MOTORTRADE MOTORCYCLE LOAN – Here are some useful tips on how to apply and the list of requirements for the application.
Motorcycles are known for their versatility and efficiency in navigating through traffic, offering and thrilling experience on the open road. For motorcycle enthusiasts, the dream of owning their perfect two-wheeled companion is an enduring passion.
This is where motorcycle loans come into play, offering riders the opportunity to turn their dreams into reality. Motorcycle loan is a particular type of loan that helps in financing the purchase of a motorcycle.
Usually, financial institutions and banks will offer it, and depending on the lender, it may be a secured or unsecured loan.
One of the most popular multi-brand motorcycle dealers in the Philippines is Motortrade Nationwide Corporation (MNC). It started in the late 1960s when Daet, Camarines Norte, a small town in Bicol, opened a hardware and motorbike parts store.
The company expanded and was officially established by the Securities and Exchange Commission (SEC) on December 27, 1979, thanks to the commitment, determination, and labor of many.
With more than 500 branches and satellite offices operating throughout the country after more than 40 years in business, the corporation has expanded its footprint beyond the waters. It extends to service in all regions of the nation, including Luzon, the Visayas, and Mindanao.
Here are some tips for Motortrade Motorcycle Loan:
How to Apply
- Download and print the Motorcycle Credit Application Form below.
- Click here (Loan Application Form) to download the Form.
- Fill out the required fields.
- Bring the form along with other necessary requirements to the nearest Motortrade branch in your area!
REQUIREMENTS:
- Two 2×2 pictures
- 2 valid Ids
Acceptable Valid IDs
- SSS ID
- Police Clearance
- NBI Clearance
- Postal ID
- Passport
- Driver’s License
Acceptable Proof of Income:
- For Employed – Certificate of Employment (COE) and Payslip indicated your salary
- For Self-Employed – Mayors Business Permit or Brgy Business Permit or Picture of Business with Declaration of Income
- For Recipient of Remittance – 3 months latest remittance slip or soa/bank statement
- Pensioner -Statement of Account/Bank statement
- For OFW/Seaman – Return Plane Ticket or Latest Contract
