Collateral:
Requirements:
1. | Models 1991 and up |
2. | Models
2000 and up (Honda, Kawasaki, Yamaha, Suzuki, Ducati, BMW, Aprilla, Moto-guzzi, Harley Davidson) |
3. | Latest picture of motorcycle |
4. | Updated Official Receipt / Certificate of Registration (OR/CR) |
5. | Original Cedula and TIN |
6. | Stencil of Motor No. and Chassis No. (LTO blue form) |
7. | Proof
of income (Usual requirements applicable if client is a businessman, doctor, OFW / beneficiary, seaman/allotee or employee) |
COLLATERAL | : | Original
OR / CR Deed of Assisnment / Chattel Mortgage PDC |
INTEREST RATE (Add-On) | : | 3.5% |
PROCESSING FEE | : | 5.5% |
PROCESSING TIME | : | 3-5 working days |
LOANABLE AMOUNT | : | Php 30,000.00 to Php 150,000.00 or 50% of the appraised value which is lower |
INSURANCE | : | Php
150,000.00 and above (comprehensive insurance) |
TERMS | : | 3-6 months |