Guide on UCPB Auto Loan Eligibility Requirements / Qualifications
UCPB AUTO LOAN – Here is a guide on who are eligible to apply for this car loan offer of the United Coconut Planters Bank (UCPB).
Having your own car brings a lot of convenience and safety. A vehicle is also a preparation for the unforeseen circumstances like medical emergencies that may take at any time of the day or night unexpectedly.
That is the reason why a lot of people wanted to purchase a car. However, not everyone is ready to buy it in cash. That is why we have loan offers from different banks and lending companies.
The United Coconut Planters Bank or more commonly called as UCPB is one of those with an offer. Under its UCPB Auto Loan, you can obtain assistance in buying your target car.
The said UCPB loan offer is open for the both – the purchase of a brand new car or a secondhand or pre-owned vehicle. Like in other loans, there are eligibility requirements in applying for this loan offer.
Do you want to know who are eligible to apply for the UCPB Auto Loan offer? To be eligible, the applicant must be:
- permanently employed in the current company for at least a year already on the day of the application or employed in a new company but “in the same industry with the previous company”; or
- running a business for at least three (3) years already on the day of the application
There is a required income in applying for this loan offer. To check if you are qualified, you may visit – UCPB AUTO LOAN – How Much Is the Required Income in Applying For It.
According to UCPB, the minimum loanable amount under this offer is Php 100,000.00. Currently, the bank has an offer – UCPB AUTO Loan – Who Are Eligible To Apply For 0% Downpayment Promo.
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