Guide on Other Metrobank Car Loan Fees Aside from the Monthly Due
METROBANK CAR LOAN FEES – Here is a list of what you must pay for aside from the monthly due under the car loan offer of Metrobank.
Nowadays, the benefits of having your own car becomes more and more visible and catchy. If you have your own “wheels” as many would call it, you get to anywhere you have to anytime. It is one of the excellent preparations for emergency situations.
Also, if you have your own car, you can travel comfortably and make sure that the speed limit promotes your and your loved ones’ safety. You may also evade getting stuck in the traffic as you can pass through a different route to get to your destination faster.
These are just some of the reasons why many would opt to take a car even under a loan. There may be extra fees like the interest but the benefits of having it now or soon may outweigh it.
Car loans are usually offered by banks and lending companies. One of the banks with the said offer is Metrobank.
There are eligibility qualifications in applying for the Metrobank Car Loan. To be eligible to apply for it, the applicant must be:
- a Filipino
- between 21 to 65 years old but not older than 65 years old upon the loan maturity
- earning at least Php 40,000.00 monthly
- having no bad credit history
Do you want an idea of how much you may borrow under this car loan offer? You may check it here – Metrobank Car Loan – How Much You Can Borrow Under This Offer.
With regards to the repayment of the loan, the maximum loan term is sixty (60) months. Aside from the monthly due, there are other Metrobank Car Loan fees that you must prepare for. Here is a list of them:
- Chattel Mortgage Fee
- Handling Fee
- Comprehensive Motorcar Insurance Policy with Acts of Nature Coverage
Are you interest to apply for this offer? You may visit – METROBANK CAR LOAN – How To Apply & The Requirements Needed.
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READ ALSO: METROBANK LOANS – Full List of Metrobank Loan Offers You May Apply For