Get fast approval when you apply for PSBank Auto Loan with Prime Rebate. Avail of low interest rates with flexible payment terms.
• Age of borrower from 21 years and not to exceed 65 years at the time of loan maturity.
• Filipino individuals or foreigners with 3 years residency in the Philippines.
• If employed, must have a tenure of at least 2 years.
• If engaged in business, must be operating profitably for the last 2 years.
• Gross monthly family income of at least PhP30,000.
• Completely filled-out application form
• The following documents may be required to support declared income:
• For employed applicants: BIR Form 2316 and copy of valid IDs
• For self-employed applicants: Audited Financial Statements, BIR Form 1701 and copy of valid IDs
Flexible between 12, 18, 24, 36, 48 or 60 monthly amortizations
Mode of Payment:
• Online payment using your enrolled deposit account thru PSBank Online
• Automatic Debit Arrangement with PSBank deposit accounts, post-dated checks, cash or check over-the-counter or via PSBank, Metrobank, BancNet ATMs nationwide
Terms and Conditions:
• Minimum of PhP100,000 loan amount
• The rebate is automatically applied to all new and existing term loans. The client does not need to register or enroll to get the rebate.
• Rebates earned from advance/excess payments are computed on a daily basis – including weekends and holidays, starting on the date the payment is posted, and credited every due date.
• Prime Rebate is not valid for loans under a zero-interest rate promotion or program.