Guide on Robinsons Bank Auto Loan Loanable Amounts
ROBINSONS BANK AUTO LOAN – Here is a guide on how much you can borrow under this Robinsons Bank loan offer.
Having your own car now does not only offers your convenience in traveling but as well as safety. You can drive in a speed that is safe for you and your loved ones.
Also, when emergency cases take place, you have a vehicle that you can use to get to the nearest hospital or to wherever you must go right away. It is one of the preparations for unforeseen circumstances.
In buying a car, you need to have a huge amount should you wish to do in cash. Meanwhile, for those who are not yet ready to buy it in cash, you may seek the assistance of banks and lending companies.
The Robinsons Bank is one of the banks that have different loan offers. With regards to assistance for vehicle purchase, it is open for both brand new and used cars.
According to the bank, for brand new vehicles, you can repay the loan from twelve (12) up to sixty (60) months. For pre-owned cars, the loan term available is from twelve (12) months to forty-eight (48) years.
Like in other loans, there are qualifications in applying for this loan offer. To check on whether or not you are eligible to apply for it, you may visit – Robinsons Bank Auto Loan – Who Are Eligible To Apply For It.
How much you can borrow under the Robinsons Bank Auto Loan? With regard to the loanable amount, there is a different between the brand new car and the pre-owned vehicle’s loanable amounts.
- Brand New Car – Up to 80% of the net cash price of the vehicle
- Used Car – Up to 70% of the appraised value of the vehicle
Are you interested to apply for this Robinsons Bank loan offer? You may head to the nearest Robinsons Bank branch to you.
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 Salary Loan – Is This Loan Offer Open for Everyone?
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