Maybank Auto Loan Refinancing – How Much You Must Pay For Monthly

Guide on Maybank Auto Loan Refinancing Monthly Amortization

MAYBANK AUTO LOAN REFINANCING – Here is a guide on how much you must pay for monthly if you will apply for an auto refinancing to Maybank.

Are you in need of some extra cash? Banks are among the entities that you may turn to as long as you have a stable source of income. Borrowing an amount is also easier if you have properties that you can use as a collateral.

One of the banks in the Philippines with several loan offers is Maybank. It has a home loan offer, a personal cash loan, and an auto loan.

Under the auto loan offer of Maybank, you may apply for the financing of a purchase of a brand new or second-hand vehicle. You may also apply for a refinancing of a car using your vehicle as the collateral to obtain some cash.

Maybank Auto Loan Refinancing

Like in other loan offers, there are qualifications in applying for refinancing. You may visit – Maybank Auto Loan – Who Are Eligible To Apply for Refinancing Purpose.

Under this loan offer, you may borrow up to 60% of the appraised value of your vehicle. You may repay the loan for up to 24 months. Do you want to check how much you must pay for monthly under Maybank Auto Loan refinancing?

Maybank has opened its lines for inquiries. You may contact the bank at (+632) 7739-1650. With regards to the requirements in applying, the following documents must be submitted:

  • 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

READ ALSO: Maybank Auto Loan – How To Apply For Loan Using Car As Collateral

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