Motorcycles are an essential mode of transportation for many Filipinos, whether for daily commutes or as a dependable source of income. With over 8.5 million motorcycles, tricycles, and three-wheeled vehicles registered in the Philippines by 2022, it’s clear how vital these vehicles are.
If you’re considering purchasing a motorcycle, selecting the best bank to apply for your motorcycle loan in the Philippines is crucial.
A good loan can help you get the motorcycle you need while ensuring the terms align with your budget.
Choosing the best bank to apply for a motorcycle loan in the Philippines begins with finding a reliable financial institution. At Bank of Makati, you can take advantage of our various loan products, including a comprehensive motorcycle loan.
Catering to the growing demand for motorcycle ownership in the Philippines, here’s what you can expect from this service:
You can borrow between ₱10,000 and ₱50,000, depending on your needs and qualifications. This range lets you select an amount that suits your budget and the motorcycle you want, whether it’s a basic model for daily use or a more advanced one for work.
This option also makes it easier to manage your payments and keep your finances on track, giving you the flexibility to choose a loan amount that fits your financial situation.
Our motorcycle loan offers low interest rates. This allows you to afford a better motorcycle or additional features without significantly increasing your debt.
Lower interest rates also encourage timely payments, helping you maintain a good credit score and fostering a positive borrowing experience.
The monthly payment amount will depend on the loan amount, interest rate, and repayment term. To make it easier for you, we offer flexible repayment options, including 12, 24, or 36 months.
You can choose a term that aligns with your budget, giving you control over your monthly expenses and making it easier to enjoy the motorcycle you’ve always wanted.
We understand how valuable motorcycles are, whether you’re looking for a convenient way to travel or a reliable source of income. That’s why in addition to providing a comprehensive loan service, we’re committed to making the entire loan process—from application to receiving your funds—so you can focus on what matters most.
At Bank of Makati, we provide personalized assistance to guide you through the loan application process, especially if it’s your first time applying.
You can easily reach us via phone or in person at one of our branches to get answers to your questions and stay on track with your application. After your loan is approved, we continue to offer support to help you manage payments and address any concerns.
Applying for a loan has often been seen as a lengthy and confusing process. However, at BMI, we’re here to guide you every step of the way with personalized assistance, especially for first-time borrowers.
You can easily apply for a loan through our online application form or by visiting one of our branches, ensuring you get the support you need. Even after your loan is approved, we stay in touch to assist with payments or address any issues, helping you manage your loan with confidence.
We offer various payment methods, including online transfers, over-the-counter payments at branches, and payments through partners like Bayad Centers. These options give you the flexibility to choose the method that works best for your schedule.
With the convenience of multiple payment options, you can make payments anytime, from anywhere, saving you time and effort. This flexibility is especially beneficial if you have a busy schedule and can’t always visit a bank branch.
Whether you prefer automated transfers or manual payments, these options help you stay on top of your payments and reduce the risk of missing one.
Bank of Makati’s motorcycle loan combines flexibility, affordability, and convenience, making it easier to own the motorcycle you need.
Secure your financial future with the Bank of Makati. Whether it’s a motorcycle loan or another financial product, we’re here to help you achieve your goals. Contact us today to learn more and take the first step toward securing the financial support you need.