Motor Vehicle Loan
Ride Your Dream Bike Today!
We believe everyone deserves the joy of riding their perfect motor vehicle. With our motorcycle loan, you no longer have to put your dreams on hold. Say goodbye to the frustration of waiting, saving up for years, or settling for less. Our financing options are designed to make ownership simple, accessible, and stress-free.
Imagine the possibilities:
- Weekend Adventures: Escape the city and discover new horizons on a bike that matches your personality.
- Daily Commutes with Style: Make your workday a little more exciting by arriving on a motorcycle that turns heads.
- Join the Biker Community: Experience the camaraderie and freedom that come with being part of a passionate group of riders.
No matter your vision, we’re here to help make it a reality. Our motor vehicle loan is your ticket to owning the bike of your dreams without the long wait or overwhelming financial burden.
Start your journey today. With our fast and flexible loan options, you’re closer than ever to making that dream motor yours. Whether you’re a first-time buyer or an experienced rider looking to upgrade, we’re here to support you every step of the way.
Let us help you ride into the future on your dream motorcycle. The open road is calling—are you ready to answer?
Loan Requirements
- 10% equity of the loanable amount (deductible)
- Collateral: OR CR Chattel Mortgage
- Payee of the check is the motor dealer.
- 6% per annum straight / flat
- Maximum of 36 months to pay
- Maximum loanable amount is ₱300,000.
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Can I use the loan for any motorcycle I choose?
Yes, the loan can be used to purchase any motorcycle that meets the cooperative’s minimum value requirement. A quotation from an authorized dealer is required.
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What happens if I want to sell the motorcycle before paying off the loan?
You must first settle the outstanding loan balance before selling or transferring ownership of the motorcycle. Contact the loan department to make the necessary arrangements.
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Can I apply for a motorcycle loan if I have an existing loan with the cooperative?
Yes, you can apply for a motorcycle loan if you have an existing loan, as long as you meet the eligibility criteria and have a good repayment history. The cooperative may assess your capacity to repay the additional loan.
