Guide on BPI Truck Financing Loan Loanable Amounts
BPI TRUCK FINANCING LOAN – Here is a guide on the minimum and the maximum loanable amounts under this loan offer.
Usually, banks only offer an auto loan under personal loan offers. What makes the Bank of the Philippine Islands (BPI) different is that it went beyond this offer.
BPI does not only offer an auto loan for those who wanted to achieve their dream car. You may also apply to get your target big bike or even a truck for your business.
VISIT: BPI LOAN APPLICATION – Guide in Applying for Loans Offered by BPI Online
Under the BPI Truck Financing Loan, you can secure a vehicle for the operation of your business most especially to firms that have deliveries. It offers a chance of business expansion without releasing a full huge amount.
According to BPI, the offer is open for light truck financing, medium truck financing, and heavy truck financing. You have to secure the following documents in applying for it:
- Duly-accomplished and signed Auto Loan Application Form
- Two (2) valid Identification Cards
- Both spouses to sign on the application form (if married)
- If with co-borrower or co-mortgagor, separate application form is needed
You might like to know about the minimum and the maximum loanable amounts under the BPI Truck Financing Loan. Here is a guide on how much you can borrow:
- Minimum Loanable Amount – Php 200,000.00
- Maximum Loanable Amount – 60% to 80% of the truck’s selling price
Do you want to check on the other offers of BPI? You may visit – BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI).
Thank you for visiting our website. We hope we have helped you with regards to your application for personal loan to Banco de Oro. You may keep coming back for more informative guides.
Can I borrow money worth 36,000 I pay it in 6 months how much the interest
Good day! May Inask how much is the interest charged for truck loan? Thank you.