1. Go to any BPI branch.
2. Completely fill out the application form.
3. Submit the requirements. Your application will be reviewed and processed.
4. If your application is approved, you will receive an SMS notification and will be asked to visit the branch or a Loans Business Center.
5. Sign the loan documents.
Convenient
Your BPI account will automatically be enrolled via an automatic debit arrangement to make your monthly payments convenient.
Easy to apply
Apply through any of our over 800 BPI branches nationwide or any of our accredited dealerships nationwide.
Reliable
Start your new auto loan journey with us and we will guide you in every step of the way.
Apply for an Auto Loan in the branch
Apply for an Auto Loan online
1. Completely fill out our Auto Loan online application form.
2. Submit the requirements. Your application will be reviewed and processed.
3. If your application is approved, you will receive an SMS notification and will be asked to visit the branch or a Loans Business Center.
4. Sign the loan documents.
Pre-processing requirements
• Duly accomplished Application Form
• 2 valid Identitifcation Cards (for list of acceptable IDs, click here)
• If married, both spouses to sign on the application form
• If with co-borrower or co-mortgagor, separate application form is needed
Income documents
a. If locally employed
• Latest Certificate of Employment indicating salary, position and length of service with authorization to verify
• Latest 1 month pay slip or 3 months bank statement of payroll account with authorization letter to verify
i. Commission Based
• Latest ITR
• Certificate of employment stating commissions received prior year/months/period and Commisions Receivable, if any
• Bank statement where commision is credited, with authorization letter to verify
ii. Foreigners
• Valid Visa or Alien Certificate of Registration (ACR)
b. Pensioner
• Certificate of Pension, with authorization letter to verify
• Bank statements of pension account (3 months), with authorization letter to verify
c. OFWs
• Latest Contract, with authorization letter to verify
• Proof of bank remittance, with authorization letter to verify
• Details of crewing manager for seafarers
i. If on vacation
• Other sources of income
• Return ticket
• Renewal of Contract, with authorization letter to verify
• Certificate of Hireability for seafarers
ii. If on board:
• Completely and correctly filled out Affidavit of Marital Consent with SPA (sent using the vessel's official email)
d. Self-employed
• DTI Registration or Mayor's Permit
• Latest ITR with financial statements
• Working account (6mos) with authorization letter to verify
• Trade references with complete contact information (business name, complete address, contact person, business phone number) *Major suppliers (at least 3) *Major clients (at least 3)
• Authorization letter to conduct trade verification
i. Additional for part owners of a Partnership/Corporation:
• Individual ITR
• Payroll account where claimed salary is credited with authorization letter to verify
ii. Additional for rental properties:
• Copy of TCTs/CCTs
• Copy of valid and notarized lease contracts
iii. Additional for transport business
• Copy of LTFRB franchise decision of all units
• Copy of OR and CR of all units
• Authorization letter to conduct franchise verification with LTFRB
• Copy of valid ID of franchise owner
e. Practicing professions with own business
• Working account with authorization letter to verify
• Latest ITR with AFS
• List of major trade references with complete details
From planning to application, we'll make the process a smooth ride.
What are the rates for Big Bike?
Term | Add-on rate | Effective rate |
12 | 8.83% | 15.92 % |
18 | 12.57% | 15.33% |
24 | 17.54% | 16.02% |
36 | 27.84% | 16.72% |
What are the qualifications to apply for a Big Bike?
1. At least 21 years old but not more than 65 years old upon loan maturity
2. Minimum Household Income: Php 40,000
What is the minimum and maximum loan amount?
Minimum Loan Amount: Php 200,000
Maximum Loan Amount: Up to 70% of the purchase price
What is the term of the loan?
Minimum loan term: 1 year
Maximum loan term: Up to 3 years
Who can I contact if I have questions about BPI Auto Loan?
If you need any assistance on your auto loan, you may reach us through these channels.