Guide on PSBank Car Loan Qualifications for Application
PSBANK CAR LOAN – Here is a guide on who are qualified to apply for the auto loan offer of the Philippine Savings Bank (PSBank).
There are two things that are the most common aspirations of most people – a house and a car. Truly, these are huge investments that brings a lot of benefits.
If you have your own car, you can get to your destination at your target time. Undeniably, it is also a sort of preparation for emergency situations as you’ll have something to use even at the wee hours of the night.
However, buying a car requires a huge amount of money. That is the reason why it is something that cannot be easily achieved. Meanwhile, if you have a stable source of income, you don’t need to wait to be able to save hundreds of thousands before getting your own vehicle.
Whether you are employed or self-employed, as long as you have a stable source of income, you may apply for a loan. One of these offers is the PSBank Car Loan.
This auto loan offer is open to assist the purchase of a brand new car and as well as a pre-owned vehicle. Its maximum loan term offer is 60 months.
Who are qualified to apply for the PSBank Car Loan offer? To be eligible to apply, the applicant must be:
- at least 21 years old upon the loan application but not more than 65 years old upon the loan maturity
- Filipinos, foreigners holding permanent resident / immigrant visas (permanent residents) and certain non-immigrants and embassy officials (temporary residents), subject to specific limitations and conditions.
- If employed, must have a tenure of at least two years.
- If engaged in business, must be operating profitably for the last two years.
Do you want to know how much you can borrow under this loan offer? You may visit – PSBank AUTO LOAN – Minimum & Maximum Loanable Amounts.
To apply for the said loan offer, you may visit the branch of PSBank nearest to you. The requirements may vary depending on whether you are employed or self-employed.
Thank you for visiting our website. We hope we have helped you with regards to this PSBank offer. You may keep coming back for more informative guides.
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