Guide on BPI Step Up Auto Loan Offer Online Application
BPI STEP UP AUTO LOAN – Here is a guide on how to apply for this Bank of the Philippine Islands (BPI) loan offer online.
Nowadays, many people are planning to get a car. However, undeniably, this kind of purchase requires a lot of financial preparedness as a huge amount is needed most especially if you want to do it in cash.
Meanwhile, for those who cannot pay for it in full yet, there are several options. One of these options is applying for an auto loan. Undeniably, many banks and lending companies got this offer.
One of the banks with an auto loan offer is the Bank of the Philippine Islands. It is more commonly called as BPI. There is a regular BPI Auto Loan but there is also a new offer now.
Have you heard about the BPI Step Up Auto Loan offer? This aims to help the borrower adjust financially in paying for the monthly amortizations. It is open for individual applicants and covers only brand new passenger cars.
Under the said loan offer, you will begin with a low monthly amortization in the first year. According to the bank, the monthly payment can be as much as 10% lower than the amortization under the regular auto loan.
Every year, the monthly amortization increases. The maximum loan term is five (5) years. Do you want to know how much you can borrow under this loan offer? Feel free to visit – BPI “Step Up” Loan – How Much You Can Borrow For Car Purchase.
There is still a downpayment under this loan offer but it is lower. To check on how much you must prepare, visit – BPI Auto “Step Up” Loan Downpayment – How Much You Must Prepare.
You may apply for the BPI Step Up Auto Loan offer online. To start it, you may visit – https://cal.bpiautoloans.com/lav3/loan/step_1.
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)
