Cathay Pacific Bank is a private Bank with the largest distribution base in Taiwan and a market leader in securities delivery, credit card management, and asset management. With innovative products, high-quality customer service, a deep understanding of the industry, and extensive Asian service websites, it has outstanding results in consumer Finance.Visit site
|Min. financing amount||₱ 2000|
|Max.financing amount||₱ 1000000|
|Min. loan tenure||1 months|
|Max. loan tenure||12 months|
Interesrt Rates: From 2% APR Taiwan dollar
Interest rates in foreign currencies start at 1.5% in different currencies
Applicable Object: Professional Bank Investors
Payment terms: Up to 1 year
Account management fee: NT $ 5000 ~ 20 000
Interesrt Rates: 3.5% – 14.54% APR Taiwan dollar
Loan amount: up to 80% of purchase price
Payment terms: Up to 60 months
Associated payments: NT $ 3500
Down payment: As low as 20% of purchase price
If you have controlling shares that meet the requirements of the Bank, you can apply for financing at the Bank and take it on a random basis to help you flexibly distribute your funds.
Interesrt Rates: From 2% per month Taiwan dollar
Collateral: shares that meet the requirements of the Bank
Payment terms: Up to 12 months
Account management fee: NT $ 5 000 ~ 20 000
Interesrt Rates: 4.5% – 19,5% APR Taiwan dollar
Maximum loan amount: up to NT $ 200 000
Payment terms: From 10 to 30 days
Associated payments: NT $ 3500
The minimum down payment is 20% of purchase price.
Payment terms – up to 60 months.
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.
Documents confirming income and identification are the main requirements for obtaining a car 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.
Initial registration is usually done by agents, so you get a copy of OR / CR. You must remember that the initial registration is valid for 3 years, so after that you need to renew it annually in LTO.
|Full company name||Cathay United Bank|
|Address||Unit 5A, 5/F, Citibank Center 8741 Paseo de Roxas Makati City 1200, Metro Manila, Philippines|
|Phone number||+886-2-8722-6666 (02) 751 1161|
Cathay Pacific Bank is a private Bank with the largest distribution base in Taiwan and a market leader in securities delivery, credit card management, and asset management. With innovative products, high-quality customer service, a deep understanding of the industry, and extensive Asian service websites, it has outstanding results in consumer Finance.