Guide on How Much You Can Borrow Under BDO Car Loan
BDO CAR LOAN – Here is a guide on how much you can borrow under this BDO Unibank loan offer.
Aside from buying a house, another common target of most people is buying a vehicle or a car. When you have these two, a more convenient life is really within the reach as you have your own comfort zone and you can get to anywhere you want anytime.
However, admittedly, buying a car and a house both require a huge amount of money. It may seem really a challenge on how to have the other after purchasing one of them.
Have you already bought your own house and planning to get a car soon? Your budget may still not allow you now but you need not to wait for decades to make it possible. There are several loan offers for you.
One of the loans is the BDO Car Loan by BDO Unibank. You may purchase a brand new car or a second-hand vehicle under it. It features an all-in financing option which are already inclusive of the following:
- Chattel Mortgage Fees
- First Year Motor Insurance Premium
Who may apply for the said BDO loan offer?
To be eligible to apply for the said BDO loan offer, the applicant must be a Filipino citizen or a foreigner residing for at least two (2) years already in the Philippines. The age requirement is at least 21 years old but not more than 70 years old upon the loan maturity.
The applicant must be employed or self-employed with a stable source of income. The limit is at least Php 50,000 monthly family income.
How much can you borrow under the BDO Auto Loan?
Based on eCompare Mo, the minimum loanable amount is Php 100,000.00 while the maximum loanable amount under this auto loan offer is Php 3,000,000.00.
Do you want to apply for the said BDO loan offer? Feel free to visit – BDO Car Loan: How To Apply For Auto Loan To Banco de Oro.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: BDO CREDIT CARDS – List of Basic BDO Credit Card Offers You May Apply For