Full List of Robinsons Bank Loans & their Features
The Robinsons Bank has several loans that attend to different purposes and they are open for both salaried and non-salaried individuals.
One of the popular banks in the Philippines now is the Robinsons Bank. Also called the RBank, it is a commercial bank that is operating in the country for years now since 1997. It is under the JG Summit Holdings.
The offers of the bank encompass both personal and business categories. Under the personal category, it has several loans and one of them is the Motorcycle Loan or the “Go! Motorsiklo Loan” offer.
The said loan offer is ready to finance the purchase of both brand new regular or solo bikes and big bikes. It is also open to financing the purchase of second-hand motorcycle units.
Under the Motorcycle Loan offer, the bank requires a downpayment of only 10% of the standard retail price (SRP) for the financing of regular and solo bikes, at least 30% of the SRP of big bikes, and at least 8% of the SRP of second-hand units.
The Robinsons Bank offers a maximum of 36 monthly installments under its Motorcycle Loan offer. To qualify for the loan offer, here are the eligibility requirements for application:
- at least 21 years old at the time of the loan application
- not more than 65 years old upon loan maturity
- owning a residence for at least a year already or renting for at least two (2) years
- with a stable source of income:
- For Employed: Regular employee for at least one (1) year
- For Business: Should be in operation for at least 2 years
Here are the requirements in applying for the Robinsons Bank Motorcycle Loan offer:
Locally Employed
- Filled-out and signed application form
- Latest one month payslip / Certificate of Employment
- Photocopy of government issued IDs
- Proof of billing
Self Employed
- Filled-out and signed application form
- Latest 3 months Bank Statements
- DTI Registration
- Photocopy of government issued IDs
- Proof of billing
Overseas Filipino Worker
- Filled-out and signed application form
- Employment Contract
- 3 months Proof of remittance
- Photocopy of government issued IDs
- Proof of billing
Partnership or Corporation
- Filled-out and signed application form
- Latest 3 months Bank Statements
- Latest GIS
- Income Tax Return (ITR) & Audited Financial Statement (AFS) for the last 3 years
Aside from the Motorcycle Loan offer, the bank also has an Auto Loan offer. Are you planning to get a four-wheeled vehicle instead?