Guide on PNB Auto Loan Requirements for Application Process
PNB AUTO LOAN REQUIREMENTS – Here are the documents required by the Philippine National Bank in applying for its Auto Loan offer.
For decades now, one of the banking entities that is serving the Filipino people is the Philippine National Bank or more popularly called PNB. It has several offers including personal and business services.
Under the personal category, aside from the PNB Cash Loan offer, the bank also has the Auto Loan offer that can finance the purchase of a vehicle whether it is brand new or pre-owned. It is open for most types of vehicle including passenger car, AUV, SUV, pick-up, and van among others.
Under the loan offer, the loanable amount is at least Php 300,000.000 up to 80% of the price of the brand new vehicle.
The PNB Auto Loan offer is open not only for Filipinos but as well as for foreign nationals aged 21 to 65 years old upon the loan maturity and with a stable source of income. It is open for both salaried and non-salaried individuals.
The PNB Auto Loan requirements depend if you will apply for the loan as an employed individual or as a self-employed individual. Meanwhile, the bank has a short list of documentary requirements set under each.
What are the PNB Auto Loan requirements for application? Here’s a guide on the documents required by the bank:
For Locally-Employed Loan Applicants
- duly-accomplished and signed PNB Auto Loan Application Form
- two (2) government-issued valid IDs
- Certificate of Employment with Compensation or Payslip
- Latest Income Tax Return
For Self-Employed Loan Applicants
- duly-accomplished and signed PNB Auto Loan Application Form
- two (2) government-issued valid IDs
- Business papers with DTI Registration
- Latest Income Tax Return
- Latest Audited Financial Statements (AFS)
- Latest (6) six-months Bank Statements