What do I need to know about the BPI Auto Loan?
BPI Bank’s auto loan presents a unique opportunity with loans reaching up to Php 40,000 and Php 200,000., coupled with compelling interest rates. Secure a new or semi-new car with up to 5 years of usage.This adaptability ensures practicality in your daily life, aligning seamlessly with your preferences. BPI Bank’s dedication to flexibility and excellence positions personal financing as an ideal solution for multiple different financial objectives—whether addressing major expenses, buying your dream car or truck. The convenience and versatility offered make BPI Auto Loan a reliable and accessible resource for diverse financial endeavors.
Eligibility and Requirements
To start your application, ensure you’re a Filipino citizen or permanent resident aged between 21 and 65 at the loan’s conclusion. A verifiable source of income and the absence of negative financial history have to be presented in order to get started with your application process. These requirements are designed to facilitate a thorough evaluation, ensuring that the BPI Auto Loan aligns seamlessly with your financial needs and goals.
Payment solutions
The BPI Auto Loan is full of convenience and flexibility features that allow you to personalize your loan and decide which payment style works best for you. This loan has multiple perks such as Zero cash out which allows you to drive your own car without the need to cash out a single cent and use your deposit savings as the down payment. You can also count on Multiyear Protect which gives you a premium and all in one service by covering your financial needs and car security.
Another extremely convenient feature that you can benefit from when you access the BPI website is the auto loan calculator. That allows you to input your desired purchase price, down payments and payment terms so you can calculate exactly how much you would need to borrow!
Finally, you can also set a step-up pay plan, where you can control your monthly cash-out by paying less during the early years of your loan term.
I want to apply for the BPI Auto Loan!
The application process is extremely fast and easy and is done fully online. All you have to do is click on the button below which will redirect you to the BPI Bank Personal Financing website.
Firstly, BPI will ask for your vehicle information such as type, name, model, year, price etc.
Secondly, you will input the borrower information, adding your name, email, phone number, address and ID card.
Once you have followed all the steps and submitted all of the required documentation, you will be one step closer to getting your dream car!
Dont wait any longer, click on the button below and start your BPI Auto Loan application process right away!