Car Loan Impounding

Car Loan Impounding

Car Loan Impounding

Need cash within the day? Leave your car with us, and get your loan even faster!

Need emergency cash in an instant? Worry no more, apply for a car loan-impounding and we will process your loan as soon as possible.

Leave your car with us and make sure to complete requirements such as PNP-TMG clearance, original community tax certificate (CTC) and we will release your loan in just one day.

Acceptable models are 1995 & up

- PNP-TMG Clearance
- Tax Identification Number (TIN)
- Proof of income (payslips if employed; business permit if self-employed)
- Basic documentary requirements

Interest Rate
3.5% add-on per month

Loanable Amount
50% to 80% of vehicle’s fair market value

Processing Fee
3% + P150 (Metro Manila)
3% + P200 (provinces)

Processing Time
1 day

3 to 6 months (renewable)

Agent’s Commission
3% for new accounts
3% for renewal accounts

Other documents may be required as needed. Details listed here may change without prior notice.

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