Guide on BPI Car Loan 2026 Features
BPI CAR LOAN 2026 – The Bank of the Philippine Islands loaded its auto loan offer with excellent features including high loanable amount.
Nowadays, aside from living under your own roof, another thing that could surely bring a wonderful feeling is driving your dream car. It can even be any car that can bring you superb convenience.
If you have your own car, it is easy to get to any destination based on your own schedule as well. It is also an emergency preparation and there’s an edge if a household has at least one vehicle and two (2) people who are qualified to drive. Are you excited to take the journey towards your dream car soon? You might like to partner with the Bank of the Philippine Islands in achieving it.
The Bank of the Philippine Islands or more popularly known as BPI is one of the most trusted banks in the country. It is even one of the biggest banking entities as well and it has been in the service of countless Filipino people for several decades now.
The bank has a wide range of offers — from savings and deposit accounts to loans, credit cards, insurance policies, etc. Are you excited to achieve your dream car?
Aside from the BPI Housing Loan offer, the loans extended by the Bank of the Philippine Islands to qualified individuals also includes the BPI Car Loan. Under it, a financing service for the purchase of a vehicle, whether brand new or second-hand, may be availed.
A car loan is undeniably the preferred option of many people who wants to purchase a vehicle. In fact, even the people who have big savings in their bank accounts usually opt to get their desired vehicle under a loan offer so they can still use their money in areas where it has the chance to grow.
The BPI Car Loan offer is available in over 800 branches of the Bank of the Philippine Islands nationwide. To qualify for the offer, here are the eligibility requirements set by the bank:
- at least 21 years old at the time of the loan application
- more than 70 years old upon the loan maturity
- earning a minimum household income of Php 30,000
How much is loanable under the BPI Car Loan offer? The borrowing amounts actually varies. For brand new cars, here are the loanable amounts:
- Minimum Loan Amount: Php 200,000
- Maximum Loan Amount: Up to 85% of the purchase price
For second-hand cars, here are the loanable amounts under the car loan offer of the Bank of the Philippine Islands:
- Minimum Loan Amount: Php 200,000
- Maximum Loan Amount: Up to 70% of the purchase price
You may repay the BPI Car Loan from one (1) year up to seven (7) years. You may also opt for the excellent offers of the bank which may include:
- Zero Cash Out
- Multi Year Protect Program
- Step Up PayPlan
The Zero Cash Out offer allows car acquisition without the need to cash-out any amount while the Multiyear Protect includes the insurance costs in the monthly amortizations. You may also plan your own payment process through the Step Up PayPlan.
The loan offer is open for both salaried and non-salaried individuals. There are varying BPI car loan requirements which you should check should you wish to apply for the loan offer.