Bank Auto Loan Guide
- Brand new model 2008 min DP is 20%. up to 60 months to pay
- 2004-2007 models DP is 30% - 50% up to 36 months to pay
- 2001-2003 models DP is 50% and 12 months to pay
Bank Auto Loan RequirementBusiness owner /
Self-Employed
- Two (2) Valid ID's
- Business Permit / DTI
- Income Tax Return
- Three (3) months bank statement
- Checking account
Employees
- Two (2) Valid ID's
- Certificate of Employment with indicated salary.
- Income Tax Return
- Three (3) months bank statement
- Checking account
Overseas Filipino Workers (OFW)
- Two (2) valid ID's
- Contract of Employment
- Proof of Remittance
- Three (3) months bank statement
- Checking account
Important Reminders:
- OFW applicants must be in the Philippines at the time of
application for the signing of bank documents
- A co-maker is required if APPLICANT is out of the country.
- A SPA (Special power of Attorney) is required giving the
CO-MAKER authorization to sign document
|
|