AutoPlus Application Concerns

Loans

Vehicles with the following body types are eligible for financing for both brand new and pre-owned:

  • Passenger Car / Sedan 
  • Sports Utility Vehicle (SUV)
  • Asian Utility Vehicle (AUV) 
  • Light Commercial Vehicle (LCV) 
  • Trucks (4 or 6-wheelers) 
  • Passenger Vans 

Vehicles should not be more than one (1) month old from delivery date of dealer to the owner. 

Age of vehicle + loan tenor should not exceed seven (7) years upon loan maturity.  The vehicle is subject to appraisal and assessment of car history. 

Vehicles with the following body types are eligible for financing for both brand new or pre-owned:

·        Passenger Car / Sedan 

·        Sports Utility Vehicle (SUV) 

·        Asian Utility Vehicle (AUV) 

·        Light Commercial Vehicle (LCV) 

·        Trucks (4 or 6-wheelers) 

·        Passenger Vans 

*Age of vehicle must not exceed seven (7) years upon loan maturity. 

**Vehicle is subject to appraisal and assessment of car history.        

• For Brand New, minimum of 12 months up to maximum of 60 months. 
• For Pre-Owned*, minimum of 12 months up to maximum of 48 months. 

* Age of vehicle + loan tenor should not exceed seven (7) years 

  • In Arrears : You pay 30 days after your approved loan is booked
  • In Advance : You pay one month amortization in advance upon release of the vehicle, together with the initial fees and charges.

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