RCBC Auto Loan – How Much Is the Required Income in Applying

Guide on How Much Is the Income Requirements in Applying for RCBC Auto Loan

RCBC AUTO LOAN – Here is a guide on how much is the required annual income in applying for the car loan offer of Rizal Commercial Banking Corporation.

One of those that provide options for people who wanted to purchase a car soon is Rizal Commercial Banking Corporation. More commonly called as RCBC, it got different loan offers for the public.

Among its loan offers is the Auto Loan. It can help you whether you are planning to purchase a brand new car or a pre-owned vehicle.

There are only a few eligibility qualifications set by the bank in applying for the RCBC Auto Loan. To be eligible, the applicant must be:

• between 21-65 years old
• a Filipino citizen or a foreigner with ACR
• having a stable source of income
  • permanently employed for at least two(2) years already; or
  • running a profitable business for at least two(2) years now

Aside from the said qualifications, like in other banks, there is a required income in applying for RCBC Auto Loan based on an article on eCompare Mo. To be eligible, the applicant must be earning at least Php 600,000.00 every year.

Required Income = Php 600,000.00 annually

Based on the article, it is not required that you really have an account with RCBC to be eligible for the loan offer. Do you want to know how much you can borrow? Feel free to visit this page – RCBC LOANS LOANABLE AMOUNTS – Updated & Complete List of Loanable Amounts.

The requirements in applying for this loan offer depends on whether the applicant is employed or self-employed. You may visit – RCBC 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.

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