BPI Auto Loan Zero Cash-Out: Who Are Qualified To Apply for this Offer

Guide on BPI Auto Loan Zero Cash-Out Offer – the Qualifications

BPI AUTO LOAN ZERO CASH-OUT – Here is a guide on who are qualified to apply for the zero cash-out offer of the Bank of the Philippine Islands (BPI).

A lot of people have come to realize the benefits of having your own car. You can get to where you need or want to be at the time you want. You also do not need to go home early in the pursuit of catching the last trip of public transportations. You can get anywhere right away in times of emergency.

In fact, it is really an edge and a sort of preparation for unforeseen circumstances if you have at least one vehicle at home. Most emergencies don’t give prior signs and choose no time to occur.

However, on the other side of the many benefits of having your own car lies the fact that a vehicle purchase requires a huge amount of money and not everyone is ready for it. Meanwhile, nowadays, there are a lot of options that you can turn to.

The Bank of the Philippine Islands or more commonly called BPI is one of those entities with the best offers when it comes to assistance for a car purchase. You may apply for a regular loan or you may also choose the BPI Auto Loan Zero Cash-Out offer.

Instead of making a cash-out for downpayment, you can have your deposit savings as a holdout to serve as the downpayment. The loan can push through even without withdrawing your money from the bank to pay for the deal.

Who are qualified to apply for BPI Auto Loan Zero Cash-Out Offer? To be eligible to apply for this loan offer, the applicant must be:

• an individual applicant
• having a savings, current, or time deposit account
• keeping an equivalent of 20% of the price of the vehicle in the deposit account

According to BPI, the loan is payable for up to 60 months. It is open for the purchase of both brand new and second-hand or pre-owned vehicles.

You may also visit – APPLY BPI LOAN – Guide On Easy Online Application For BPI Loans