Guide on PNB Auto Loan Requirements You Must Meet To Apply for Offer

PNB AUTO LOAN REQUIREMENTS – You can check here the qualifications and the documentary requirements in applying for the loan offer.

Are you excited to drive your own wheels soon? There is no need to be waiting for years so you can enjoy the benefits of having your own car. There are entities that are willing to fast track the goal for you.

In the country, one of the entities that you may turn to is the Philippine National Bank. More popularly called PNB, it is one of the biggest banks in the country with a wide array of finance products and services.

The PNB was previously a government bank. It started its operation in the country in 1989. In 1992, it was the first bank to reach Php 100 billion in assets. In 2007, it was fully privatized.

The Philippine National Bank offers both personal and corporate banking services. The offers include loans. For the financing of a car purchase, the bank has the PNB Auto Loan offer that can finance the purchase of brand new vehicles.

Who are qualified to apply for the PNB Auto Loan offer? There are both PNB Auto Loan requirements for qualification to the offer and submission to apply. Here is a guide on the eligibility requirements a loan applicant must meet to qualify for the loan offer:

Employed

• a Filipino citizen or Foreigner based in the Philippines with valid Alien Certificate of Registration (ACR)
• at least 21 years old at the time of the loan application
• not more than 65 years old at the time of the loan maturity
• permanently employed for at least 1 year

Self-Employed

• a Filipino citizen or Foreigner based in the Philippines with valid Alien Certificate of Registration (ACR)
• at least 21 years old at the time of the loan application
• not more than 65 years old at the time of the loan maturity
• business is in operation for at least 3 years

In applying for the loan offer, there are PNB Auto Loan requirements that must be submitted to a branch of the bank nearest to you or where you wish to apply for the offer. Here are the documents required by the bank in applying for the offer:

Employed

• duly-accomplished and signed PNB Auto Loan Application Form
• 2 Government issued valid IDs
• Certificate of Employment with Compensation or Payslip
• Latest Income Tax Return

Self-Employed

• duly-accomplished and signed PNB Auto Loan Application Form
• 2 Government issued valid IDs
• Business papers with DTI Registration
• Latest Income Tax Return
• Latest Audited Financial Statements
• Latest (6) six-months Bank Statements