Full List of Loanable Amounts Per Motor Type Under the Robinsons Bank Motorcycle Loan
ROBINSONS BANK MOTORCYCLE LOAN – Here is a list of the loanable amounts under the motorcycle loan offer of the Robinsons Bank.
Nowadays, aside from car loans, there are also motorcycle loan offers by some banks in the Philippines. One of the banking companies with the said offer is the Robinsons Bank.
Undeniably, more and more people are getting hooked to motorcycle or big bike riding. Thus, this offer really opens an excellent opportunity for aspiring bikers or motorists.
The Robinsons Bank motorcycle loan is open for both the acquisition of a brand new vehicle or a second-hand unit.
Based on the official website of the bank, here is a list of the eligibility requirements set under the motorcycle loan offer:
The applicant must be…
- at least 21 years of age but not more than 65 years old upon the maturity of the loan
- a regular employee for at least one(1) year in current company (For employed applicants)
- operating a business for at least two(2) years (For self-employed applicants)
- owning a residential property for at least a year or renting for at least two(2) years
With regards to the loanable amount based on the type of motorcycle, here is an idea on how much you can borrow under the Robinsons Bank motorcycle loan offer:
Regular / Solo Bike Vespa Scooter
- Minimum Loanable Amount – Php 35,000.00
- Maximum Loanable Amount – Php 500,000.00
Downpayment – at least 10% based on the standard retail price (SRP)
TODA Member
- Minimum Loanable Amount – Php 35,000.00
- Maximum Loanable Amount – Php 500,000.00
Downpayment – at least 5% based on the standard retail price (SRP)
Big Bike
- Minimum Loanable Amount – Php 100,000.00
- Maximum Loanable Amount – Php 1,000,000.00
Downpayment – at least 30% based on the standard retail price (SRP)
Non-Conventional Vehicle
- Minimum Loanable Amount – Php 100,000.00
- Maximum Loanable Amount – Php 500,000.00
Downpayment – at least 15% based on the standard retail price (SRP)
To apply for a motorcycle loan, you may visit the official website of the bank – https://www.robinsonsbank.com.ph.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: ROBINSONS BANK LOANS – Full List of Robinsons Bank Personal Loan Offers
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