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Chattel Loan



Requirements:

DURING APPLICATION
  1. 1 pc 2x2 Photo of the Applicant
  2. LTO Registration and O.R. (Photocopy)
  3. 4 pcs Colored pictures of the Unit
  4. Unit for Appraisal/ Inspection
  5. Stencil of Motor No. and Chassis No. (LTO Form)
  6. Latest Income Tax Return
  7. Photocopies of TIN ID/ TIN No.
  8. 2 Photocopies of Gov’t. Issued ID’s
  9. Others ______________________________
AFTER APPROVAL & BEFORE AVAILMENT
  1. Original LTO Registration Certificate and OR
  2. Comprehensive Insurance Policy (Company Accredited Insurance Company)
  3. Post-dated Checks
  4. PNP Clearance with Macro-Etching (Sale)
  5. Copy of Deed of Sale / Invoice when unit was required
  6. Incidental Expenses / Fees

1.5% per month for Chattel Loans

Add-on (+2% p.a rebatable)

2.5% per month for Balloon / Lump-sum Payment