BANK OF THE PHILIPPINE ISLANDS

AUTO LOAN

Owning a car provides convenience, luxury of space, protection from harmful elements when traveling and the ability to get from one place to another faster without the hassles of having to wait or stand on line. With a car, one can enjoy traveling with friends or family to any destination at any time of their choosing.

With the BPI Family Auto Loan, purchasing a dream car can easily be achieved and its advantages can be enjoyed today with the incentive of being able to choose a model that may otherwise be unaffordable. This saves any buyer from getting an older car model that may result in more costly repairs. The best thing about getting a BPI Family Auto Loan is that it frees up your money for other expenditures.

BPI Family Auto Loan has a faster process turnaround time, with low interest rates, low mortgage fees and a more personalized service. The client gets the best deal in terms of price and discounts.

Apply online through www.bpiloans.com, or visit over 800 BPI/BFB branches or over 300 partner auto dealerships nationwide. BPI Family Auto Loan has easy payments options, affordable down payment options, and special features and promos to make car ownership easier.

Documents Required

1. Auto Loan Application Form

• Duly accomplished Application Form.
• 2 valid Identification Cards.
• If married, both spouses to sign on the application form.
• If with co-borrower or co-mortgagor, separate application form is needed.

2. Income Documents

If locally employed (working within the Philippines)

• Certificate of Employment (COE) indicating salary, position and length of service
• Latest Income Tax Return (ITR)

If Expat Pinoy (Overseas Filipino Worker)

• Contract / Certificate of Employment (COE)
• Crew Contract and Exit Pass validated by POEA (seaman)
• Proof of monthly remittances
• Notarized or authenticated Special Power of Attorney (BPI FSB Format)
• Duly accomplished Auto Loan Application form required by POEA

If Self-Employed

• Articles of Incorporation and By-Laws with SEC Registration Certificate.
• I.S. (General Information Sheet).
• Audited Financial Statements for the last 2 years.
• DTI Registration.
• Income Tax Return w/ audited financial statements for the last 2 yrs.
• List of Trade References (at least 3 names with telephone nos. of major suppliers/customers).
• Bank Statements for the past 6 months.

If Practicing Doctor

• Clinic address/es and schedule.
• Income Tax Return w/ audited financial statements for the last 2 yrs.

If from Rental of Properties

• Rental/Lease Contract (indicating name of tenants and rental amounts with complete addresses of properties being rented)
• Photocopy of Title (TCT/CCT)