Truck Loan (Financing)

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Qualifications:

  • 21-59 years old, Filipino Citizen
  • Any type of truck is accepted
  • Any year model as long as vehicle is in good physical and running condition
  • Minimum of 30% down payment

Basic Requirements:

  • Completely filled up application form
  • Photocopy of 2 Gov’t Valid IDs
  • Latest Proof of Billing (Electric or Water Bill)
  • 2 pcs 2x2 picture

Major Requirements:

From Buyer

  • Photocopy of OR/CR latest
  • TIN ID or TIN Number
  • Stencil of Engine and Chassis (To be done by our Account Office)
  • Proof of Income (ANY OF THE FOLLOWING):
    • Business Permits
    • Latest COE/Latest Pay-slip/Company ID (if employed)
    • Latest 3 months bank statement

From Seller

  • Photocopy of OR/CR latest
  • Acknowledgement receipt of down payment or Reservation Letter
  • Offer to Sell Form
  • Photocopy of 2 Gov’t Valid IDs with 3 specimen signature

Co-borrower is needed (Spouse/Parent/Siblings age 21-59.)

  • Photocopy of 2 Gov’t Valid IDs
  • 2 pcs 2x2 picture
  • Marriage Cert if Spouse as co-borrower
  • Birth Certificate of child (if live-in as co-borrower)

Comprehensive insurance is required if loan is above 395 thousand pesos.

Other documents may be required as needed.