BPI SPECIAL AUTO LOAN – Here is a guide on how to apply and the requirements in applying for the zero cash-out offer of the Bank of the Philippine Islands (BPI).
Banks and lending companies are among the entities that people turn to in making huge purchases through installment payments. Most of these purchases include buying a house and lot or any residential property and a car.
Banks and lending companies got housing and auto loan offers. The Bank of the Philippine Islands is one of those with the said offers.
More commonly called BPI, the bank even has a special loan offer for the purpose of buying a vehicle. The said BPI Special Auto Loan offer boasts zero cash-out.
The auto loan offer of the bank covers both brand new and pre-owned vehicles. Under the special offer, you don’t need to withdraw the amount intended for the downpayment. It will serve as a hold-out deposit that is kept in your savings, deposit, or time deposit account.
How much can you borrow under this loan offer of the bank? The bank has set a different minimum loanable amount under its zero cash out offer. To check on how much you may borrow, feel free to visit – BPI Car Loan Zero Cash-Out: How Much You May Borrow Under It.
How To Apply for BPI Special Auto Loan Zero Cash Out
Step 1 – Check your eligibility to apply for the loan. For the qualifications set by the bank, you may visit – BPI Auto Loan Zero Cash-Out: Who Are Qualified To Apply for this Offer.
Step 2 – Gather the requirements. To check on the list of documents that you need to prepare in applying, you may visit – Requirements for BPI Auto Loan Zero Cash-Out Offer Application.
Step 3 – Submit the requirements to the branch of BPI nearest to you. Get ready for an interview.
You may also visit – BPI All-In Financing for Housing Loan: 2 Ways To Apply For It
