Guide on the Monthly Payment in Buying Brand New Car Under RCBC Auto Loan
RCBC AUTO LOAN – Here is a guide on how much is the monthly payment in purchasing a brand new car under this loan offer.
Undeniably, a lot of people wanted to buy a car first before purchasing a house. This happens most especially when there is a struggle in commuting in the area where a person wanted to live someday.
The good news is that getting your own car is easier nowadays. A lot of banks are willing to assist individuals who are in the pursuit of buying their own vehicle – whether a brand new or a pre-owned one.
With regards to offers that cover the purchase of brand new vehicles, one of them is RCBC Auto Loan by Rizal Commercial Banking Corporation. It features low down payment and affordable monthly amortizations.
Under the said loan offer, you only have to prepare 20% of the selling price of your target vehicle. Also, you can stretch out the repayment of your loan for up to sixty (60) months or five (5) years.
Do you want to know how much you can borrow under this loan? You may visit – RCBC LOANS LOANABLE AMOUNTS – Updated & Complete List of Loanable Amounts.
There are minimal eligibility qualifications in applying for the said loan offer. To be eligible, the applicant must be:
- a Filipino citizen or a foreigner with ACR
- between 21 to 65 years old
- employed or self-employed
If the applicant is employed, he or she must be in a regular or permanent status for at least two (2) years already in the current company. For self-employed applicants, the business operation must be profitable for at least two (2) years now.
Are you planning to push through with this loan offer? You might want a guide on how to apply for this loan offer. You may visit – RCBC AUTO LOAN – How To Apply & Requirements To Prepare.
You might also like to know your possible monthly payment in buying a brand new car under the RCBC Auto Loan offer. You may check on the online calculator provided by the bank – https://cutt.ly/iehaSL9.
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.
READ ALSO: RCBC Personal Loans & Corporate Loans Offered To Public (Full-List)