Guide on Robinsons Bank Auto Loan Offer Loanable Amounts
ROBINSONS BANK AUTO LOAN – Here is a guide on how much you may get under the car loan offer of the Robinsons Bank.
Are you looking for an entity where you may apply for a car loan? The Robinsons Bank is one of the banks that you may turn to and its offer covers both the financing of a purchase of a brand new and pre-owned vehicle.
Under the Robinsons Bank Auto Loan offer, the maximum loanable amount depends if the vehicle is a brand new car or a pre-owned vehicle. If the vehicle is brand new, you may borrow up to 80% of the net cash price of the vehicle. if the vehicle is pre-owned, the maximum amount that you may borrow is up to 70% of the appraised value of the vehicle.
In applying for the loan offer, there are documents that you need to submit to Robinsons Bank for the evaluation of the loan application. The requirements vary depending if the loan applicant is locally employed, self-employed, partnership or corporation, or an overseas Filipino worker (OFW) sea-based or land-based.
For locally employed loan applicants:
- duly filled-out and signed Robinsons Bank Loan Application Form
- Certificate of Employment
- Income Tax Return (ITR) BIR form 2316
- Photocopy of government issued IDs
- Proof of billing
For self-employed loan applicants:
- duly filled-out and signed Robinsons Bank Loan Application Form
- Latest 3 months Bank Statements
- DTI Registration
- Photocopy of government issued IDs
- Proof of billing
For partnership or corporation:
- duly filled-out and signed Robinsons Bank Loan Application Form
- Certificate of Employment
- Income Tax Return (ITR) BIR form 2316
- Photocopy of government issued IDs
- Proof of billing
For sea-based overseas Filipino workers (OFWs):
- duly filled-out and signed Robinsons Bank Loan Application Form
- Latest 3 months Bank Statements
- DTI Registration
- Photocopy of government issued IDs
- Proof of billing
For land-based overseas Filipino workers (OFWs):
- duly filled-out and signed Robinsons Bank Loan Application Form
- Certificate of Employment
- Income Tax Return (ITR) BIR form 2316
- Photocopy of government issued IDs
- Proof of billing
Aside from the auto loan offer, the Robinsons Bank also offers a motorcycle loan offer. To check how much you may borrow, you may visit – Robinsons Bank Motorcycle Loan: Here’s How Much You May Borrow.