Guide on the PSBank Auto Loan Qualifications for Application
PSBANK AUTO LOAN QUALIFICATIONS – Here is a list of the eligibility requirements set by the Philippine Savings Bank (PSBank) in applying for an Auto Loan offer.
Are you one of those people who wants to get a car soon but you are not yet ready for a one-time full payment? You might like to consider paying for a car through monthly amortizations. It is possible through a loan offer.
Several banks in the Philippines have auto loan offers. Furthermore, most of these banks offer financing assistance for both brand new and secondhand vehicle.
The Philippine Savings Bank or more commonly called as PSBank is one of those that can assist you in buying a car through a loan.
The bank has set a list of eligibility requirements in applying for the auto loan. Here is a list of the PSBank Auto Loan qualifications in applying for the offer:
- Borrower must be at least 21 years of age and not more than 65 years at the time of 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 a business, must be operating profitably for the last two years.
- Gross monthly family income of at least PhP30,000.00.
Aside from the PSBank Auto Loan qualifications, you might also like to know the loanable amounts under this offer. To check on how much you may borrow, visit – PSBank AUTO LOAN – Minimum & Maximum Loanable Amounts.
To apply, you may visit the nearest branch of PSBank to obtain a loan application form. Aside from this offer, the bank may also assist you in buying a house. You may visit – Apply PSBank Home Loan for House & Lot Purchase (Application Guide).
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.
READ ALSO: PSBank Online Loan Inquiry – How To Inquire For Your Loan Online
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