Keep using your car while your OR/CR gets you our lowest loan interest rates
Loan from P100,000 up to P2M
3% of the loanable amount only
Just submit your OR/CR for safekeeping
| Age of Car | 12 months | 18 months | 24 months | 36 months |
| 0 to 5 years | 1.25% | 1.25% | 1.50% | 1.75% |
| 6 to 10 years | 1.50% | 1.50% | 1.75% | 2.00% |
Note: Interest rates and charges are subject to change without prior notice. All applications will be subject to SB Finance’s credit policies and procedures
Additional requirements for employees
Income Documents, any of the following:
Additional requirements for self-employed
* Additional documents may be required by SB Finance to process the loan
Employed
Self-Employed
Vehicle
It is an unsecured loan that is based on client’s submission of a copy of his/her vehicle’s ORCR.
No. We will only safekeep the client’s ORCR and release it once the loan gets fully paid.
Car4Cash can be offered to both employed and self-employed individuals (aged 21-65 years old) who presently own a car for at least six months.
Refer to vehicle qualifications here.
They can only apply online or at nearby Security Bank branch.
The basis of the loan shall be the appraised value of the car. Maximum loan amount is 80% of the appraised value
12, 18, 24, 36 months
The interest rate shall be based on the age of the car and chosen loan term.
| INTEREST RATES OF CAR4CASH | ||||
| Age of car | 12 months | 18 months | 24 months | 36 months |
| 0 to 5 | 1.25% | 1.25% | 1.50% | 1.75% |
| 6 to 10 | 1.50% | 1.50% | 1.75% | 2.00% |
If Employed:
If Self-Employed:
5-7 banking days, if complete requirements are submitted to the branch or uploaded in the online application form and if applicant is verified without adverse findings.
It may be held at the SB Finance Hub, SBC branch or satellite office, residence of the client or any other location preferred by the client.
| Processing Fee | 3% of the loanable amount |
| Notarial Fee (For P100,000 loan and up) | Php 200.00 |
| Documentary Stamps (For Php 250,000 loan and up) | Php1.50 for every Php 200.00 |
| Late Payment Fee | 3% of the amount due or P500 whichever is higher |
| Pre-termination Processing Fee | P2,500 |
Loan proceeds will be via Manager’s Check or credit to your Security Bank Account. Loan proceeds are released through Manager’s Check (MC) or Credit to Security Bank Account. Loan proceeds may be claimed at the Loan Releasing Area (No. 849-A GF Keyland Building Arnaiz Ave Makati City) or through branch where loan was applied. During loan availment, you must bring the following:
Other documents required for booking that will be relayed by the SBF representative that will call you regarding the loan approval.
The clients can pay their loan via Post-dated Checks (PDCs) only.