Guide On the Minimum & Maximum Loanable Amounts Under the AUB Auto Loan
AUB AUTO LOAN – Here is a guide on the minimum and maximum loanable amounts under Asia United Bank’s Auto Loan offer.
Are you also one of those who wanted to acquire your own car to enjoy its benefits like getting to any place anytime you want? The Asia United Bank (AUB) can help you with that.
AUB got different loan offers including the AUB Salary Loan and the AUB Home Loan. The former is a cash assistance provided for flexible purposes such as making a big purchase, paying for the utility bills, covering some travel expenses, etc.
If you are after the acquisition of a residential property, you may apply for a home loan. Another offer of the bank is the AUB Auto Loan. It is open for those who wanted to acquire their own vehicle.
Based on the official website of the Asia United Bank, under its auto loan offer, the following documents are required for the application:
- Completely filled-out application form
- 2 valid IDs
- Certificate of Employment (for employed applicants)
- Last 6 months bank statement
- DTI Registration (for Sole Prop)
- Latest FS
With regards to the loanable amounts under the AUB Auto Loan, it will depend on the bank’s evaluation of the capacity of the borrower. According to eCompare mo, here are the minimum and maximum loanable amounts under this loan offer:
- Minimum Loanable Amount – Php 200,000.00
- Maximum Loanable Amount – Php 5,000,000.00
The borrower can pay for the loan amount under the AUB Auto Loan for up to five(5) years or sixty(60) months. It can be done through post-dated checks or auto debit arrangement.
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