Requirements for Security Bank Auto Loan Offer for Employed Applicants (Locally)

Guide on Requirements for Security Bank Auto Loan Offer Application for Employed Applicants

REQUIREMENTS FOR SECURITY BANK AUTO LOAN EMPLOYED – Here are the documents that you need to prepare in applying for car loan.

Are you planning to get your dream car under a loan offer and you are looking for a bank where you can apply for a loan? You may turn to Security Bank – one of the big names in the Philippine banking industry. You can check on the details of the loan offer below.

Requirements for Security Bank Auto Loan

The Security Bank Auto Loan offer is open for several purposes. You may apply for the loan offer for the financing of any of the following:

  • acquisition of brand new or pre-owned car for personal use
  • refinancing of a car loan take-out
  • reimbursement of the purchase of a brand new vehicle
  • purchase of a brand new car for business use such as the following:
    • car rental services
    • transport services
      • taxi
      • Grab
      • UV Express
      • school service
      • company use or employee service
    • cargo
      • trucks

With regards to the requirements for Security Bank Auto Loan offer for applicants who are locally employed, there are basic requirements as well as specific documents that must be submitted as proof of income.

Lists of Requirements for Security Bank Auto Loan Offer

Basic Requirements:

  • duly-accomplished and signed Security Bank Auto Loan Application Form
  • valid government-issued ID of borrower, spouse (if the borrower is married), co-borrower, co-maker, and other signatories of the loan
    • the ID should bear the photo and signature of the owner

Proof of Income

  • latest Certificate of Employment with Compensation
  • any of the following:
    • latest Income Tax Return (ITR)
    • Bureau of Internal Revenue (BIR) Form 2316 duly stamped by BIR
    • payslips for at least three (3) months

To apply, go to a branch of Security Bank and submit your documents. You might also be interested to check on the other loan offers of the bank. Feel free to visit – SECURITY BANK LOANS – Full List of Loan Offers by Security Bank.

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