Stay on top of your business’ needs
with our fast-approval truck loan.
Considering getting a truck for your growing business? Whether it’s a 4, 6, or 10-wheeler, our Truck Loan has you covered. Enjoy competitive rates, flexible payment terms, and approval as fast a 1 banking day!
Use our Truck Loan for the:
Need to purchase more than 1 vehicle? Take a look at our Auto Fleet Financing Facility.
Loan Amount | Up to 70% of purchase price |
Payment Terms | 12 to 36 months |
Down Payment | As low as 30% of purchase price |
Approval Time | 1 banking day* |
*From receipt of complete application form and requirements
A. For Individuals
B. For Partnerships and Corporations
C. For Start-up Businesses
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 or with Business:
E. Additional Requirements if Collateral is Used/Second Hand/Imported Vehicle:
BRAND | VEHICLE TYPE |
Toyota | Passenger Car/ Van, Pick-Up, SUV |
4/6/10 Wheeler Truck | |
HINO (truck brand carried by Toyota) | 4/6/10 Wheeler Truck |
Audi, BMW, Chevrolet, Chrysler, Dodge, Ford, Honda, Hyundai, Isuzu, Jaguar, Jeep, Kia, Land Rover, Lexus, Mazda, Mercedes Benz, MINI, Mitsubishi, Morris Garages, Nissan, Peugeot, Porsche, Subaru, Suzuki, Volkswagen, Volvo |
Passenger Car/Van, Pick-Up, SUV |
4/6 Wheeler Truck | |
10 Wheeler Truck – Isuzu, Nissan and Volvo only | |
FUSO (truck brand carried by Mitsubishi) | 4/6/10 Wheeler Truck |
Foton | Passenger Car/Van, Pick-Up, SUV |
4/6/10 Wheeler Truck | |
SsangYong | Passenger Car/Van, Pick-Up, SUV |
4/6/10 Wheeler Truck | |
JAC | Passenger Cars |
4/6/10 Wheeler Truck |
A. FOR INDIVIDUALS
B. FOR PARTNERSHIPS AND CORPORATIONS
C. FOR START-UP BUSINESSES
Vehicles with the following body types are eligible for financing both brand new or used units.
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 |