BDO Auto Loan

Get your hands on those brand-new wheels! Enjoy affordable cash-out options, low-interest rates, and fast processing with BDO Auto Loan!


Auto Loan

Application requirements

  • At least 21 years old but not exceeding 70 years old at the end of the loan term
  • Filipino citizen or foreign nationals
  • Minimum gross family income of 50,000/month or its equivalent in US Dollars
  • With stable source of income from employment or business
    • Locally employed: at least 2 years with current company  
    • Self - employed: at least 2 consecutive profitable years of operation
    • Employed abroad: 2-3 years consecutive employment. Assignment of Beneficiary as Loan Administrator if not in the Philippines at the time of application  

Basic Document
  • Completely filled-out application form
Identification Documents
  • Photocopy of one (1) valid ID matching application details (e.g. Driver’s License, Passport, Tax Identification Number (TIN) ID, Social Security System (SSS) ID, Government Service and Insurance (GSIS) eCard)
  • For Foreigners, Alien Certificate of Registration with Work Permit
Income Documents
  1. Locally Employed (any of the following):
    • Latest Income Tax Return or BIR Form 2316 or latest payslip
    • Certificate of Employment with Salary
    • Additional for Foreigners, current employment contract
  2. Self-Employed:
    • Photocopy of Audited Financial Statements for the last 2 years with latest ITR
    • Bank Statements or Photocopy of Passbook for the last 3 months
    • Certificate of Business Registration
  3. Employed Abroad (any of the following):
    • Proof of Remittance for the last 3 months
      Latest Crew Contract, if sea based
      Consularized Certificate of Employment with Income (COEI) or latest three (3) months payslips
Application Process

Frequently Asked Questions

BDO Auto Loan offers financing for:
  • Purchase of Brand-New Cars including Electric and Hybrid Electric models
  • Reimbursement of Brand-New Cars 
    • Car should not be more than one (1) month old from delivery date of dealer to the owner and with a mileage of less than 2,500 kilometers  
  • Purchase of Pre-owned Cars
    • Year model should not exceed six (6) years upon loan maturity

You may send your application online. Click here to apply and our Account Officer will get in touch with you. 

You will be asked to submit any of the following 
  • Proof of Remittance for the last 3 months
  • Latest Crew Contract (if sea based)
  • Consularized Certificate of Employment with Income(COEI) or latest three (3) months payslip.

  • Chattel Mortgage Fees (CMF)
    CMF are loan fees inclusive of documentary stamp tax, processing and notarial fees. This is computed based on your loan amount and is approximately 2-3%. 

  • Comprehensive Motor Insurance Premium
    Computed based on vehicle type and purchase price.

  • Compulsory Third Party Liability (TPL) Insurance
    Cost approximately 700 for one year. 

    Loan related fees can be paid at any BDO branch through over the counter or via BDO Online Banking through bills payment facility. 

Comprehensive Motor Insurance Coverage – a post approval requirement when you avail of an Auto Loan. It ensures that your car is protected against damage, theft, malicious acts, liabilities caused by collision, fire, personal accident, and natural disasters. 

BDO offers a Multi-Year Motor Insurance coverage, an insurance payment scheme that offers savings on insurance premium cost and hassle free insurance coverage. This is a discounted insurance premium covering the term of the loan that can be paid upfront or be included as part of the amount to be financed.     

Compulsory Third Party Liability (CPTL) – a mandatory requirement of the Land Transportation Office (LTO) when you register your vehicle. It compensates the third party in case of an accident involving the insured car. 

Payment for your auto loan will be settled in equal monthly installments covering (1) your principal loan amount and (2) the interest incurred. This will be spread across your loan term. 

Monthly loan amortization will automatically be deducted from your enrolled BDO Account every due date via Automatic Debit Arrangement (ADA)

Note: Please ensure that your account is sufficiently funded before the due date of your monthly loan payments to avoid penalties and late payment charges. 
If you are living abroad, you may want to consider these options:
  • Payment via Remittance to your BDO Account:
    • Visit any BDO Remit Office or accredited remittance partner abroad.
    • Fill out the form, request crediting of remittance to a BDO Savings Account signed under ADA.
  • Pay via Telegraphic Transfer thru SWIFT Code: (in cases there are no BDO Remit office or accredited remittance partner abroad)
    • Visit any BDO’s Correspondent Bank abroad
    • Fill out the form and indicate the necessary information
      • If Credited to BDO Account
        • Beneficiary Bank (use SWIFT Code BNORPHMM)
        • Beneficiary Name (should be the account name of the client)
        • Beneficiary’s BDO Deposit Account Number
        • Amount of Payment
        • Purpose of Remittance specify Payment for Auto Loan
      • If Direct Payment via PN No
        • Beneficiary Name (should be the name of the client)
        • Promissory Note Number (PN No.)
        • Amount of Payment
        • Purpose of Remittance specify Payment for Auto Loan  

BDO Online Banking
To access BDO’s Online Banking, you should have a BDO Deposit Account or Credit Card. 
If you don't have a BDO Online Banking Account yet, sign up here.
To set up your Auto Loan Account: 
  1. Log in to your BDO Online Banking.
  2. Go to Enrollment Services.
  3. Add your Auto Loan Account.
Once your account is set-up, you may view your Account and Transaction Details, such as Account Number, Interest Rate, Monthly Amortization, Outstanding Balance, etc. 

