List of Sterling Bank Car Loan Requirements for Application
STERLING BANK CAR LOAN REQUIREMENTS 2025 – For partnership and corporate applicants who want to apply for the Sterling Bank of Asia offer, here are the documents that you need to submit.
Buying a car is undeniably one of the moves that many people want to make but most individuals are not ready for a one-time cash payment for the purchase. Truth be told that it will require thousands of money. In fact, even those who have big savings in their bank accounts may not like using all their savings for a single purchase. Meanwhile, there is an excellent option that you can turn to.
Nowadays, there are several banks that offer car loans to help individuals achieve their dream car and just pay for it in light monthly installments. In the Philippines, one of the loan providers that you may turn to is the Sterling Bank of Asia.
The Sterling Bank of Asia is operating in the Philippines for several years now and it has earned the trust of countless Filipinos already. Aside from the Sterling Bank business loans, the reputable entity also offers the “Ultima” Auto Loan or also called the Sterling Bank Car Loan.
The Sterling Bank of Asia boasts its car loan offer with fast loan application processing, flexible terms, and easy payment modes. It is ready to finance the purchase of a vehicle whether it will be your first, second, or third car.
What are the Sterling Bank car loan requirements for application? The loan offer is not just open for the employed and self-employed individuals but as well as partnerships and corporations.
If you are applying for the loan offer as corporates and partnerships, here are the Sterling Bank car loan requirements that you should prepare and submit to the bank:
- duly-accomplished and signed Sterling Bank Auto Loan Application Form
- at least 2 government-issued IDs
- Income Tax Return and Audited Financial Statements for the last 3 years
- Bank Statements for the last 3 years
- Secretary’s Certificate
- SEC Certificate of Registration
- Articles of Incorporation or Partnership
- By-Laws (for Corporation)
- Notarized Board Resolution/Partnership Resolution
- General Information Sheet
- List of Partners (for Partnership)
The Sterling Bank car loan requirements include not only personal documents but as well as additional documents in the case of financing a pre-owned vehicle. Here are the additional requirements set by the bank:
- Original OR/CR (under the borrower’s/ applicant’s name)
- Other Requirements For Brand New & 2nd Hand Vehicles (if applicable)
- Notarized Deed of Sale
- PNP Clearance with Macro Etching
- 3 Sets of LTO Stencils
Which types of identification documents or IDs do the Sterling Bank of Asia accept for the loan application? Here is a guide on the IDs that you may present:
- Passport (Philippine Passport for Filipino applicants or any passport that proves identity)
- Driver’s License
- Professional Regulation Commission (PRC) ID
- National Bureau of Investigation (NBI) Clearance
- Police Clearance
- Postal ID
- Voter’s ID
- Taxpayer Identification Number (TIN) ID
- Barangay Certification
- Government Service Insurance System (GSIS) e-Card/Unified Multi-Purpose ID (UMID)
- Social Security System (SSS) ID
- Senior Citizen ID Card
- Overseas Workers Welfare Administration (OWWA) ID
- OFW ID
- Seaman’s Book
- Alien Certification of Registration/Immigrant Certificate of Registration/Special Investor’s
Resident Visa (SIRV)/Special Resident Retiree’s Visa (SRRV) - Government Office and GOCC ID
- ID issued by National Council on Disability Affairs (NCDA)
- Department of Social Welfare and Development (DSWD) Certification
- Integrated Bar of the Philippines (IBP) ID
- Company IDs
- School ID signed by the principal or head of the institution (For Filipino Students only)
- PhilHealth Health Insurance Card ng Bayan
- Birth Certificate issued by the Philippine Statistics Authority (PSA)
- Philippine Identification (PhilSys ID/Philippine ID (PhilID)/National ID)
- Philippine Identification System (PhilSys) Digital ID and Printed e-Philippine Identification (ePhilID)
Aside from the car loan offer, this excellent loan provider also has the Sterling Bank Cash Loan offer.