low rate offers on auto loan in town. It's fast, easy and hassle-free online car loan application. You have to options to choose from: Auto Finance Loan (OR/CR) and Auto Loan (Pre-loved units).

Who Can Apply For An Auto Loan?

All employed and self-employed individuals within the covered areas with minimum gross monthly income of ₱25,000 and meeting all eligibility requirements may take advantage and apply.

How Would I Know If I Am Within The Covered Area?

We want to make things easy and simple! We'll do the hard work for you and find out if the area where you are located in right now is within the covered area...and here's the answer: You are outside the covered area. Please check back soon.

Auto Loan (Pre-loved Units)

Loan Type : Conumer Loan
Loanable Amount : ₱100,000 up to ₱1,000,000
Loan Terms : 12, 18, 24, 36, 48 mos
Interest Rates : 1.00% - 1.50%
Payment Option : Post Dated Check

Note: The range of monthly interest rate specified above may change at anytime without prior notice.

Acceptable Year Model, Down Payment and Interest

Model Down Payment 12 mos 18 mos 24 mos 36 mos 48 mos
2017 - Up 20 - 25% 1.00% 1.10% 1.20% 1.20% 1.20%
2012 - 2016 25 – 30% 1.00% 1.10% 1.20% 1.20% 1.20%
2007 - 2011 30 – 35% 1.10% 1.20% 1.30% 1.30% 1.30%
2006 - 2008 40% 1.30% 1.30% 1.30% 1.30% 1.50%

Eligibility Requirements

  • Must be a Filipino citizen aged between 21 and 60 years old
  • Presently employed or self-employed for at least 2 years
  • With minimum gross monthly income of ₱25,000
  • With home landline or postpaid mobile number
  • Must be residing within the covered areas
Auto Finance Loan

Documentary Requirements

  • Front and back copy of 2 valid government issued primary IDs with photo and signature
  • Latest proof of billing
  • Proof Of Income

      For Employed :
    • Front and Back copy of company ID
    • Latest 2 months payslip
    • Signed 2020 ITR

      For Self-Employed :
    • Unexpired DTI|SEC Registration
    • Latest Business Permit
    • Latest 3 months bank statement
    • 2020 ITR with AFS and Trade Reference
  • Other documents as may be deemed required

Auto Finance Loan (OR|CR)

Loan Type : Conumer Loan
Loanable Amount : ₱100,000 up to ₱800,000
Loan Terms : 12, 18, 24, 36 mos
Interest Rates : 1.40% - 2.25%
Payment Option : Post Dated Check

Note: The range of monthly interest rate specified above may change at anytime without prior notice.

Eligibility Requirements

  • Must be a Filipino citizen aged between 21 and 60 years old
  • Presently employed or self-employed for at least 2 years
  • With minimum gross monthly income of ₱25,000
  • With home landline or postpaid mobile number
  • Must be residing within the covered areas
  • Note: Documentary reqquirements are the same with Auto Loan (Pre-Loved Units).

Acceptable Year Model and Interest

Model 12 mos 18 mos 24 mos 36 mos
2017 - Up 1.40%
2012 - 2016 1.50%
2007 - 2011 1.60%
2006 - 2008 1.75% 2.00% 2.25% 2.25%
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