How Much Is Loanable under Robinsons Bank Car Loan offer?
ROBINSONS BANK CAR LOAN – The Robinsons Bank can finance your car purchase and here are the minimum and maximum loanable amounts.
Banks are among the entities that you can turn to for loans. In fact, most banks in the Philippines have multiple loan offers that can attend to different kinds of purposes. Most huge purchases are undeniably done through a loan.
In the Philippines, one of the banks you can turn to for loans is Robinsons Bank. It has several consumer loan offers that can help you achieve your dream vehicle or house.
If you plan to buy a car and you want to do it under a loan, you may apply for Robinsons Bank Car Loan. It is open to finance the acquisition of a brand new vehicle or a pre-owned car as well as the refinancing of an existing car loan.
How much you may borrow under the Robinsons Bank Car Loan offer? The specific amounts actually depends on the selling price of the vehicle you wish to purchase. Here are the maximum loanable amounts:
- Brand New Vehicle – up to 80% of net cash price of the vehicle
- Pre-owned Vehicle – up to 70% of the appraised value of the vehicle
Who are qualified to apply for this loan offer? To be eligible to apply for this loan offer, the applicant-borrower must be:
- at least 25 years old
- a Filipino or a foreign citizen
- employed or running a business
There are documents that you will need in applying for this loan offer. To check on the requirements, you may visit – Requirements for Robinsons Bank Loan for Auto Purchase.
To apply for this loan offer, you may visit the branch of Robinsons Bank nearest to you. You might like to check the house loan offer of the bank, feel free to visit – Robinsons Bank Home Loan: How To Apply & Requirements Needed.