
Our low interest rates will help you get moving fast.
Consider an auto loan with PPCBank. We offer loans for both new and used cars with competitive interest rates. Combine that with our fast approval process and you’ll be able to enjoy your new car easily.
Types of vehicles
Touring car
Family car
Truck ( < 2.5 Tons )
Mini Car ( < 28 Seats )
Requirements
National ID Card or Valid Passport
Family Record Book / Residence Book
Salary certificate or Income
Driver License
conditions
Types | New Cars | Used Cars |
---|---|---|
Loan Amount |
| |
Interest Rate | From 9.99% / Year | From 10.99% / Year |
Loan Ratio | Up to 80% of (Collateral value) | Up to 70% of (Collateral value) |
Loan Term | Up to 108 months | Up to 84 months |
Repayment Mode | Installment / Amortization | |
Principal | Principal or Full settlement from 2 years onwards, no penalty | |
Collateral | Car ID or Property (Hard Title Deed) | |
Approval period | Only 1 day |
To Apply
You will need to have an employment ID, employment contract, bank statement, salary confirmation from your bank or payroll list
Be a resident with an address
Demonstrate the ability to pay back PPCBank
Note
Applies for a brand new car (produced in last 17 years from present).
Applies for a used car (produced in last 10 years from present).
* Interest Rate: based on brand new or used car, loan term, and loan ratio.
** For buying a car from our partner company, the interest rate can be lower than the above interest rate.