The Plantersbank Auto Loan is a credit facility intended for aspiring and existing car owners to support various car financing needs.
The Plantersbank Auto Loan works 3 ways:
1. Purchase a brand new or pre-owned car
2. Get a cash loan with an existing car as collateral
3. Refinance an existing car loan
With Plantersbank Auto Loan, you get to enjoy the following benefits:
- Low minimum loan amount that starts at an affordable P100,000.00, depending on your car financing requirements.
- Minimal cash outlay with downpayment as low as 20% of the vehicle’s selling price or market value.
- Wider acceptability of car as old as 5 years
- Flexible installment payment terms up to maximum of 5 years
- Convenient repayment via PDCs or automatic debit against Plantersbank deposit account
- Affordable amortization with Plantersbank’s friendly interest rates
Plantersbank Auto Loan is available nationwide
So grab the chance now! Car or cash, you choose.
Application Documents
Employed Individuals
- Fully accomplished and signed loan application form
- Latest Income Tax Return - W2 form (Mandatory-BSP Requirement)
- Certificate of Employment
- Commission Record or Payslip for the last 3 months (if with regular commission)
Self-Employed Individuals (Businessmen/Entrepreneurs/Professionals)
- Fully accomplished and signed loan application form
- Latest Income Tax Return - W2 form (Mandatory-BSP Requirement)
- Photocopy of Passbook or Statement of Account (for the last 3 months)
Corporate Borrowers
- Fully accomplished and signed loan application form
- Latest Income Tax Return - W2 form (Mandatory-BSP Requirement)
- Photocopy of business registration papers
- Articles of Incorporation & By-Laws
- Board Resolution
- Bank Statements for the last 6 months
Over-seas Filipino Workers (OFWs)
- Fully accomplished and signed loan application form
- Proof of Remittance or Bank Statement (for the last 3 months)
- Certificate of Employment with Consul authentication (for Land-based OFWs who are direct hirees)
- Contract of Employment with POEA Certification (for Land-based and Sea-based OFWs who are agency-hired)
- Special Power Attorney (duly signed and notarized)
Download application form
Auto Loan–Individual
Auto Loan–Corporate
To know more about Plantersbank Auto Loan:
Call (02) 750-AUTO or 750-2886, 750-2887, 750-2883 to 85
Fax (02) 750-2889 or 750-2890
Email customerservice@plantersbank.com.ph
Visit any Plantersbank branch nearest you