Expanded Motor Loan (Consumer Loans)
A collateralized loan offered to both salaried individuals and entrepreneurs with available car (Sedan, SUV, AUV, Pick-up and Van) or motorcycle to offer as collateral. The unit must be owned by the borrower and shall serve as collateral for the loan.
Features:
|
Motorcycle (Class A) |
Car |
Loan purpose |
Multi - purpose |
Multi - purpose |
Loan Amount |
P10,000 to P50,000 |
P50,000 – P500,000 |
Term of Loan |
Will depend on the age of the unit |
Will depend on the age of the unit |
|