UCPB Auto Loan

UCPB Auto Loan applicants can rest assured that their new vehicle investment would give them the best of returns. With easy payment methods, flexible payment terms and other attractive benefits, UPCB will surely help you find the right car for you. Apply for a UCPB Auto Loan through eCompareMo and we will take care of the application process for you.

UCPB Auto Loan

Get The Cheapest Car Loan Rates With UCPB Auto Loan. Flixible Payment Term, Fast And Easy Application Online! Apply Now!

Overview

Product Name:
UCPB Auto Loan
Remarks:
UCPB Auto Loan
Minimum Amount of Loan:
PHP100,000.00
Maximum Amount of Loan:
PHP5,000,000.00
Minimum Loan Tenure:
1 years
Maximum Loan Tenure:
5 years
Early Repayment:
Vehicle Insurance Included
No
Accepts Third Party Vehicle Insurance:
No
Accepts Third Party Credit Insurance:
No
Does Not Require Credit Insurance:
No
Payment Options:
Application Approval Time:
Minimum processing of 2 days

Eligibility and Requirements

Age Range of Borrower:
21-65 years
Minimum Annual Income:
PHP360,000.00
Employment Work Status
Employed - Private Sector for 2 years
Employed - Government for 2 years
Self - Employed for 2 years
Professional for 2 years
Employed - BPO for 2 years
Employed - OFW/Seafarer for 2 years
Applicant Must Have A Landline Phone at Home or Office:
No
Need to Open Linked Bank Account:
No
Guarantor Requirements:
Collateral Requirements:

Vehicle Types and Loan Purpose

Eligible Vehicle Types:
Sedan
Asian Utility Vehicle
Sports Utility vehicle
Van
Vehicle Loan Proceeds Can Be Used For:
Purchase of Brand New Car
Use Owned Vehicle as Collateral for Loan

Interest Rates Offered

Interest for Fixed Period Interest Rate Per Year: Effective Interest Rate Fixed Period:
Interest Rate for 1 Year 8.44%
Interest Rate for 2 Year 9.00%
Interest Rate for 3 Year 12.52%
Interest Rate for 4 Year 9.53%
Interest Rate for 5 Year 9.93%
Interest Rate for 1 1/2 Year 8.66%

FAQs

What are the general eligibility requirements for UCPB car loan?

  • Applicant must be permanently employed for a year, with a minimum gross monthly income of PHP 30,000.00, have been employed less than a year in a new company but in the same industry as previous company and continuity of employment is determined. For self-employed, must have been in business for the last 3 years.

What are the required documents for UCPB auto loan application?

Employed:

  • Income Tax Return or Certificate of Creditable Tax Withheld at Source for at least three (3) years
  • Certificate of Employment and Salary ; payslip for the past three(3) months

Sole Proprietorship:

  • Income Tax Return
  • Latest Audited Financial Statements
  • Latest In-House Financial Statements
  • Bank Statement
  • List of Customers and Suppliers
  • Business Name
  • Certificate of Registration of Business/Trade Name with DTI
  • Application of Registration of Business Name

Partnership:

  • Income Tax Return
  • Latest Audited Financial Statements
  • Latest In-House Financial Statements
  • Bank Statement
  • List of Customers and Suppliers
  • SEC Certificate of Filing of Articles of Co-Partnership
  • Articles of Partnership

Corporation:

  • Income Tax Return
  • Latest Audited Financial Statements
  • Latest In-House Financial Statements
  • Bank Statement
  • List of Customers and Suppliers
  • SEC Certificate of Filing of Articles of Incorporation
  • Articles of Incorporation
  • Corporate By-Laws

How much can I borrow at UCPB?

  • UCPB auto loan offers a minimum loanable amount of PHP 100,000.00.

What is the minimum salary required for UCPB car loan?

  • A minimum gross monthly income of PHP 30,000.00 is required to apply for a UCPB auto loan.

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