Guide on the Robinsons Bank Motorcycle Loan Requirements 2023 Offer Application
ROBINSONS BANK MOTORCYCLE LOAN REQUIREMENTS 2023 – Listed below are the documents needed in applying for this Robinsons Bank loan offer.
More and more people now appreciate the edge of getting to work or school using a motorcycle over a four-wheeled vehicle. Undeniably, it is a more economical option most especially for individuals who are on a tight budget. However, truth be told that a motorcycle purchase in case may also be heavy on the pocket.
Thus, a lot of individuals got a motorcycle either through an in-house financing or a bank loan. In the Philippines, one of the banks with the said offer is the Robinsons Bank, a popular and trusted entity in the country.
The Robinsons Bank Motorcycle Loan offer is ready to finance not only the purchase of a brand new regular or solo bike and a big bike but as well as pre-owned motorcycle units. Under it, the loan payable for up to 36 months thus you have an option for light monthly installments.
To qualify for the loan offer, here are the Robinsons Bank Motorcycle Loan 2023 eligibility requirements:
- 21 years old and above upon the loan application
- not more than 65 years of age upon the loan maturity
- owned a residence for at least 1 year or renting for at least 2 years
- stable source of income
- If employed, the loan applicant must be a regular employee for at least one (1) year
- If self-employed, the client must operating a business that is in operation for at least 2 years
The Robinsons Bank Motorcycle Loan requirements 2023 also includes specific documents that must be submitted for the loan application. The lists of documentary requirements vary among locally employed, self-employed, overseas Filipino worker (OFW), and partnership or corporation applicants.
Lists of Requirements for Robinsons Bank Motorcycle Loan Application
For locally-employed applicants:
- government-issued IDs (photocopy)
- duly-accomplished and signed Robinsons Bank Motorsiklo Loan Application Form
- proof of billing
- latest one (1) month payslip or Certificate of Employment
For self-employed applicants:
- duly-accomplished and signed Robinsons Bank Motorsiklo Loan Application Form
- proof of billing
- latest three (3) months Bank Statements
- government-issued IDs (photocopy)
- DTI registration
Overseas Filipino Worker (OFW):
- Employment Contract
- duly-accomplished and signed Robinsons Bank Motorsiklo Loan Application Form
- 3 months Proof of Remittance
- proof of billing
- government-issued IDs (photocopy)
Partnership or Corporation:
- duly-accomplished and signed Robinsons Bank Motorsiklo Loan Application Form
- latest 3 months Bank Statements
- Income Tax Return (ITR) and Audited Financial Statement (AFS) for the last 3 years
- latest GIS
It may take some working days for the Robinsons Bank to evaluate the loan application. Wait for an update from the bank.