Guide on the Requirements for RCBC Car Loan Offer Application
REQUIREMENTS FOR RCBC CAR LOAN – Here are the documents needed in applying for the auto loan offer of Rizal Commercial Banking Corporation (RCBC).
Are you looking for a bank where you may apply for a car loan? You may turn to Rizal Commercial Banking Corp. or more popularly called the RCBC. It is one of the banking giants in the country.
The car loan offer of RCBC is open for both brand new and pre-owned vehicles. You can check the other details of the loan offer below.
The RCBC Auto Loan offer is open for both employed and self-employed individuals. There are eligibility requirements in applying for the loan offer. To be eligible for the offer, the borrower must be:
- a Filipino Citizen or dual citizen
- at least 21 years old upon the loan application
- not more than 65 years old upon the loan maturity if employed and not more than 70 years old upon the end of the loan term if self-employed
- having a mobile number and a residence or office landline
- having a stable source of income
- If employed, the loan applicant must be working for at least a year already and earning a minimum gross monthly income of Php 40,000.00.
- If self-employed, the business must be in profitable operations in the past two (2) years.
Do you know how much you may borrow under the loan offer? You may visit – RCBC CAR LOAN: Minimum & Maximum Loanable Amounts & Terms.
Documentary Requirements for RCBC Car Loan Application
| For Employed Applicants | For Self-Employed Applicants |
| duly-accomplished and signed RCBC Auto Loan Application Form | duly-accomplished and signed RCBC Auto Loan Application Form |
| Certificate of Employment (COE) or latest ITR | Business registration with the Department of Trade and Industry (DTI) |
| Utility Bill | Income Tax Returns (ITR) or bank statements |
| 2 valid government-issued IDs | Audited financial statements |
| Tax Identification Number (TIN) |
The RCBC has several other loan offers for the public. To check on the full list of loans that you may apply for, feel free to visit – RCBC LOANS: List of RCBC Loan Offers & the Requirements in Applying.