Guide on Sterling Bank Auto Loan Requirements Corporate / Partnerships Must Submit To Apply
STERLING BANK AUTO LOAN REQUIREMENTS – For the corporate and partnerships who want to apply for the loan offer, here are the documents required by the Sterling Bank of Asia.
Nowadays, there are several entities in the Philippines that offer auto loans. Many of these entities are banks while others are lending companies. One of the banks with the said offer in the country is the Sterling Bank of Asia.
The Sterling Bank of Asia is operating in the Philippines for several years now offering personal and business finance products. Among these are loans which include the Sterling Bank Home Loan, the Sterling Bank of Asia Personal Loan, and the Sterling Bank Auto Loan.
The Sterling Bank Auto Loan is open not only for the employed and self-employed individuals but as well as partnerships and corporates. The Sterling Bank Auto Loan requirements for application vary.
In the case of corporates and partnerships, here are the Sterling Bank Auto Loan requirements that must be submitted to the bank:
- duly-accomplished and signed Sterling Bank Auto Loan Application Form
- at least 2 government-issued IDs
- Income Tax Return and Audited Financial Statements for the last 3 years
- Bank Statements for the last 3 years
- Secretary’s Certificate
- SEC Certificate of Registration
- Articles of Incorporation or Partnership
- By-Laws (for Corporation)
- Notarized Board Resolution/Partnership Resolution
- General Information Sheet
- List of Partners (for Partnership)
Under the loan offer, there are additional requirements in the case of the second-hand vehicles. Here are the additional documents required by the Sterling Bank of Asia for application:
- Original OR/CR (under the borrower’s/ applicant’s name)
- Other Requirements For Brand New & 2nd Hand Vehicles (if applicable)
- Notarized Deed of Sale
- PNP Clearance with Macro Etching
- 3 Sets of LTO Stencils
With regards to the ID requirements, here are the identification documents and cards that are acceptable to the Sterling Bank of Asia:
- Passport (Philippine Passport for Filipino applicants or any passport that proves identity)
- Driver’s License
- Professional Regulation Commission (PRC) ID
- National Bureau of Investigation (NBI) Clearance
- Police Clearance
- Postal ID
- Voter’s ID
- Taxpayer Identification Number (TIN) ID
- Barangay Certification
- Government Service Insurance System (GSIS) e-Card/Unified Multi-Purpose ID (UMID)
- Social Security System (SSS) ID
- Senior Citizen ID Card
- Overseas Workers Welfare Administration (OWWA) ID
- OFW ID
- Seaman’s Book
- Alien Certification of Registration/Immigrant Certificate of Registration/Special Investor’s
Resident Visa (SIRV)/Special Resident Retiree’s Visa (SRRV) - Government Office and GOCC ID
- ID issued by National Council on Disability Affairs (NCDA)
- Department of Social Welfare and Development (DSWD) Certification
- Integrated Bar of the Philippines (IBP) ID
- Company IDs
- School ID signed by the principal or head of the institution (For Filipino Students only)
- PhilHealth Health Insurance Card ng Bayan
- Birth Certificate issued by the Philippine Statistics Authority (PSA)
- Philippine Identification (PhilSys ID/Philippine ID (PhilID)/National ID)
- Philippine Identification System (PhilSys) Digital ID and Printed e-Philippine Identification (ePhilID)