BPI BIG BIKE LOAN – How Much Is the Loanable Amount

Guide on BPI Big Bike Loan Minimum Loanable Amount

BPI BIG BIKE LOAN – Here is a guide on how much is the loanable amount under the Big Bike Loan offered by the Bank of the Philippine Islands.

Undeniably, a lot of people are appreciating the value of having your own vehicle most especially amid this pandemic now. Public commute now is twice the challenge following the risk and the reduced capacity of the public vehicles.

Many people now wanted to purchase, if not a four-wheeled vehicle, a bike or a motorcycle. Is owning a big bike one (1) of your dreams?

You may achieve it now and savor twice its benefits. You can have it even if you won’t pay for it in full now – through the BPI Big Bike Loan.

Under the said loan offer of the Bank of the Philippine Islands, you may apply for a Big Bike 400 which 400c and up or the Sub-400 Big Bike which 250cc to below 400cc.

The following are the requirements in applying for this loan offer:

• Duly-accomplished Auto Loan Application Form
• Two (2) valid identification cards
• Income documents
  • If locally employed…
    • Certificate of Employment
    • Latest Income Tax Return
    • Three (3) Months Payslips
  • If Overseas Filipino Worker…
    • Contract/Certificate of Employment
    • Crew Contact and Exit Pass (for Seaman)
    • Proof of Monthly Remittances
    • Notarized or Authenticated Special Power of Attorney
  • If Practicing Profession…
    • Latest Income Tax Return
    • Hospital Affiliations
    • Clinic Address
    • Clinic Schedule
  • If Rental Business…
    • Notarized Lease Contracts
    • Photocopy of TCT/CCT of Rental Properties
  • If Businessman…
    • Latest Income Tax Return
    • Six Months Latest Bank Statements
    • DTI Registration / SEC Registration
    • Audited Financial Statements (Past 2 years)
    • Trade References
    • Articles of Partnership or Articles of Incorporation & By-Laws
    • General Information Sheet

With regards to the loanable amount under the BPI Big Bike Loan, according to BPI, the minimum amount that you can borrow is Php 200,000.00.

Do you want to check on the other BPI loan offers? You may visit – BPI PERSONAL LOAN OFFERS – List of Personal Loans Offered by BPI.

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.