Guide on How Much You Can Borrow Under RCBC Auto Loan (Brand New Car)
RCBC AUTO LOAN – Here is a guide on how much you can borrow for a brand new car purchase under the said offer of the Rizal Commercial Banking Corp.
More and more people now are planning to buy their own car soon because of its advantages. By having your own vehicle, you can easily go most especially in emergency cases. You can get to anywhere you want, any time.
Undeniably, riding in your own vehicle also treats you with utmost comfort during the travel. You can stop by anywhere you want to grab some food without the worries of finding it hard to catch a ride after.
However, undeniably, purchasing a car will require a huge amount of cash – most especially if it is brand new. Meanwhile, nowadays, there are several options like the RCBC Auto Loan.
The said RCBC loan offer features low downpayment options, high loanable amounts, and flexible payment terms. To be eligible to apply for the said offer, the applicant must be:
- a Filipino citizen or a foreigner with ACR
- between 21 to 65 years old
- employed or self-employed
- If employed, the applicant must be employed for at least two (2) years.
- If self-employed, the applicant must be running a business that is profitable for at least two (2) years now
Do you want to know how much you can borrow under the RCBC Auto Loan for a brand new car purchase? Here are the minimum and the maximum loanable amounts under the said offer:
- Minimum Loanable Amount – Php 300,000.00
- Maximum Loanable Amount – Up to 80% of the selling price of the car
With regards to the repayment for the said RCBC loan, you may pay for it in twelve (12) up to sixty (60) months. Are you interest in applying for this offer? Feel free to visit this page for the application process and the requirements in applying – RCBC AUTO LOAN – How To Apply & Requirements To Prepare.
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