Check here the Robinsons Bank Auto Loan Features & Requirements for Application
ROBINSONS BANK AUTO LOAN 2025 – The bank is ready to help you get your dream car under excellent loan features now.
Nowadays, there are a lot of options for individuals who want to achieve their dream car but does not want to pay for it in cash. There are several banks in the Philippines that offer car loans. In fact, many of these entities are ready to finance the acquisition of both brand new and pre-owned vehicles.
One of the car loan-providing banks in the Philippines is the Robinsons Bank. It is a reputable banking entity in the country. Aside from the Robinsons Bank Motorcycle Loan offer, the bank also offers the Robinsons Bank Auto Loan.
The Robinsons Bank Auto Loan is open to finance the purchase of both brand new and used cars. Here are the loanable amounts under the offer:
- Brand New – Up to 80% of Net Cash Price
- Used Cars – Up to 70% of appraised value
The Robinsons Bank seek a downpayment that is equivalent to 20% of the Standard Retail Price (SRP) of the vehicle. With regards to the loan term, the minimum loan term is 12 months but the maximum loan term varies.
- Brand New – 60 months
- Used Cars – 48 months
The Robinsons Bank Auto Loan is also ready to refinance an existing car loan. Here are the interest rates under the loan offer:
| Tenor | Add-On Rate (AOR) | One Month Advance (OMA) |
|---|---|---|
| 12 months | 5.02% | 4.31% |
| 18 months | 7.20% | 6.46% |
| 24 months | 10.47% | 9.67% |
| 36 months | 16.48% | 15.56% |
| 48 months | 22.38% | 21.40% |
| 60 months | 28.76% | 27.70% |
With regards to the eligibility requirements for application to the Robinsons Bank Auto Loan, it is open for individuals who are Filipino or foreign citizens who are at least 25 years old at the time of application. If employed, the loan applicant must be working for at least 3 years and with current employer for at least 6 months. If self-employed, the business should be in operation for at least 3 years.
Here is a guide on the documentary requirements for the Robinsons Bank Auto Loan application:
Locally-Employed Clients
- Complete and signed Robinsons Bank Loan Application Form
- Certificate of Employment
- Income Tax Return (ITR) BIR form 2316
- Photocopy of government issued IDs
- Proof of billing
Self-Employed Clients
- Complete and signed Robinsons Bank Loan Application Form
- Latest 3 months Bank Statements
- DTI Registration
- Photocopy of government issued IDs
- Proof of billing
OFWs (Land-Based)
- Complete and signed Robinsons Bank Loan Application Form
- Certificate of Employment
- Income Tax Return (ITR) BIR form 2316
- Photocopy of government issued IDs
- Proof of billing
OFWs (Sea-Based)
- Complete and signed Robinsons Bank Loan Application Form
- Latest 3 months Bank Statements
- DTI Registration
- Photocopy of government issued IDs
- Proof of billing
Partnership or Corporations
- Complete and signed Robinsons Bank Loan Application Form
- Certificate of Employment
- Income Tax Return (ITR) BIR form 2316
- Photocopy of government issued IDs
- Proof of billing