Security Bank Corporation puts you securely in the driver’s seat with its client-friendly car financing facility.
- Competitive interest rates and easy financing schemes.
- Flexible Terms. Choose from 12 to 60 months.
- Quick Processing.
- And, we can source the vehicles for you and even arrange for its delivery.
Product Features:
Loan Purpose
- Acquisition of brand new and second hand car
- Acquisition of brand new light commercial vehicles
- Refinancing of an existing unit which is owned by the borrower
- Reimbursement of acquisition cost of brand new car
Affordable Downpayment
Loan may be granted up to:
- 80% of unit price for a brand new car
- 70% of unit price for a brand new light commercial vehicle
- 70% of appraised value for a second hand car
Competitive Rates
Fixed rate for the entire term of loan
Flexible Terms
- Brand new cars - up to 5 years
- Brand new light commercial vehicle - up to 5 years
- Second hand cars (3 year old model car) – up to 2 years
Payment is on equal monthly installments via post dated checks or automatic debit arrangement.
APPLY NOW!
You may avail of a Security Bank Auto Loan if you are:
Individuals:
- 23 years old and not more than 60 years of age at loan maturity
- Minimum Gross Monthly Income of P40,000.00
For self-employed
- Business operating for at least 3years
- At least 2 years in current job
Corporations:
- Operating profitably for the past three (3) years
- Registered with SEC
1. Individual/Single Proprietorship
- 2 Valid IDs with photograph (e.g. Driver’s License, Passport, PRC, Employee ID, other government-issued IDs)
- Income Tax Return (latest)
- Bank Statement (last 3 months)
- Business Name Application for Registration of Business
- Certificate of Employment with Compensation & years of service, thus Certificate of Employment with Compensation & years of service
2. Partnership
- SEC Certificate of Registration of Partnership
- Articles of Partnership
- Bank Statements (last 3 months)
- Financial Statements (latest audited)
3. Corporation
- SEC Certificate of Registration
- Articles of Incorporation
- By-Laws
- General Information Sheet (latest)
- Bank Statements (last 3 months)
- Financial Statements (last audited)
- Latest List of Officers
- List of Major Customers and Suppliers
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BRAND NEW RATES
|
|
TERMS (months)
|
STANDARD
|
One Month Advance
|
|
12
|
6.42%
|
5.56%
|
|
18
|
9.19%
|
8.29%
|
|
24
|
12.70%
|
11.74%
|
|
36
|
18.77%
|
17.74%
|
|
48
|
25.33%
|
24.22%
|
|
60
|
32.42%
|
31.21%
|
|
2ND HAND RATES*
|
|
TERMS (months)
|
STANDARD
|
One Month Advance
|
|
12
|
10.37%
|
8.94%
|
|
18
|
14.84%
|
13.33%
|
|
24
|
19.57%
|
17.97%
|
*Rate applicable only for a maximum of 2 year loan tenor - 3 year old model car
Standard Published Rate
as of January 1, 2011
Rates may change without prior notice.
Apply for a Security Bank Car Loan now!
FOR INQUIRIES:
Please Text/Call/E-mail:
Alvin Madrigal
Operations Manager
Loans Management
Landline No.: (02) 218-9363
Globe Mobile No.: 0927-917-0077
Smart Mobile No.: 0999-190-4981
SunCell Mobile No.: 0922-450-0599
Email Address: loans.management@gmail.com
To apply online, visit our website: www.loansmanagement.webs.com
