Guide on How To Apply for BPI Auto Loan & the Requirements Needed
BPI AUTO LOAN – Here is a guide on how to apply for this loan offer of the Bank of the Philippine Islands and the requirements that you need to prepare in applying.
Do you want to have your own car soon? Most people actually want to have their own private vehicle as it has a lot of benefits. You can avoid being late to your appointments and travel comfortably at the safest ideal speed.
However, the problem is that buying a car may require a huge amount of money. The good news is that, nowadays, you don’t have to wait to be able to save a huge amount of cash so you can buy a car. There are banks that can assist you in your car purchase.
The Bank of the Philippine Islands (BPI) is one of those banks that have the said offer. You may get your target car with the help of BPI Auto Loan.
The said auto loan offer is open for the purchase of brand new and second-hand vehicles. The loanable amount is subject to the approval of the bank.
- Minimum Loanable Amount – Php 200,000.00
Who are eligible to apply for the auto loan offer?
There are eligibility qualifications in applying for the said loan offer. To be eligible to apply, the applicant must be:
- a Filipino citizen or a foreign national married to a Filipino
- between 21 to 65 years old
- earning a family income of at least Php 30,000.00 monthly
How To Apply for BPI Auto Loan & Requirements To Prepare
You may apply for the said BPI loan offer personally or through online. Should you wish to do it personally, gather the requirements needed in applying and proceed to the bank for its submission. You may visit the official website of the bank to check the documents that you need to prepare – https://cutt.ly/mexDP8X.
You may also go for an online application to the bank. You may visit – https://cal.bpiautoloans.com/lav3/.
Both application process will proceed to the evaluation of the applicant’s capacity for the loan. Wait for the update from the bank regarding your loan application.
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: BPI LOANS – List of Loan Offers by Bank of the Philippine Islands (BPI)
