Guide on BPI Auto Loan Zero Cash-Out Promo Offer
BPI AUTO LOAN ZERO CASH-OUT – Here are some details about this promo offer of the Bank of the Philippine Islands (BPI) under its Auto Loan.
Are you one of those people who are planning to get a car soon? You might be looking for loan offers. In the Philippines, there are several banks and lending companies that may assist you.
One of the banks with car loan offers is the Bank of the Philippine Islands. More commonly called BPI, one of its edge is that its loan offers come with promos from time to time. These offers can help you save money, enjoy more benefits, or make your goal more achievable.
With regards to the purpose of acquiring a vehicle, the available promo now is the BPI Auto Loan Zero Cash-Out. Instead of a downpayment, a deposit hold-out is observed.
The said promo covers brand new vehicles. It comes with one-year free insurance and a chattel mortgage. This is a secured loan offer and the collateral are the vehicle and the deposit hold out.
Under the BPI Auto Loan Zero Cash-Out promo, the bank has set some qualifications. To check on the requirements for the borrower and the vehicle, you may visit – BPI Auto Loan: Who Are Qualified to Apply for “Zero Cash-Out” Promo.
You might also be wondering about the amount needed for the deposit hold-out. To check on the amount, you may visit – BPI Zero Cash-Out Auto Loan – How Much will be the Deposit Hold Out.
According to BPI, the hold-out period is 24 months. The vehicle must be for private use only thus TNVs, school bus, taxi, utility vehicles, and light trucks are not covered by the promo. To apply, you may visit – BPI.
You may also visit – BPI LOANS: List of Loan Offers by Bank of the Philippine Islands (BPI)