Guide on the Requirements for SB Finance Motorcycle Loan — What To Prepare
REQUIREMENTS FOR SB FINANCE MOTORCYCLE LOAN – Here are the documents you must submit to apply for the SB Finance MotorsikLOAN.
Nowadays, online loan offers are not only multi-purpose cash loans. There are already lenders that offer loans for bigger purposes like the purchase of a motorcycle. One of the online lenders with the said offer is SB Finance.
SB Finance is ready to finance the purchase of regular, medium, and high-end motorcycles. It actually has multiple loan offers including the SB Finance Personal Loan 2023 and the SB Finance Car Loan. With regards to the MotorsikLOAN offer, the borrower may repay the loan for up to 36 months.
The requirements for SB Finance Motorcycle Loan offer includes both eligibility requirements and documentary requirements. The application is all digital at Zuki app which can be downloaded online.
Eligibility Requirements:
- at least 21 years old at the time of application
- not more than 65 years old upon loan maturity
- a Filipino Citizen
- has an office or residence landline
Documentary Requirements for SB Finance Motorcycle Loan:
If employed, prepare the following documents:
- Photocopy of one (1) valid government-issued photo-bearing ID
- For non-Filipino citizens: Alien Certificate of Registration
- Proof of income (any of the following)
- One (1) month latest payslip
- Bank statement (last three (3) months) or passbook
- Certificate of Employment (COE)
If self-employed, prepare the following documents:
- Photocopy of one (1) valid government-issued photo-bearing ID
- for non-Filipino citizens: Alien Certificate of Registration
- proof of income:
- For registered business:
- Latest one (1) year Financial Statements (unaudited or audited), OR
- Latest three (3) months bank statements or passbook,
- SEC / DTI Certificate of Registration, OR
- Business Permit / Mayor’s Permit, AND
- Latest GIS (if corporation)
- For non-registered business:
- Latest three (3) months bank statements
- Other documents as proof of income at least 1 month e.g. sales invoice, trade receipts, e-wallet transaction history
- Barangay Business Permit
- For registered business:
If you are a jeepney and tricycle driver, owner, or operator, prepare the following documents:
- proof of ownership
- OR/CR of the vehicle under the borrower’s name,
- Deed of Sale in favor of the applicant
- Proof of vehicle operation
- Copy of Franchise
- Association membership Certification
- Tricycle / Jeepney Operators and Drivers Association ID
If you are a member of the agricultural sector, prepare the following documents:
- Barangay Certification or BARC (Barangay Agrarian Reform and Council) Certification or;
- Copy of the Land Title
- Trading Documents / Irrigation Receipts
Prepare scanned copies of the requirements for SB Finance Motorcycle Loan application. Make sure each file does not exceed 5 MB.
