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Motorcycle Loan

Conquer the road with your dream motorcycle.

Get it with Cebuana Lhuillier Bank.

Minimum downpayment of 5%

Low monthly amortization

Easy payment and flexible terms

Product Details

Regular Motorcycles Medium Bikes Big Bikes Vespa
Loan Term 12 to 36 months 12 to 36 months 12 to 60 months 12 to 36 months
Minimum Down Payment 5% of SIP 18% of SIP 20% of SIP 10% of SIP
Min – Max Loan Amount Php 40,000 minimum loan
Maximum loan amount will depend on the SRP of the motor vehicle unit
Mode of Payment Auto Debit Arrangement, Post Dated Checks, Salary Deduction

ELIGIBILITY

  1. Not less than 21 years old and not more than 65 years old upon loan maturity;
  2. Single or married; if married, the spouse should sign as co-maker of the Promissory Note and other pertinent loan documents
  3. If employed,
    • at least two (3) years of continuous employment with current employer;
    • employer must have been operating for at least three (3) years
  4. If employed,
    • must be engaged in the business or profession for at least three (3) years;
    • business or profession must be profitable at least in the immediately preceding year

LOAN REQUIREMENTS

  1. Completely filled out Application Form
  2. One (1) Valid Government ID(See list of valid IDs)
  3. Latest Proof of Billing

Employed

  1. Three (3) months latest Payslips
  2. Certificate of Employment indicating salary, position, and length of employment

Self-Employed

  1. Business Permit (Barangay Permit, Mayor’s Permit, SEC Registration, or Certificate of Registration)

Income Documents

  1. Latest Financial Statement
  2. Income Tax Return with BIR Stamp
  3. Three (3) Months Bank Statement
  4. Three (3) Months Income Graph (Tech and App-Based TVNS)

For Faster Transaction, send an email to [email protected] or talk to our Ka-Cebuana Motorcycle Loan Account Officers Now