Online Promo

Promo Mechanics:

  1. The BDO Auto Loan Online Promo (“Promotion”) applies to all brand new car buyers who will apply online for a BDO Auto Loan from June 15 to July 31, 2020 (“Promo Period”) through www.bdo.com.ph/AutoLoanPromo.

  2. The Auto Loan application should be subsequently approved and booked no later than September 30, 2020 (“Promo Availment Period”).

  3. To qualify for the Promotion, the following conditions must be met:

    1. The BDO Auto Loan application is for a brand new car and for personal use only

    2. Loan Term should at least be 36 months

    3. Loan Amount availed should at least be P600,000

    4. The Auto Loan Application must be submitted Online and processed by its corresponding handling BDO Auto Loan Account Officer

  4. The following promo offers are available and qualified borrower will get the following:

    1. Rebate (to be applied to loan related fees)

      • Amount will depend on the loan amount.

Loan Amount Amount of Rebate
P600,000 P999,999 P 3,000
P1,000,000 P1,499,999 P 6,000
P1,500,000 P1,999,999 P 9,000
P2,000,000 P2,999,999 P 15,000
P3,000,000 and above P 20,000

 

  1. Free First Year Motor Insurance

  • As a condition for choosing this offer, Borrower should renew his/her motor insurance for two (2) succeeding years after the expiration of his/her free motor insurance through BDO Insurance Brokers, Inc (BDOI).

Rebate

  1. Qualified clients under the Promotion can get a Rebate of up to P20,000. The corresponding amount of rebate shall be applied as a reduction to loan-related fees that client will be paying upon availment of the loan. Client’s handling Account Officer will discuss the total amount deducted from the loan-related fees.

Free First Year Motor Insurance

  1. A condition for the availment of the Free First Year Motor Insurance Premium is that the Client shall renew the insurance coverage for the succeeding two (2) years through BDO Insurance Brokers, Inc (BDOI).  The Client should also agree to issue two (2) postdated checks payable to BDO Insurance Brokers, Inc (BDOI) as payment of the premiums for Year 2 and Year 3 insurance renewal.

General

  1. All applications qualified for the Promotion will undergo standard evaluation and approval process of BDO, subject to completion of required loan documents.

  2. Employees of BDO and its subsidiaries and their relatives up to the second degree of consanguinity are not qualified for the promotion.

  3. The offer cannot be availed in conjunction with other BDO Auto Loan promotions    and/or offers.

  4. In case of dispute, BDO’s decision shall be final in concurrence with DTI. These terms and conditions are subject to any relevant law, government direction, and regulation. The promotion will be void where prohibited or restricted by law or government regulations.

 

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Per DTI Fair Trade Permit No. FTEB-100383 Series of 2020.

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