Guide on the Requirements for RCBC Car Loan Application for Employed, Self-Employed Clients
REQUIREMENTS RCBC CAR LOAN – Here is a list of the documents that are needed for application to the auto loan offer of Rizal Commercial Banking Corporation (RCBC).
Car purchases require a huge amount if done in cash. Thus, most acquisitions are under loans to either a bank or a lending company. The buyer only needs to prepare for the downpayment and the rest of the balance including the interest will be paid in monthly installments.
In the Philippines, one of the banks that you may turn to is Rizal Commercial Banking Corporation. More commonly called RCBC, its car loan offer is open for both purchases of brand new and pre-owned vehicles.
With regards to the requirements for RCBC Car Loan application, the list of documents needed among employed and self-employed applicants varies. You can check on these lists below:
If you are employed, prepare the following documents:
- duly-accomplished RCBC Auto Loan Application Form
- two (2) valid government-issued IDs
- Certificate of Employment (COE) or your latest Income Tax Return (ITR)
- Tax Identification Number (TIN)
- utility bill
If you are self-employed, prepare the following documents:
- duly-accomplished RCBC Auto Loan Application Form
- Audited Financial Statements (AFS)
- business registration with the Department of Trade and Industry (DTI)
- ITR or bank statements
Do you want to know how much you may borrow under the car loan offer of RCBC? You may visit – RCBC CAR LOAN: Minimum & Maximum Loanable Amounts & Terms.
To apply for the loan offer, bring your requirements for RCBC Car Loan application to a branch of Rizal Commercial Banking Corporation (RCBC) nearest to you or the branch where you want to make your application.
You might also like to visit – RCBC CARS FOR SALE – List of Vehicles For Sale & Their Prices.
