Up to 70% of purchase price
Loan amount up to 70% of purchase price for brand new motorcycles.
Up to 36 months
Flexible payment terms.
30% down payment
Down payment as low as 30% of purchase price.
Auto-Debit arrangement
Convenient payment method.
Quick approval
Within 1 banking day*
*from receipt of complete application form and requirements.
Our motorcycle loan
We’re now offering a Motorcycle Loan to our valued customers and borrowers with good records! Apply for a high-end Motorcycle Loan that suits your lifestyle with flexible payment terms and fast approval.
You can use this loan for big bike brands such as:
BMW, Ducati, Harley Davidson, Honda, Kawasaki, Suzuki, Yamaha, KTM, MV Agusta.
400cc and up models only.
Minimum SRP: PHP300,000.
Is Motorcycle Loan not quite what you’re looking for? Take a look at our Car Loan if you opt to buy a car instead.
| Add-on rates (net) In arrears | With one month advance | |
| 12 months | 8.00% | 6.80% |
| 18 months | 12.01% | 10.72% |
| 2 years | 16.96% | 15.57% |
| 3 years | 26.05% | 24.49% |
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.
- Currently employed or a permanent/regular employee of a reputable institution
Required documents
Application Forms: Auto Loan Application Individual and Sole Proprietor
A. Individual
- Complete filled out and signed Auto Loan Application Form
- Clear copy of valid government-issued ID
- Latest BIR Form 2316 or 3 months pay slip or Certificate of Employment (COE) / Employment contract for OFW
B. Corporate
- Latest BIR Form 1701
- Latest copy of Audited Financial Statement, Certificate of Registration, SEC, GIS, Articles of Partnership/Incorporation, By-laws Company Profile
- Certificate of Business Registration with DTI or Business Permit or SEC
- List of Suppliers & Trade References with contact information
How to apply?
1
Scan or take pictures of your ID and proof of income.
2
Scan or take pictures of your ID and proof of income.
3
Wait for processing and approval (1 banking day)