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No Cash Out Vehicle Loan

ISA PANG KOTSE?

Want another car? Why sell or trade-in your existing car when you can use it to buy another one? Through our No Cash -Out Auto Loan, your existing vehicle can cover the required downpayment and fees for the purchase of a NEW vehicle. Leave with one car, go back with two.

 

Collateral:

Existing vehicle unit or Real Estate for downpayment and new unit to be acquired / purchased

Loan Amount:

Depending on condition and type of vehicle

Payment Terms:

12-48 months


Requirements:

 

EMPLOYED APPLICANTS

Completed Application Form

Two ID pictures (2×2)

Two (2) full-month pay slips

ITR/W2/W2316

Any one (1) valid primary ID (SSS, GSIS, Postal ID, Company ID, Voter’s ID, Driver’s License)

Cedula / Barangay Clearance

 

SELF-EMPLOYED APPLICANTS

Completed Application Form

Two (2) ID pictures (1×1 or 2×2)

Passbook (open for six months)

ITR/W2/W2316

Any one (1) valid primary ID (SSS, GSIS, Postal ID, Voter’s ID, Driver’s License)

Or two (2) secondary IDs (Company ID, PhilHealth)

Latest utility bill (telephone, electricity, water, or cable)

 

CORPORATIONS

Completed Application Form

Corporate/Partnership Registration Certificate

Secretary’s Certificate

Minutes of the Board Resolution stating the authorization of loan application

List of authorized signatory/ies

Mayor’s / Business Permit

Copy of SEC Registration

 

ADDITIONAL DOCUMENTS FOR OFW’S

Proof of Remittance (past three months) or Passbook (past three months)

Copy of live contract

 

ADDITIONAL REQUIREMENT FOR PDC COLLECTION PAYMENTS:

Latest deposit slip (on the checking account) that is not more than one week old.

Division Line