Drive the car of your dreams with low rates, fast approval and free 1 year car insurance!
Buying a new car has never been easier! Apply for a car loan that fits your lifestyle with flexible payment terms and fast approval.
You can use it for:
|Loan Amount||Up to 80% of purchase price|
|Payment Terms||12 to 60 months|
|Down Payment||As low as 20% of purchase price|
|Maximum Car Age||Up to 11 years old|
|Approval Time||1 banking day*|
|Insurance||Free 1 Year Insurance|
*From receipt of complete application form and requirements
Application Forms: Auto Loan Application Individual and Sole Proprietor
A. BASIC REQUIREMENTS:
B. REQUIREMENTS FOR LOCALLY EMPLOYED:
C. REQUIREMENTS FOR EMPLOYED ABROAD:
D. REQUIREMENTS FOR SELF-EMPLOYED/WITH BUSINESS:
E. ADDITIONAL REQUIREMENTS IF COLLATERAL IS USED/SECOND HAND/IMPORTED VEHICLE:
Scan or take pictures of your ID and proof of income.
Wait for processing and approval (as fast as 1 day!)
“I can now avoid the pains of daily commute, thanks to Security Bank! For a Sales agent such as me, SB car loan was a lifesaver.”Jasmine D.
“Getting free 1 year car insurance with a loan is amazing value. More importantly, applying was a breeze—no hassle and fast approval time.”Miguel A.
|Chattel Mortgage Fee (CMF)||Inclusive of documentary stamp tax, processing fee and notarial fee|
|Collection Fee||3% of unpaid net monthly amortization|
|Late Payment Interest||3% of unpaid net monthly installment|