BPI Passenger Car Loan Requirements 2025 — Here’s What You Must Submit

List of BPI Auto Loan Requirements 2025 for the Application Process

BPI PASSENGER CAR LOAN REQUIREMENTS 2025 – Here are the documents required in applying for the loan offer of the Bank of the Philippine Islands.

Getting a passenger car is no longer a next-to-impossible thing nowadays even if you don’t have a huge amount of savings in your bank account because of certain financial institutions. There are entities provide car loans that may assist you in your purchase.

Passenger Car
Photo Courtesy of European Commission

In the Philippines, one of the trusted banks that you may turn to for a car loan offer is the Bank of the Philippine Islands or more popularly called BPI. Actually, it has several offers for vehicle acquisition. Aside from the BPI Big Bike Loan, BPI Motorcycle Loan, and the BPI Auto Loan, the reputable banking entity also has the BPI Passenger Car Loan.

BPI

A passenger car is a vehicle that transports individuals but carries usually no more than nine (9) passengers at a time. It can be a sedan, a hatchback, and even an SUV. Are you excited to get your own passenger car soon? Below, you can check the BPI Passenger Car Loan requirements that you need to prepare.

BPI Passenger Car Loan Requirements 2025
Photo Courtesy of Adobo Magazine

In applying for the offer, you need to secure both your eligibility for the loan as well as a complete list of the BPI Passenger Car Loan requirements for application. To qualify for the loan offer, you need to meet the following qualifications:

  • at least 21 years old upon the loan application
  • not more than 70 years old upon the loan maturity
  • earning a minimum household income of Php 30,000

The loan offer of the Bank of the Philippine Islands is open for both salaried and non-salaried individuals. Here is a guide on the BPI Passenger Car Loan requirements for application:

  • duly-completed BPI Auto Loan Application Form
  • two (2) valid Identitifcation Cards
  • If married, both spouses must sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed
  • Latest Certificate of Employment indicating salary, position and length of service with authorization to verify
  • Latest 1 month pay slip or 3 months bank statement of payroll account with authorization letter to verify
  • duly-completed BPI Auto Loan Application Form
  • two (2) valid Identitifcation Cards
  • If married, both spouses must sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed
  • Latest ITR
  • Certificate of employment stating commissions received prior year/months/period and Commisions Receivable, if any
  • Bank statement where commision is credited, with authorization letter to verify
  • duly-completed BPI Auto Loan Application Form
  • two (2) valid Identitifcation Cards
  • If married, both spouses must sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed
  • DTI Registration or Mayor’s Permit
  • Latest ITR with financial statements
  • Working account (6mos) with authorization letter to verify
  • Trade references with complete contact information
  • Authorization letter to conduct trade verification
  • duly-completed BPI Auto Loan Application Form
  • two (2) valid Identitifcation Cards
  • If married, both spouses must sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed
  • Valid Visa or Alien Certificate of Registration (ACR)
  • duly-completed BPI Auto Loan Application Form
  • two (2) valid Identitifcation Cards
  • If married, both spouses must sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed
  • Certificate of Pension, with authorization letter to verify
  • Bank statements of pension account (3 months), with authorization letter to verify
  • duly-completed BPI Auto Loan Application Form
  • two (2) valid Identitifcation Cards
  • If married, both spouses must sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed
  • Latest Contract, with authorization letter to verify
  • Proof of bank remittance, with authorization letter to verify
  • Details of crewing manager for seafarers
  • duly-completed BPI Auto Loan Application Form
  • two (2) valid Identitifcation Cards
  • If married, both spouses must sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed
  • Working account with authorization letter to verify
  • Latest ITR with AFS
  • List of major trade references with complete details

Aside from the loan offers that finance the purchase of vehicles, the Bank of the Philippine Islands also has the BPI Housing Loan offer.

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