OWN YOUR BRAND NEW MITSUBISHI CAR IN 3 EASY STEPS
STEP 1LET'S GET APPROVEDChoose a car. Fill out Auto Loan Application Form and get a loan approval in a breeze.
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STEP 2PREPARE ALL THE REQUIREMENTSScanned copies or pictures of the requirements are accepted for faster processing.
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STEP 3
SIGN, SEAL & DRIVE
Sign all the documents. Seal all the fees. Drive home your new Mitsubishi car.
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AUTO LOAN QUALIFICATIONS:
MINIMUM QUALIFICATIONS OF AUTO LOAN APPLICANT
- Age of borrower from 21 years and not to exceed 65 years at the time of loan maturity
- Filipino individuals or foreigners with three years residency in the Philippines.
- If employed, must have a tenure of at least two years.
- If engaged in business, must be operating profitably for the last two years.
- Gross monthly family income of at least PhP50,000.
NEEDS A CO-MAKER/CO-BORROWER
- Foreigner resident in the Philippines
- OFW, Seafarer, or working abroad.
- Source of Income is insufficient (minimum of P50,000 total gross monthly income)
- Age is 60 and above
- A minor
PREFERRED CO-MAKER/CO-BORROWER
- Parents
- Spouse
- Son/Daughter
- Brother/Sister
- In-laws
- Common Law (living together w/o marriage)
- Closest relative residing in the Philippines
AUTO LOAN REQUIREMENTS:
LOCAL EMPLOYEE
- Certificate of Employment (COE) w/ compensation details and length of service.
- Latest three (3) months Bank Statement (only if asked or required by bank)
- Latest Income Tax Return (ITR)
- Latest Pay slip
- Proof of Billing (Electric/Telephone/Water Bill)
- If engaged in business, must be operating profitably for the last two years.
- Two (2) Valid/Government issued IDs
SELF-EMPLOYED
- Latest ITR w/ Audited Financial Statement
- Three (3) Business References (names and contact details of major suppliers or customers)
- Latest three (3) months Bank Statement (only if asked or required by bank)
- Business Registration
- Proof of Billing (Electric/Telephone/Water Bill)
- Two (2) Valid/Government issued IDs
OFW/SEAFARER
- Certificate of Employment or Employment/POEA Contract
- Latest (3) months of Proof of Remittance to a beneficiary in Philippines (must be Co-Maker/Co-Borrower)
- Latest three (3) months Bank Statement (only if asked or required by bank)
- Proof of Billing (Electric/Telephone/Water Bill)
- Two (2) Valid/Government issued IDs
ACCREDITED BANKS
DROP US A LINE
WHY WAIT? CALL US NOW TO GET THE BEST DEAL IN TOWN AND DRIVE YOUR BRAND NEW MITSUBISHI CAR!
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