Guide on Interest Rates Under Robinsons Bank Car Loan Offer
INTEREST RATES ROBINSONS BANK CAR LOAN – Here is a list of the interest implemented by Robinsons Bank based on loan term.
Do you want to achieve your dream car soon? You might like to have it under a loan offer so you will only have to pay for it in monthly installments. There are banks and entities that you can turn to.
Robinsons Bank is one of those that you may turn to if you are planning to buy a car under a loan offer. The bank accepts both brand new and pre-owned vehicles under its offer.
Who are qualified to apply for this loan offer? To be eligible to apply for this loan offer, the borrower-applicant must be at least 25 years old upon the loan application, a Filipino or foreign citizen, and employed or running a business.
You can check on the loanable amounts under the offer prior to applying for the loan. To check on how much you may borrow, feel free to visit – Robinsons Bank Car Loan: Minimum & Maximum Loanable Amounts.
Interest Rates Under Robinsons Bank Car Loan
| Loan Term | Add-On Rate (AOR) | One-Month Advance (OMA) |
|---|---|---|
| 12 months | 4.91% | 4.22% |
| 18 months | 7.20% | 6.46% |
| 24 months | 10.47% | 9.67% |
| 36 months | 16.48% | 15.56% |
| 48 months | 22.38% | 21.40% |
| 60 months | 28.76% | 27.70% |
To apply for the loan offer, prepare some documents which you will need to submit to the bank for application. To check on these documents, you may visit – Requirements Robinsons Bank Car Loan: List of Documents You Must Prepare.
Robinsons Bank has several other loan offers aside from the car loan offer. To check on the other loans offered by the bank, you may visit – ROBINSONS BANK LOANS – Full List of Robinsons Bank Personal Loan Offers.