BHF Rural Bank, Inc. was formed on February 28, 1997. BHF Rural Bank, Inc. originally housed its main office at the 2nd Floor, BHF Corporation Building, A.B. Fernandez Avenue, Dagupan City. In 2001 it moved to BHF Plaza at Mayombo District, Dagupan City and now stands to its own building on the same district when […]Visit site
Dr. Armando B. Bonifacio Position: President
|Min. financing amount||₱ 100000|
|Max.financing amount||₱ 10000000|
|Min. loan tenure||6 months|
|Max. loan tenure||25 months|
Interest Rates: From 14% APR
Brand new: up to 80% of purchase price
Second hand: up to 70% of appraised value
Brand New: 12 to 60 months
Second hand: 12 to 48 months
Maximum car age: For second hand, the age of vehicle + loan tenor should not exceed 11 years
Approval time: 1-3 banking days
Down payment: As low as 20% of purchase price
– At least 21 years old at the time of application but not more than 65 years old upon loan maturity
– Must be a Filipino Citizen
– Must have an office or residence landline
– With at least two (2) continuous years of profitable operations in the same line of business
– AGRICULTURAL CREDIT
– AGRARIAN REFORM LOAN
– BUSINESS CREDIT
– REGULAR ECONOMIC DEPOSIT
– URGENT CONTRIBUTION
MAXIMUM DEPOSIT INSURANCE: Php 500,000.00
The longest loan period is 10 years.Send an application
Since this type of loan is associated with large amounts of money and a large volume of documents, the term for making a decision by the Bank depends on two stages of verification. First, the Bank will check your solvency, this stage takes no more than 5 working days on average. Then the Bank will need to check the documents for the land or property you are buying, as well as make an assessment of it.Send an application
There is no single solution. If you need the lowest monthly payment, then take loan for the maximum possible period. If you are not sure that you will have a consistently high income, then take as little time as possible.Send an application
No, the car is your property from the moment of purchase, but remains the bank’s guarantee for the loan period. This means that you cannot sell the car, and you also have to pay for car insurance so that the bank can receive its money in any case.Send an application
Payment terms for Brand New cars – up to 60 months.
Payment terms for Used cars – up to 48 months.
Documents confirming income and identification are the main requirements for obtaining an Auto loan.
Application form with filled in fields.
Copy of Passport or any ID ( SSS ID, Driver’s License, Voter’s ID)
Working borrowers must submit documents: certificates from the place of work or COE, a copy of payslip for 2 months, income tax return from BIR or ITR within 1 year.
Self-employed applicants must submit documents: a copy of the ITR with THE bir stamp , a copy of registration with the DTI or SEC, and a copy of financial statements for a period of at least 2 years .
After buying a car, you need to pay for insurance.
Filipino who is going to work abroad. Documents for issuing OFW loan:
• 2 valid IDs related such as passport and OWWA ID
• Copy of visa
• Consularized certificate of employment
• Flight ticket and details
• Transfer confirmation
• POEA overseas employment certificate – get this from the POEA office in your area
• For seafarers, the latest contract
• Billing confirmation
• Proof of residency
Typically, you should apply for an OFW loan when you already have an OWWA passport and other documents confirming your OFW status.Send an application
BHF Rural Bank issues an OFW loan for up to 24 months.Send an application
|Full company name||BHF Rural Bank, Inc.|
|Address||Mayombo District, Dagupan City, Pangasinan 2400|
|Phone number||Contact: (075) 529-5966 (075) 522-9079 Fax: (075) 522-2852|
BHF Rural Bank, Inc. was formed on February 28, 1997.
BHF Rural Bank, Inc. originally housed its main office at the 2nd Floor, BHF Corporation Building, A.B. Fernandez Avenue, Dagupan City. In 2001 it moved to BHF Plaza at Mayombo District, Dagupan City and now stands to its own building on the same district when it transferred its Main Branch and Corporate Office last 2007
BHF Rural Bank, Inc. has current six (6) branches, to wit: Lingayen Branch, Urdaneta City Branch, Tayug Branch (Previously Paniqui Branch), Mangatarem Branch (Previously Baguio City Branch), Rosario La Union (Previously Tarlac City Branch) and Alaminos City Branch.
Today, the Bank continues to upgrade its operating systems and professionalized its ranks in order to provide better services to its clienteles and to be at par with Bangko Central Ng Pilipinas and international banking standards.
I got a car loan when we finally had money to pay off (the interest rate was low), it was easy to get it!