Guide on How Much You Can Borrow for Pre-Owned Car Purchase Under RCBC Auto Loan
RCBC AUTO LOAN – Here is a guide on how much you can borrow for a pre-owned car purchase under the Rizal Commercial Banking Corporation loan offer.
One of the things that undeniably contribute a lot to a convenient and comfortable life is a car. If you have your own car, the daily transportation won’t be much of a hassle. It is no secret to the public that commuting would really ask you to get up early to be able to catch a ride amid the thousands of people who are rushing to work or school too.
Also, a car is a practical possession and an excellent preparation for emergency cases. In case someone in the house suddenly fell ill, you can bring your loved one to the nearest hospital right away. It can greatly help most especially in life and death situations.
However, not everyone can purchase a car – if you will do it in cash. You may prefer to settle to pre-owned vehicles if you want a lesser selling price and apply for a loan offer like the RCBC Auto Loan.
Who are eligible to apply for the said RCBC loan offer?
- a Filipino citizen / foreigner with ACR
- between 21 to 65 years old
- permanently employed for two (2) years or running a business that is profitable for at least two (2) years up to the present
The RCBC Auto Loan got high loanable amounts. Here is a list of how much you may borrow under the said loan offer for the purpose of a pre-owned car purchase:
- Minimum Loanable Amount – Php 200,000.00
- Maximum Loanable Amount – Up to 70% of the appraised price
Do you want to apply for the said loan RCBC loan offer? For a guide on the process in applying, feel free to visit – RCBC AUTO LOAN – How To Apply & Requirements To Prepare.
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