Guide on EastWest Bank Auto Loan Requirements 2025 for Corporate Applications
EASTWEST BANK AUTO LOAN REQUIREMENTS 2025 – For corporate applicants of the offer, here are the documents required by the bank for application.
Nowadays, there are a lot of cars on the road already because getting one is no longer as hard as it was before. Currently, you don’t anymore have to wait until you have a huge amount for a cash purchase of your target vehicle.
There are now entities that you may turn to for loans. One of them is the EastWest Bank, a reputable banking entity that is operating in the Philippines since 1994. It has earned the trust of countless people — not only Filipinos but as well as foreign nationals.
The EastWest Bank got several offers — from different kinds of bank accounts to credit cards to loan offers. While its credit card offer includes the EastWest Priority Visa Infinite Credit Card, its loan offers include the EastWest Bank Auto Loan.
The Auto Loan offer of the bank is open not only for individual applications but as well as corporate applications. Truth be told that while there are a lot of car loan offers out there, most of them are not open to corporate applications.
Before checking on the EastWest Bank Auto Loan requirements for corporate applicants, it is important to first check the eligibility criteria. To qualify for the loan offer, a corporate applicant should meet the following:
- Registered business entity that has been profitably operating for at least 3 years
- Gross monthly income of not less than PHP200,000
What are the EastWest Bank Auto Loan requirements for application? Here are the documents that you need to prepare and submit to the bank to apply for the loan offer:
- duly-accomplished EastWest Bank Auto Loan Application Form
- at least two (2) government-issued IDs
- income documents
The bank has also set a different list of EastWest Bank Auto Loan requirements upon the releasing of the loan proceeds. You must comply with the following:
- Spouse as co-maker (for married applicants)
- Comprehensive insurance policy with Acts of God (AOG) coverage from an EWB-accredited insurance company
- income documents
- trade references for self-employed applicants
For the financing of the purchase of pre-owned vehicles, the EastWest Bank requires motor vehicle inspection and appraisal as well as the car history verification. Please note the fees as well which are as follows:
- Downpayment
- Chattel Mortgage Fees
- Insurance Policy
- LTO Registration Fees
- Out-of-Town fees (as applicable)
Have you also heard about the EastWest Cash Loan offer?