Maybank Auto Loan Refinancing – How Much You Can Borrow Under It

Guide on Maybank Auto Loan Refinancing Loanable Amounts

MAYBANK AUTO LOAN REFINANCING – Here is a guide on how much you can borrow under this Maybank loan offer.

Maybank is one of the banks in the Philippines with auto loan offers. These are just some of the several loans that the bank has for the public.

What makes the Maybank Auto Loan offers really impressive is the wide range of purposes it covers. You may apply for it for any of the following purposes:

• Purchase a brand new car
• Buy a pre-owned vehicle
• Buy a truck for personal or business purposes
• Use your vehicle as collateral for multi-purpose loan

With regards to using your car as a collateral for a multi-purpose loan or to obtain cash, it is under the Maybank Auto Loan Refinancing. Your vehicle can help you raise funds for your personal needs and even for your business needs as well.

The loanable amount under Maybank Auto Loan Refinancing depends on your vehicle. You can borrow up to 60% of the appraised value of your car.

Maybank has set eligibility requirements or qualifications under its loan offer. To check whether or not you are qualified to apply for it, you may visit – Maybank Auto Loan – Who Are Eligible To Apply for Refinancing Purpose.

Here is the list of the documents that you must prepare and submit to Maybank if you are interested to apply for its loan offer:

• Completely filled-out and signed application form
• 2 valid IDs (borrower and spouse / authorized signatory)
• Latest income tax return
• Compensation certificate, income indicated (if employed)
• Business Papers (SEC Registration, Articles of Incorporation & By-Laws if Partnership and Corporation; DTI Registration if Single Proprietorship)
• Latest 3 months Bank Statements (if self-employed)
• Latest Audited Financial Statements (for Corporate Borrowers)
• Copy of LTO Registration, Original LTO Registration and LTO Official Receipt of the vehicle for unit inspection and car history verification

Thank you for visiting our website. We hope we have helped you with regard to this matter. You may keep coming back for more informative guides.

READ ALSO: Maybank Personal Loans & Business Loans – Full & Updated List