Auto Loan Requirements

CHECKLIST OF PROCESSING REQUIREMENTS FOR AN AUTO LOAN IN A BANK

A. Auto Loan Application Form
• Duly accomplished Application Form
• 2 valid Identification Cards
• If married, both spouses to sign on the application form

B. Income Documents
If Locally Employed
• Certificate of Employment (COE) indicating salary, position and length of service
• Latest Income Tax Return (ITR)
If Overseas Filipino Worker
• Contract / Certificate of Employment (COE)
• Crew Contract and Exit Pass validated by POEA (seaman)
• Proof of monthly remittances
• Notarized or authenticated Special Power of Attorney
• Duly accomplished Auto Loan Application form required by POEA
If Self-Employed
• Articles of Incorporation and By-Laws with SEC Registration Certificate
• G.I.S. (General Information Sheet)
• Audited Financial Statements for the last 2 years
• DTI Registration
• Income Tax Return w/ audited financial statements for the last 2 yrs
• List of Trade References (at least 3 names with telephone nos. of major suppliers/ customers)
• Bank Statements for the past 6 months

Additional requirements may be requested along the lines of the documents above.