Power Up Your Electric Drive.
Own your next EV or Hybrid without the wait. Get your dream electric vehicle faster with up to 80% financing, loan terms up to 60 months, and competitive interest rates with Security Bank’s EV auto loan.
Electrify Your Drive: Unlock Your EV Auto Loan Today
 From daily commutes to weekend adventures, electric vehicles provide the flexibility you need for your personal life.
Save Big
Enjoy significant savings on fuel and maintenance with our EV auto loan.
Go Green
Reduce your carbon footprint for a healthier planet.
Get Rewarded
Access exclusive government incentives and rebates.
How to apply for an EV Auto Loan?
1
Apply online.
2
Get Approved.
3
Drive your EV.
Own your dream car with financing terms tailored to your needs.
With our EV auto loan, enjoy competitive rates that give you freedom to own the car you want with terms that suit your budget and lifestyle.
Ready to electrify your drive?
Our EV auto loan just got better, making it easier than ever to get into your electric vehicle. We know you’re eager to experience that instant torque and silent ride.
- *Financing of up to 80% of purchase price
- *Loan terms up to 60 months
- Competitive interest rates
- Fast, simple online application
Get your dream EV faster with terms tailored to your needs.
*Applies to select brands and models only
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 At a glance
| Loan amount | Â **minimum of Php 400K up to 80% of purchase price |
| Payment terms | **12 to 60 months |
| Down payment | As low as 20% of purchase price |
| Approval time | *3-5 banking days |
* from receipt of complete application form and requirements
**Applies to select brands and models onlyÂ
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EV Auto Loan Rates
| Term | Standard | With One Month Advance |
| 12 | 6.77% | 6.02% |
| 18 | 9.74% | 8.93% |
| 24 | 14.38% | 13.48% |
| 36 | 21.51% | 20.50% |
| 48 | 29.04% | 27.92% |
| 60 | 37.63% | 36.38% |
Your Dream Car Is Closer Than You Think
Auto Loan
Flexible financing designed to put you in the driver’s seat of your dream car.
Second Hand Cars
Your journey to a used car starts with Security Bank’s auto loan options.
Big Bike
Finance your big bike with ease through Security Bank.
Eligibility
A. FOR INDIVIDUALS
- Filipino citizens who are residents of the Philippines; or Foreign citizens residing in the Philippines, provided, accompanied with a positive endorsement from the company he is affiliated with & a qualified Filipino citizen guarantor or co-maker in place, or
- Filipino citizens who are residing outside the borders of Philippines, provided with qualified Filipino citizen guarantor or co-maker in place.
- Age must be 21 years old but not more than 65 years upon final maturity of the loan.
- Joint monthly gross income of Php 100,000.*
- Employed for at least 2 years or officer position on a permanent / regular basis.
*Subject to acceptable co-borrower guidelines.
B. FOR PARTNERSHIPS AND CORPORATIONS
- Must be duly registered to operate as a legal entity in the Philippines.
- The business must be in operation for at least three (3) years.
C. FOR START-UP BUSINESSES
- Start-ups or businesses operating for less than 3 years, co-makers / sureties are required.
- Must have strong business prospects/potentials based on evaluation.
Required documents
Application Forms: Auto Loan Application Individual and Sole Proprietor
A. BASIC REQUIREMENTS:
- Duly accomplished and signed Auto Loan Application Form
- Valid Government-issued ID (with signature and photo) of borrower/spouse/co-borrower/co-maker/signatories ofthe loan
- Dealer quotation
B. REQUIREMENTS FOR LOCALLY EMPLOYED:
- Latest Income Tax Return (ITR) / BIR Form 2316 (duly stamped by BIR), Or Pay Slips for at least 3 months
- Latest Certificate of Employment with Compensation
C. REQUIREMENTS FOR EMPLOYED ABROAD:
- Latest Crew Contract (for seafarer/seaman); Latest Employment Contract duly authenticated by Phil. Consulate (for OFWs)
- Proof of Remittance (allotment slips) for at least 3 months
D. REQUIREMENTS FOR SELF-EMPLOYED/WITH BUSINESS:
- Latest Income Tax Return (ITR) / BIR Form 2316 (duly stamped by BIR)
- Latest Audited Financial Statements/Statement of Assets and Liabilities/Statement of Income and Expenses
- Certificate of Business Registration with DTI (sole proprietorship) or SEC (partnership/corporation)
- Bank Statements or photocopy of Passbook for the last 3 months
- Proof of Other Income (Certificate of Deposits, Stock/Bond Certificates, Lease Contracts, etc.
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See Our Other Loan Products
Home Loans
Get your dream home faster with Security Bank.
Personal Loans
Achieve your goals with our personal loans.
Business Loans
Fuel your business with our business loans.
Frequently asked questions
What is E-vehicle Financing?
This sustainable financing solution supports clients in acquiring electric vehicles, aligned with Security Bank’s commitment to advancing eco-friendly and future-ready mobility.Â
What type of cars do you accept under EV Financing?
We accept both hybrid and fully electric vehicles. Hybrid cars combine a gasoline engine with an electric motor, while fully electric vehicles run exclusively on rechargeable battery power.Â
Are all electric vehicle brands eligible under your EV Financing?
We currently support financing for a wide range of EV brands and models. To learn whether your preferred unit is eligible, we recommend reaching out to the nearest Security Bank branch for personalized assistance.Â
What loan terms are available under your E-Vehicle Financing?
Qualified clients can enjoy flexible loan terms of up to 60 months, competitive rates and down payment as low as 20%, depending on the brand and model.Â
How do I apply for E-Vehicle Financing?
You may visit any Security Bank branch or apply online through our official website. Our loan specialists will guide you through the process, from assessment to approval, ensuring a smooth and efficient experienceÂ
For detailed information and answers to frequently asked questions about collateral release, please refer to our Help Centre.