PRODUCT REVIEW OF PHILTRUST BANK CAR LOAN
Public Notice – Disclaimer: We currently do not partner with Philtrust and details about Philtrust herein are solely for information purposes only. For other loan provider alternatives, check out below. For partnership concerns, click here
If you are looking specifically for Philtrust Bank Car Loan, please visit their website at www.philtrustbank.co or contact them at (632)524-90-61 Thank you.
Also referred to as the Philippine Trust Company, Philtrust Bank is the country’s first company to take part in the trust business. Since its foundation in October 1916, the bank has acquired assets, clients and, most importantly, the trust of the Filipino people as a reliable financing provider. Philtrust Bank Car Loan is one of its loan solutions that have been under development and streamlining to ensure it perfectly suits the needs of the public.
BASIC REQUIREMENTS AND ELIGIBILITY CRITERIA
Those interested in the Bank’s auto loan may need to send an inquiry to know the loan-specific details about the requirements and eligibility standards. But just to get the basics covered, applicants need to pass these pre-qualifying criteria:
- At least 21 but not over 70 years old
- A Filipino citizen, either by birth or by legalization for foreigners
- regularly employed person with a minimum monthly income of PHP 10K or a self-employed business owner running a lucrative business for at least 3 years
Individuals eligible to get a loan should prepare these documentary requirements to submit for review by the Bank:
- Duly filled up and signed application form
- Photocopy of 2 valid IDs, preferably government-issued
- For employed applicants:
- Certificate of Employment (photocopy)
- latest full month payslip (photocopy)
- ITR with bank or BIR stamp of the previous year
- For self-employed applicants:
- SEC or DTI registration (photocopy)
ITR with Bank or BIR Stamp (photocopy) Financial Statement taken the previous year
- Proof of Residence
- Credit history
Philtrust may require additional documents depending on the fine print of type of loan you’re applying. For instance, they may need papers showing the information about the property you’ve put up as collateral for collateral loans.
Like any other loans, Philtrust provides funding that corresponds to a specific percentage of the car’s purchase price. This varies on the car model you like to purchase and whether it is brand new or pre-loved.Borrowers may also need to negotiate with the Bank on the interest rate, loan tenure and mode of payment.
For more information contact the Philtrust Branch nearest you or call (632)524-90-61. You can also visit their website at www.philtrustbank.com.
FIND A GREAT CAR LOAN DEAL AT LOANSOLUTIONS PH
Philtrust car loan package is just one of the countless auto loan offers on the market today. So if you like to find and get the best offer, you better allocate ample time for research. This will allow you to compare the interest rate, loan perks and other aspects you need from your prospect lenders.
At Loansolutions PH, we understand how time-consuming research is, which is why we’ve created an online application form for our clients looking to explore their choices. By getting an application via this form, we’ll be able to evaluate your documents and credentials to facilitate your discussion with our partner lenders. You can also monitor your loan status via our Loan Status Checker tool on-site. Just feel free to drop by our site, loansolutions.ph, to stay in touch and informed.