MAYBANK AUTO LOANS
BRAND NEW CARS LOAN
Whether you’re buying a brand new car for your personal use or for business, the Maybank Auto Loan can give you what you need. With a minimum down payment of 20% and a maximum loan term of up to 60 months, they offer you one of the most affordable loans in the market. Add their one-day approval process and the minimal documents they require and there’s no reason for you not to apply today.
Eligibility
- Between 25 and 60 years old
- No adverse records
- Owner of a residence
- Permanently employed for at least 2 years
- Business in operation for at least 3 years
Requirements
You will need to furnish them with the following documents:
- Completely filled-out and signed application form
- 2 valid IDs (borrower and spouse / authorized signatory)
- Latest income tax return
- Compensation certificate, income indicated (if employed)
- Business Papers (SEC Registration, Articles of Incorporation & By-Laws if Partnership and Corporation; DTI Registration if Single Proprietorship)
- Latest 3 months Bank Statements (if self-employed)
- Latest Audited Financial Statements (for Corporate Borrowers)
USED CARS LOAN
A used car still has so many uses. A first car for someone on a budget. Or a second car for someone avoiding the number coding scheme.
With financing terms as easy as:
- One – 30 % down payment, as long as 48 months to pay
- Two – Any vehicle up to 10 years
- Three – the number of days it takes to process your loan.
Eligibility
- Between 25 and 60 years old
- No adverse records
- Owner of a residence
- Permanently employed for at least 2 years
- Business in operation for at least 3 years
Requirements
You will need to furnish them with the following documents:
- Completely filled-out and signed application form
- 2 valid IDs (borrower and spouse / authorized signatory)
- Latest income tax return
- Compensation certificate, income indicated (if employed)
- Business Papers (SEC Registration, Articles of Incorporation & By-Laws if Partnership and Corporation; DTI Registration if Single Proprietorship)
- Latest 3 months Bank Statements (if self-employed)
- Latest Audited Financial Statements (for Corporate Borrowers)
- Copy of LTO Registration, Original LTO Registration and LTO Official Receipt of the vehicle for unit inspection and car history verification
AUTO LOAN REFINANCING
Maybank can help you maximize your assets. Whenever you need to raise funds for your personal or business needs, their Refinancing product allows you to use your existing vehicle as collateral, even if it’s almost 10 years old. With a maximum loanable amount of 60% of your vehicle’s appraised value, and a loan term of up to 24 months, finding extra funds has never been easier – just look in your garage. It just takes 3 days to process, so apply today.
Eligibility
- No adverse records
- Business in operation for at least 3 years
Requirements
You will need to furnish them with the following documents:
- Completely filled-out and signed application form
- 2 valid IDs (borrower and spouse / authorized signatory)
- Latest income tax return
- Compensation certificate, income indicated (if employed)
- Business Papers (SEC Registration, Articles of Incorporation & By-Laws if Partnership and Corporation; DTI Registration if Single Proprietorship)
- Latest 3 months Bank Statements (if self-employed)
- Latest Audited Financial Statements (for Corporate Borrowers)
- Copy of LTO Registration, Original LTO Registration and LTO Official Receipt of the vehicle for unit inspection and car history verification
TRUCKS AUTO LOAN
There’s no limit to the size of the vehicle they will help you finance. From 4-wheelers to 10-wheelers, brand new, reconditioned or surplus trucks, at Maybank they are committed to helping your business forge ahead by providing financing for your logistic needs. And with a maximum loanable amount of 70% your truck’s appraised value and a loan term of up to 36 months, there’s no reason why you shouldn’t invest in a truck today. It only takes us 3 days to process your loan, so apply now.
Eligibility
- No adverse records
- Business in operation for at least 3 years
Requirements
- Completely filled-out and signed application form
- 2 valid IDs (borrower and spouse / authorized signatory)
- Latest income tax return
- Compensation certificate, income indicated (if employed)
- Business Papers (SEC Registration, Articles of Incorporation & By-Laws if Partnership and Corporation; DTI Registration if Single Proprietorship)
- Latest 3 months Bank Statements (if self-employed)
- Latest Audited Financial Statements (for Corporate Borrowers)
- Copy of LTO Registration, Original LTO Registration and LTO Official Receipt of the vehicle for unit inspection and car history verification
