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PNB Smart Auto Loan – Minimum & Maximum Loanable Amounts Under It

Guide on the Minimum & Maximum Loanable Amounts Under PNB Smart Auto Loan

PNB SMART AUTO LOAN – Here is a guide on the minimum and maximum loanable amounts under the auto loan offer of the PNB Savings Bank.

Do you want to have your own car soon but your pockets and bank accounts still say “no”? Undeniably, doing it in cash would really require a huge amount of money. Whether it is brand new or pre-owned, hundreds of thousands or even millions may be needed.

This is the reason why other people would take loan offers to get their dream car. At least, you get to enjoy its benefits while paying for it in light monthly installments.

When it comes to auto loan offers, it may be provided by banks and lending companies. Each offer may bear different features such as loanable amounts, loan terms, interest rates, etc.

PNB Smart Auto Loan

One of the offers you might like is the PNB Smart Auto Loan. You may apply for it at PNB Savings Bank, a subsidiary bank of the Philippine National Bank or more popularly known as the PNB.

The said loan offer is open for both brand new or second-hand cars. To be eligible to apply for it, the applicant must be:

  • at least 21 years old but not more than 65 years old upon the loan maturity
  • employed or self-employed with a stable source of income

Do you want to know how much you can borrow under the PNB Smart Auto Loan? Here are the minimum and maximum loanable amounts under this offer:

Brand New Car

  • Minimum Loanable Amount – Php 300,000.00
  • Maximum Loanable Amount – Up to 80% of the purchase price of the vehicle

Pre-Owned Car

  • Minimum Loanable Amount – Php 150,000.00
  • Maximum Loanable Amount – Up to 75% of the appraised value of the vehicle

Are you planning to apply for the said loan offer? You may visit the official website of the PNB Savings Bank.

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

READ ALSO: PNB SAVINGS BANK LOANS – Full List of PNB Savings Bank Loan Offers

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