Easi-Drivin’ Auto Loan

Our Easi-Drivin’ Auto Loan makes owning your first car a breeze. We have affordable amortization schemes and flexible terms. Choose between a regular auto loan or an all-in loan (inclusive of Chattel Mortgage). Free comprehensive car insurance worth P17,000 for the first year for brand new, personal use car, wagon, AUV, SUV or pick-up truck.

Vehicle Maximum Loan Term
Brand New Unit 60 months
Pre-owned Vehicles:
Less than 1 year up to 2 yrs. old 48 months
3 to 4 years old 36 months
Requirements
  • Duly filled-out CBS Auto Loan Application Form
  • Latest Bank Statements/Passbook (3 months transactions)
  • ITR or BIR Form 2316 or pay slips for at least three (3) months immediately preceding the date of the loan application.
  • For married individuals, the written consent of the spouse must be obtained, except under the conditions as provided by the law.
  • Fully completed Deed of Undertaking for the car insurance coverage, if applicable.

Loan Calculator



*Computation results are only based on indicative rates and for estimation purposes only. Final loan amount, monthly amortization fees and applied rate shall be confirmed in your loan documents upon approval. Account officers will provide actual computations based on prevalent rates

Borrower's Information

Copyright 2020. China Bank Savings. All rights reserved.