BDO Loans Quick Inquiry
  1. Click here to check your account. 
  2. Fill out the form with your loan account and personal details. 
  3. You will receive a One-Time Password (OTP) through your registered mobile number to complete your log in.

Please ensure to keep your contact information updated:
  1. Go to Loan Client Request and choose Loan Information Update
  2. Click Client Information and choose your applicable category
  3. Accomplish the online form and click Submit
To request copy of your loan document(s), amortization schedule or full payment computation:
  1. Go to Loan Client Request and choose Document Request
  2. Click the appropriate link for the document you want to request
  3. Accomplish the form and submit as instructed
Below requests will be charged with corresponding processing fees.
  • Payment Summary / History of Payment – 200
  • Certificate of Outstanding Balance – 100
  • Interest Applied & Total Interest Paid – 200 (for Home and SME Loan)
  • Certificate of Mortgage – 100 (for Home and SME Loan)

Once your loan has been fully paid and cleared by the Bank, you will be notified via SMS/email of the availability of your collateral documents, which includes the title.

To request the release of your collateral documents, go to Loan Client Request and click Collateral Request.
Please be advised that there is a 6-month claim period for collateral documents. After which, a Safekeeping Fee will be charged, as follows:
  • After 6 months from date of SMS/email on the availability of collateral document – 500 per Loan Account
  • Every year thereafter that the documents remain unclaimed – Additional 500

  • Once you have the following original documents:
    • Release of Mortgage (ROM)
    • Promissory Note with Chattel Mortgage
    • LTO Certificate of Registration Encumbered  (CRE)
    • Official Receipt (OR)
  1. Go to the Registry of Deeds (RD) indicated in the ROM to have the annotation cancelled/removed. Present the following:
    • Original notarized ROM
    • Promissory Note with Chattel Mortgage 
  2. Bring the following to the LTO agency where your unit is registered as indicated on the CRE
    • Original LTO CRE and OR
    • ROM duly acknowledged by Registry of Deeds
    • Mortgaged vehicle for inspection
  • After completion of the above steps, a new Certificate of Registration will be issued by the LTO. 
  • Please note that corresponding fees will be charged by the RD and LTO for this transaction.

Loan Client Request

Update your information

Make changes to your ADA account

Call Customer Contact Center at (+632) 8631-8000 for due date change and request for computation of accrued interest payable prior to change.

Click here for other loan inquries.

Request for loan documents
  • Certificate of Registration
  • Promissory note with Chattel Mortgage
Submit request form online

Get computation of the amount needed to be paid to settle loan in full.

Submit request form online

Submit Online Form for the following requests:
  • Certificate of Conformity/Encumbrance
  • Certificate of Full Payment
Submit Customer Request Form at the nearest BDO Branch for the following:
  • Certificate of Outstanding Balance
  • History of Payment

Click here for other loan inquries.

Set an appointment as soon as you receive a notification to claim your collateral documents 
Note: Choose your preferred date and time from 9:00 a.m. to 3:00 p.m. on banking days. No walk-ins allowed.
Should you miss your scheduled appointment, you may set a new appointment after three (3) banking days.

Prepare all requirements for the release of collateral. Click to see complete requirements.
Kindly expect an SMS and email confirmation of your appointment with a BDO email address where you should send a copy of one (1) valid government-issued ID (with 3 specimen signatures) of the Claimant/s (Borrower/s / Registered Owner/s and/or Authorized Representative) for advance validation. Original copies to be presented upon claiming of the collateral documents.

Please be advised that there is a 6-month claim period from the date of notification release of collateral documents. After which, a Safekeeping Fee will be charged. Details as follows:
  • After 6 months from notification of availability of collateral document – P500 per Loan Account
  • Every year, thereafter, that the documents remain unclaimed – Additional P500

Click here for other loan inquries.


For any complaint or concern, the client may visit our branch or our BDO Consumer Assistance Management System online at The client agrees and understands that BDO shall take actions within 7 to 10 banking days from receipt of complete information and relevant documents in hard copies or electronic form from the client. For complaints/concerns requiring more time to investigate and resolve, BDO will accordingly advise the client including the progress thereof.

Contact us

BDO Corporate Center

BDO Corporate Center:

7899 Makati Avenue Makati City 0726, Philippines Trunkline: (+632) 8840-7000

BDO Corporate Center

BDO Contact Center:

(+632) 8631-8000

BDO Corporate Center

This channel is dedicated to handling phishing reports, online banking enrollment and/or updating of registered online banking contact information of overseas clients

BDO Corporate Center

BDO's Consumer Assistance Management System

See available channels

BDO Corporate Center

International Toll-Free:


(See list of IAC here)