Accelerate your journey.
Your next big bike is within your reach! Get your dream big bike faster with low rates, flexible terms, and a seamless application process tailored to your needs.
Flexibility for Every Need—From Personal to Business
Whether it’s purchasing a big bike, refinancing, or even expanding your business fleet, our auto loan options are designed to fit your needs—personal, business, and more.
Purchase
Purchase of a brand new big bike for personal use
Reimburse
Reimbursement of a brand new big bike
Refinance
Refinancing of a second hand big bike/loan take-out
Low Rates with Terms Tailored to You
Enjoy competitive rates and customized payment options, giving you the freedom to own the big bike you want with terms that suit your budget.
Dreaming of a Big Bike?
Get on the road faster with our fast-approval financing. Explore your options today!
Enjoy low rates, flexible terms, and a seamless application process tailored to your needs when you apply for a big bike loan with us.
At a glance
For Big Bikes (selected brands only; 400cc and up models)
| Loan amount |
minimum 200,000 (minimum SRP 300,000) |
| Payment terms | 12 – 36 mos |
| Down payment | 30% |
| Availability | Available to Branch and Online channel only |
| Qualified borrowers |
Valued Depositors and GRC |
Brand New Big Bike Rates
| Term | Standard | With One Month Advance |
| 12 | 8.00% | 6.80% |
| 18 | 12.01% | 10.72% |
| 24 | 16.96% | 15.57% |
| 36 | 26.05% | 24.49% |
Your Dream Car Is Closer Than You Think
E-Vehicle Financing
Embark onto the path of sustainable living.
Second Hand Cars
Your journey to a new or used car starts with Security Bank’s auto loan options.
Car Loan
Finance your very own car 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.)
E. ADDITIONAL REQUIREMENTS IF COLLATERAL IS USED/SECOND HAND/IMPORTED VEHICLE:
- Copy of LTO OR/CR under the name of the seller/applicant
- Deed of Sale
- PNP Clearance and Macro Etching Certificate
- Bill of lading and importation papers, including proof of payment on custom and duty taxes (for imported units only)
How do I apply?
1
Scan or take pictures of your ID and proof of income.
2
Apply online or at your nearest branch.
3
Wait for processing and approval (as fast as 1 banking day!)
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.
Hear from our clients
Frequently asked questions
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.
I want to know your banking hours
For the latest update on branch information, such as operating hours, please refer to our updated branch directory, click here
What are the interest rates?
You may inquire from any Security Bank branch nearest you or call our Auto Loans Division at 4643000 locals 3111, 3114 and 3509.
What are the rates available?
Please see the list of available rates for Auto Loan below:
| 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% |
What are the Auto Loan application requirements?
To ensure a hassle-free application process, please make sure to bring all the necessary requirements listed below:
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 of the 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.)
E. ADDITIONAL REQUIREMENTS IF COLLATERAL IS USED/SECOND HAND/IMPORTED VEHICLE:
- Copy of LTO OR/CR under the name of the seller/applicant
- Deed of Sale
- PNP Clearance and Macro Etching Certificate
- Bill of lading and importation papers, including proof of payment on customs and duty taxes (for imported units only)
How much is the loanable amount?
For brand-new vehicles, the minimum requirement is PHP400,000, while for used or second-hand vehicles, a minimum of PHP100,000 is needed.
What are the loan terms available?
- Standard Straight Financing Scheme
- One Month Advance
- The first net monthly installment shall commence at the time of delivery/release.
- Second net monthly installment shall commence not more than 35 days from the date of delivery (for new) or from the booking date (for 2nd hand).
- Subsequent amortization due dates shall follow the date of the second amortization.
What are the acceptable vehicle collateral?
Both brand-new and used vehicles of the following body types are eligible for financing:
- Passenger cars/vans
- Sports Utility Vehicles (SUVs)
- Asian Utility Vehicles (AUVs)
- Light Commercial Vehicles (4 or 6-wheeler), such as utility vans, pick-ups and light trucks
- Trucks (10-wheeler)-for brand new and selected brands only
How do I make my payments?
Your loan amortization will be collected via an Auto Debit Arrangement (ADA) using a Security Bank account. You may visit your nearest Security Bank branch for more details.
What are the fees and charges that I have to pay?
Here is a list of applicable fees and charges:
| Chattel Mortgage Fee (CMF) | Inclusive of documentary stamp tax, processing fee, and notarial fee |
| Collection Fee | 3% of unpaid net monthly amortization |
| Late Payment Fee |
3% of unpaid net monthly installment Effective October 25, 2021: 6% of unpaid amortization (combined Collection and late Payment Fees) |
Do you have a list of Valid IDs?
To proceed with your application, we will require either one (1) Primary ID or two (2) Secondary IDs from the accepted IDs, which can be found here.
Please be reminded that the submitted valid IDs will be used solely to process your application.
For detailed information and answers to frequently asked questions about collateral release, please refer to our Help Centre.