Robinsons Bank Auto Loan – Who Are Eligible To Apply For It

Guide on Robinsons Bank Auto Loan Eligibility Requirements or Qualifications

ROBINSONS BANK AUTO LOAN – Here is a guide on who are eligible to apply for this loan offer of Robinsons Bank.

Nowadays, a lot of people are planning to get a car because of the benefits it can bring. Having your own vehicle gives you not only the convenience in traveling but as well as safety or security. You can drive at the speed that can keep you and your family safe.

Also, it is a preparation for unforeseen circumstances like emergencies. When unwanted medical emergencies take place, you have a car and can quickly rush to the nearest hospital.

However, a car purchase requires financial preparedness. Meanwhile, there are options so you don’t anymore have to wait until save enough money for a car purchase. You may apply for loan.

Have you heard about the Robinsons Bank Auto Loan offer? It is open for both brand new and pre-owned vehicles. Do you want to know who are eligible to apply for it?

Eligibility Requirements / Qualifications

All loans have eligibility requirements. To be eligible to apply for the Robinsons Bank Auto Loan, the applicant must be:

• at least 25 years old
• a Filipino or a foreign citizen
• having a stable source of income
  • If employed, the applicant must be working for at least three (3) years and in the current company or employer for at least six (6) months already.
  • If self-employed, the applicant must be running a business that is operational for at least three (3) years already.

According to Robinsons Bank, the maximum loan terms for the purchase of a brand new vehicle is sixty (60) months. For pre-owned cars, the maximum loan term is forty-eight (48) months.

Aside from the said car loan offer, the bank also offers assistance in buying a motorcycle through a loan. You may visit – ROBINSONS BANK MOTORCYCLE LOAN – List of Loanable Amounts Per Motor Type.

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