List of Philippine National Bank / PNB Auto Loan Interest Rates
PNB AUTO LOAN INTEREST RATES – Here is a list of the interest rates implemented by Philippine National Bank under its auto loan offer.
Are you planning to buy your first car soon? Or a new car? Whether you are up to buying a brand new or a pre-owned one, the Philippine National Bank may help you. It is one of the banks that have car loan offers.
Under the said auto loan offer of the government bank, there are only a few lists of eligibility and documentary requirements. To be eligible, the applicant must be:
- between 21 to 65 years old
- a Filipino citizen or a foreigner based in the Philippines
- employed or self-employed with a stable source of income
Do you want to know how much you can borrow under the said offer? Here is a list of the loanable amounts under it:
Brand New Vehicle
- Minimum Loanable Amount – Php 300,000.00
- Maximum Loanable Amount – Up to 80% of the purchase price of the vehicle
Second-hand Vehicle
- Minimum Loanable Amount – Php 150,000.00
- Maximum Loanable Amount – Up to 75% of the purchase price of the vehicle
Refinanced Vehicles
- Minimum Loanable Amount – Php 300,000.00
- Maximum Loanable Amount – Up to 80% of the purchase price of the vehicle
There are competitive rates under PNB Auto Loan. Based on an article on eCompare Mo, here is a list of the interest rates implemented under this offer:
1 Year – 9.63%
1 1/2 Year – 9.54%
2 Years – 9.74%
3 Years – 9.93%
4 Years – 10.03%
5 Years – 10.18%
Based on the article, the said offer is open for sedan and sports utility vehicles (SUVs). The appraisal fee is at Php 3,500.00.
Do you want to apply for the said offer? You may visit – PNB AUTO LOAN – How To Apply & Requirements To Prepare.
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 Personal Loans & Business Loans – Full & Updated List of Loan Offers
