PHILIPPINE NATIONAL BANK LOANS

SURE HOME’S HOME FLEXI LOAN

Finance your asset acquisition and other personal-related expenditures borrowed against qualified/acceptable residential real estate properties. PNB’s Home Flexi Loan Program is designed to finance your asset acquisition and other personal-related expenditures borrowed against qualified/acceptable residential real estate properties. The proceeds of the loan may be used to address your needs:

• Improvement of an existing residential home
• Acquisition of furniture and fixtures and/or
• home appliances
• Equity payment for a residential property
• Financing of travel & tour expenses
• Acquisition of club shares
• Other personal-related expenditures

Loan Limits: Minimum of Php 200,000 up to a maximum of Php 10,000,000 per borrower subject to credit policies and guidelines.

Collateral: Residential real estate properties, preferably the primary home of the borrower, subject to acceptance based on the Bank’s policies on Real Estate offered as Collateral/Security.

Tenor: Minimum term of one (1) year up to a maximum term of ten (10) years.

Competitive Rates, Personalized Terms: Rates are competitive. A variety of interest-rate setting schemes, loan tenor, and settlement/payment options are available.

SURE WHEELS AUTO LOAN

PNB Sure Wheels is the sure way to afford your brand new car.

Benefits

• Low Interest Rates
• Low Down payment
• Easy Payment Terms
• Quick Approval
• Convenience in Payment

Features

• Purpose: Purchase of brand new or second hand cars
• Eligible Borrowers:

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

Term of loan: The maximum term of the loan shall be 60 months

For Second-Hand Vehicles

• 1-3 year old vehicles – 48 months
• 4 year old vehicles – 36 months
• 5-6 year old vehicles – 24 months
• 7 year old vehicles – 12 months

Loanable Amount

Maximum loanable amount shall be as follows:

• For Brand New/Refinanced Vehicles – up to 80% of the cash list or purchase price
• For Second-Hand Vehicles – up to 75% of the appraised value

Minimum loanable amount shall be as follows:

• For Brand New/Refinanced vehicles – Php 300,000
• For Second-Hand Vehicles – Php 150,000

Repayment Scheme: Equal monthly amortization

Mode of Payment: Payments can be made via Automatic Debit Arrangement and Post Dated Checks

Insurance: Comprehensive Insurance

REQUIREMENTS

Basic Criteria:

1. 25-65 years old (not to exceed 65 years of age upon loan maturity)
2. Employed / Self-employed for at least 2 years
3. Filipino Citizen or Foreigner based in the Philippines

Income Documents:

Employed (Local)

1. Latest ITR
2. Certificate of Employment with compensation

Employed (Foreign)

1. Latest Contract of Employment
2. Proof of Remittance

Self-employed / Business Owner

1. Latest ITR with Audited Financial Statement
2. Latest three (3) month’s Bank Statement
3. Business Papers

Partnership / Corporation

1. SEC Certificate of Registration
2. Articles of Incorporation and By-Laws
3. Secretary’s Certificate / Partnership Resolution (using PNB prescribed format)
4. Latest ITR with Audited Financial Statement
5. Latest three (3) month’s Bank Statement