Guide on the Maybank Super Bike Loan 2024 Offer for Application
MAYBANK SUPER BIKE LOAN 2024 – You can check here the details about the loan that can help you buy your dream motorcycle.
Countless people are really into motorcycles. In fact, many individuals who already have four-wheeled vehicles still have the love for big bikes and they really find time to go into rides to unwind.
However, truth be told that a big bike may also require a huge amount of money. Meanwhile, nowadays, there are entities that you can turn to for the financing of a big bike purchase. In the Philippines, one of the banking entities that you may turn to is Maybank.
Aside from the car loan offers of Maybank, the bank also offers Maybank Super Bike Loan that is ready to finance the purchase of big bikes. here are the unit eligibility requirements set by the bank under the loan offer:
- new Super Bike
- minimum 400cc motorcycle
- unit from any of the following brands:
- BMW
- Ducati
- Harley Davidson
- Honda
- Indian
- Kawasaki
- KTM
- MV Agusta
- Royal Enfield
- Suzuki
- Triumph
- Yamaha
Under the Maybank Super Bike Loan, the maximum loanable amount is dependent on the loan term chosen. For loans that are between 12 to 24 repayment terms, up to 80% of the unit price may be financed by the bank.
The loan term can be extended to up to 36 monthly installments. In this case, up to 70% of the base unit price of the vehicle may be financed by the bank.
With regards to the interest rate under the Maybank Super Bike Loan, it is also dependent on the loan term chosen. Here is a guide on the interest rates set by the bank:
Term (months) | Add-On Rate |
12 | 11.54% |
18 | 15.18% |
24 | 19.44% |
36 | 28.24% |
The loan offer is open for both employed and self-employed individuals who qualify the eligibility requirements set by the bank. There are varying qualifications and Maybank Super Bike Loan requirements for application.