Guide on SB Finance MotorsikLOAN offer Application Process
SB FINANCE MOTORSIKLOAN – You can check the guide below on how to apply for the Motorcycle Loan offer of SB Finance online lender.
Are you planning to get a motorcycle soon? Whether it is a regular motorcycle, a mid-range one, or a high-end bike that you plan to get, the SB Finance may assist you to have it in monthly installments. It has a motorcycle loan offer.
The SB Finance MotorsikLOAN offer is open for both brand new and pre-owned motorcycles. What sets this offer apart from several other loan offers of its kind is that the process is all digital. You don’t need to be absent at work to be able to apply for the loan offer.
The SB Finance has provided the maximum loanable amount under its loan offer. With regards to the SB Finance Motorcycle Loan interest rate, it depends on the type of motorcycle you want to purchase. Meanwhile, the loan application process is the same for all types of motorcycles.
Step 1 — Prepare the Requirements
The requirements or the documents that you need to prepare in applying for the loan offer depends if you are employed, self-employed, an overseas Filipino worker (OFW), a jeepney or tricycle driver, owner, or operator; or a member of the agricultural sector.
You need to prepare the requirements in scanned copies that do not exceed 5 MB per document. Here is a guide below on the documents that you need to gather for the loan application process:
Employed Applicants:
- Photocopy of one (1) valid ID issued by the government and bearing your photo
- 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)
Self-Employed Applicants:
- Photocopy of one (1) valid government-issued photo-bearing ID
- For non-Filipino citizens: Alien Certificate of Registration
- Proof of income:
- If business is registered, prepare…
- 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)
- If non-registered business, prepare…
- 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
- If business is registered, prepare…
Overseas Filipino Workers (OFWs)
- Photocopy of one (1) valid government-issued photo-bearing ID
- Proof of income (any of the following)
- 1 month latest allotment or remittance slips
- Bank statement (last 3 months) or passbook
- Certificate of employment from foreign employer
- Employment contract (OFW)
Jeepney or Tricyle Driver, Owner or Operator
- 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
Agricultural Land Owner
- Barangay Certification or BARC (Barangay Agrarian Reform and Council) Certification or;
- Copy of the Land Title
- Trading Documents / Irrigation Receipts
Step 2 — Download the Zuki App
You can download the Zuki app for free from Google Play if you are an Android phone user. If you are using an Apple device or laptop, you may download it from the App Store.
Step 3 — Register and Apply for Loan
Before proceeding to the application for the SB Finance loan offer, you need to register for an account to the Zuki app. After it, you can start with the online loan application process by providing the details needed.
