Guide on RCBC Auto Loan Requirements 2025 for Application
RCBC AUTO LOAN REQUIREMENTS 2025 – For employed individuals who want to apply for the offer, here are the documents that you should submit to Rizal Commercial Banking Corporation.
Having your own car brings a lot of advantage. Thus, more and more people now are willing to apply for a loan in the pursuit of getting a vehicle of their own. In the Philippines, one of the entities that you may turn to is the Rizal Commercial Banking Corporation.
More popularly called RCBC, the Rizal Commercial Banking Corp. is one of the longest-serving trusted banking entities in the country. It serves millions of Filipinos across the nation and has helped countless people acquire their own house and car.
The RCBC has several loan offers. Aside from the RCBC Salary Loan offer, the bank also has the RCBC Auto Loan offer that is ready to finance the purchase of both brand new and pre-owned vehicles. The bank boasts its loan offer with a fast loan application process — a 1-day approval process as well as flexible financing solutions.
Are you excited to drive your own car soon? One of the most important steps to make is to prepare all the RCBC Auto Loan requirements which would depend if you are employed or self-employed. But, prior to that, it is important to first check if you are qualified to apply for the offer.
For the qualifications under the offer, here are the eligibility requirements that an employed individual should meet to qualify for the loan application:
- Filipino Citizen or Dual Citizen
- at least 21 years old upon the loan application
- 70 years old and below upon the loan maturity
- must have a mobile number and a residence or office landline
- with a minimum employment tenure of 1 year and minimum gross monthly income of Php40,000
There are only a few documents that employed individuals should prepare and submit to the bank in applying for the offer. For salaried loan applicants, here are the RCBC Auto Loan requirements for application:
- duly-accomplished and signed RCBC Auto Loan Application Form
- Certificate of Employment (COE) or latest Income Tax Return (ITR)
- 2 valid government-issued IDs
- TIN or Tax Identification Number
- Utility Bill
Submit your documents to the nearest branch of RCBC to process your loan application. Aside from the Auto Loan offer, the reputable banking entity also offers RCBC Cash Loan.