Check Here the Sterling Bank of Asia Auto Loan Features & Application Process
STERLING BANK OF ASIA AUTO LOAN – You can achieve your dream car, truck, or a Harley Davidson motorcycle with the help of the Sterling Bank of Asia.
Are you excited to drive your own wheels soon? You might be in search of an auto loan offer with a wide coverage with regards to what it can finance. You just landed in the right page.
The Sterling Bank of Asia, one of the trusted banks in the Philippines, has an Auto Loan offer that can finance not only the purchase of a brand new and second hand cars but as well as a motorcycle, specifically the Harley Davidson big bike.
Furthermore, the Sterling Bank of Asia Auto Loan offer can also finance the purchase of four to six-wheeler trucks that you may be needing in your business. It can help your business achieve its maximum potential in delivering services and products the soonest time possible.
How much you may borrow under the offer? Under it, the minimum loanable amount is Php 100,000. With regards to the loan term, it depends whether the vehicle purchased is brand new or pre-owned. Here are the loan terms allowed by the bank:
Brand New
- Minimum Loan Term — 12 months
- Maximum Loan Term — 60 months
Second Hand
- Minimum Loan Term — 12 months
- Maximum Loan Term — 48 months
The loan can be repaid through Post-Dated Checks or Automatic Debit Arrangement or ADA. The loan offer is open not only for individual applications of salaried and non-salaried individuals but as well as corporate applications.
There are varying eligibility requirements as well as documentary requirements in applying for the Sterling Bank loan offer. Furthermore, there are also additional documents required by the reputable bank in case the vehicle involved in the loan application is a second-hand car.