BDO CAR LOAN – You can check here the features and the application process for the BDO Unibank loan offer.
In the Philippines, one of the reputable banks with multiple loan offers is BDO Unibank. One of its offers is the BDO Car Loan that has excellent features in terms of qualifications, loanable amounts, interest, requirements, loan deals, etc.
BDO Auto Loan May Help You Achieve Your Dream Car
Guide on BDO Auto Loan Offer Features & Application
BDO AUTO LOAN – Here are some details about the car loan offer of the reputable financing entity, BDO Unibank.
Are you looking for a bank that can help you achieve your dream car without having to make a huge cash out? BDO Unibank may be the perfect entity that you can turn to. It has an excellent loan offer with features that greatly benefit the borrower.
BDO Unibank is one of the trusted and reputable banks in the Philippines. It was first established in the country in 1968 and has continually expanded its offers which include bank accounts, credit cards, loans, investment products, insurance policies, and more.
One of the loans offered by the reputable banking firm is the BDO Auto Loan. It is open to finance several car-related purposes such as the following:
- purchase of brand new and pre-owned vehicles for personal use
- acquisition of brand new and pre-owened vehicles for business use
- buying hybrid-electric and electric vehicles
- reimbursement of brand new cars
- Car should not be more than one (1) month old from delivery date of dealer to the owner and with a mileage of less than 2,500 kilometers
According to the bank, with regards to financing the purchase of a pre-owned car, the year model of the vehicle must not exceed six (6) years upon loan maturity. The bank boasts the BDO Auto Loan with the following features:
- Low downpayment
- All-In financing with an option to finance Chattel Mortgage Fees and 1st Year Motor Insurance Premium with Auto Loan
- Multi-Year Motor Insurance Coverage
- You may avail discounted motor insurance premium for the entire loan term. The Multi Year Motor Insurance Premium can also be computed as part of the amount to be financed.
You may avail the competitive rates of BDO Unibank. Here is a guide on the minimum loanable amount, the maximum loan term, and minimum downpayment set by the bank for financing vehicles for personal use and for business use.
Personal Use
| Minimum Loanable Amount | Maximum Loan Term | Minimum Downpayment | |
| Brand New Vehicle | Php 100,000 | 5 years | 20% |
| Pre-Owned Vehicle | Php 100,000 | 4 years | 30% |
Business Use
| Minimum Loanable Amount | Maximum Loan Term | Minimum Downpayment | |
| Brand New Vehicle | Php 100,000 | 3 years | 30% |
| Pre-Owned Vehicle | Php 100,000 | 2 years | 30% |
The BDO Auto Loan is one of the fastest car loan offers when it comes to approval. Your loan application may be approved in as fast as 24 hours.
