• Purchase of brand new or second hand cars

1. Borrower must be at least 21 years of age
   • Individuals aged 21 years but should not be more than 65 years old at the time of loan maturity
   • Partnership and Corporations

For Second-Hand Vehicles

• 1-year old vehicles – 36months
• 2-3-years old vehicles – 24 months

• Car to be refinanced

1. Minimum amount of loan shall be P400,000.00.
2. Maximum loanable amount shall be as follows:
   a. For Brand New/Refinanced Vehicles – up to 80% of the cash list or purchase price
   b. For Second-Hand Vehicles – up to 50% of the appraised value

• Equal monthly amortization

• Payments can be made via Automatic Debit Arrangement and Post Dated Checks

• Comprehensive Insurance