The Bank of the Philippine Islands or more commonly called as BPI offers different types of loan to the public. Aside from its BPI Personal Loan and BPI Housing Loan, it also offers an auto loan.
Loading...
The auto loan of BPI is perfect for those who wanted to buy a brand new vehicle but have no money to pay it in full. Under this loan, you can pay for the amount in installment with:
- low interest rates
- low mortgage fees
- more personalized service
SEE: Complete List of BPI Personal & Business Loans (Minimum and Maximum Loanable
HELPFUL ITEMS YOU CAN USE TO SAVE MONEY!
Here's my list of useful items for you to save or earn money wisely:
- Coin banks
- Informative books about money, saving and investments!
- Money organizer
Shopee is my go-to app for things I needed like the ones above. If you'd like discounts and vouchers, you may get the best offers here:
Based on the bank’s official website, the following are the BPI Car Loan requirements that applicants need to prepare in applying:
Auto Loan Application Form
- Duly accomplished Application Form
- 2 valid Identification Cards
- If married, both spouses to sign on the application form.
- If with co-borrower or co-mortgagor, separate application form is needed
Income Documents
If locally employed (working within the Philippines)
- Certificate of Employment (COE) indicating salary, position and length of service
- Latest Income Tax Return (ITR)
If overseas Filipino worker
- Contract / Certificate of Employment (COE)
- Crew Contract and Exit Pass validated by POEA (seaman)
- Proof of monthly remittances
- Notarized or authenticated Special Power of Attorney (BPI FSB Format)
- Duly accomplished Auto Loan Application form required by POEA
If Self-Employed
- Articles of Incorporation and By-Laws with SEC Registration Certificate
- G.I.S. (General Information Sheet)
- Audited Financial Statements for the last 2 years
- DTI Registration
- Income Tax Return w/ audited financial statements for the last 2 yrs.
- List of Trade References (at least 3 names with telephone nos. of major suppliers/customers)
- Bank Statements for the past 6 months
If Practicing Doctor
- Clinic address/es and schedule.
- Income Tax Return w/ audited financial statements for the last 2 yrs.
If from Rental of Properties
- Rental/Lease Contract (indicating name of tenants and rental amounts with complete addresses of properties being rented)
- Photocopy of Title (TCT/CCT)
To apply for the BPI Car Loan, simple bring these requirements to the nearest branch or you may also begin your application online – https://www.bpiexpressonline.com.
SEE MORE BPI PERSONAL LOANS
Acknowledgement: This article is sponsored by Usapang Hanapbuhay.
Bisitahin ang Usapang Hanapbuhay Facebook Group para sa iba pang tips at mga diskarte sa pera!
bpi car loan calculator bpi car loan 2nd hand bpi auto loan car list bpi car loan interest rate bpi auto loan promo bpi auto loan promo 2022 minimum salary for car loan philippines psbank auto loan bpi car loan calculator bpi car loan 2nd hand bpi car loan requirements bpi car loan interest rate bpi auto loan car list bpi car loan promo bpi car loan promo 2022 bdo car loan
No comments
Let us know your thoughts!