Guide on Maybank Truck Loan Loanable Amount
MAYBANK TRUCK LOAN – Here is a guide on how much you can borrow under this loan offer of Maybank Philippines.
Most banks in the Philippines do not only offer savings and deposit accounts now. They have extended their offers with credit cards and loans that are open for a wide range of individuals.
One of the banks with multiple loan offers is Maybank Philippines. It has a personal loan offer, home loans, and car loans which you may apply for depending on your purpose.
With regard to car loan offers of Maybank, what is great is that it is not only open to assist the purchase of a vehicle for personal purposes. Do you need a huge vehicle to expand your business’ services?
No worries, you may apply for Maybank Truck Loan as long as you have no adverse records and your business is operating for at least three (3) years already upon the loan application.
According to the bank, there is no limit as to the truck covered under its loan offer. You may apply for a loan to purchase a 4-wheeler truck or a 10-wheeler one – one any truck in between.
Furthermore, this loan offer is not only open for brand new trucks. You may also apply for an assistance to purchase a surplus truck or a reconditioned one.
With regard to the loanable amount under the Maybank Truck Loan offer, you may borrow as much as 70% of the appraised value of your vehicle. You may repay the loan for up to 36 months.
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