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Car Loan

<p>A Metrobank Car Loan offers a smooth and affordable way to get the car you've always wanted. Here are some of the benefits you can enjoy:</p>

Apply for a car loan online or visit any Metrobank branch in the Philippines.

Easy application process

A competitive car loan interest rate makes owning your dream car more affordable and manageable.

Competitive rates

Your Metrobank Account Officer will guide you throughout the whole process.

Personalized service

<h1>Apply for a <span style="background: linear-gradient(76.66deg, #0357ff 10.45%, #ac30ff 54.85%); color: transparent; background-clip: text;">Metrobank Car Loan </span>online</h1>

<p>We&rsquo;re committed to providing you with competitive rates! Use our Car Loan Calculator to compute your estimated monthly payments and see if a Metrobank Car Loan fits your budget.</p>

<h2>Compute your monthly payments</h2>

<p>Here are the eligibility requirements for a Metrobank Car Loan:</p>
<ul>
<li>Minimum age:&nbsp;18 years old</li>
<li>Minimum income:&nbsp;Gross monthly family income of PHP 40,000</li>
<li>Employment:&nbsp;Minimum of 2 years with current employer</li>
<li>In Business:&nbsp;Profitable business operation for the past 3 years</li>
<li>Credit history:&nbsp;Good credit history with no negative findings</li>
</ul>

<ol role="list">
<li>Filled-out and signed <a href="https://mcola.metrobank.com.ph/car-loan">Metrobank Car Loan Application Form</a></li>
<li>One valid government-issued ID (preferably passport)&nbsp;
<ol role="list">
<li>For Foreigners (SRRV): Valid foreign passport AND One (1) valid Philippine Retirement Authority (PRA) SRRV ID</li>
<li>For Foreigners (other visa types): Foreign Passport OR valid ACR I-Card AND Annual Report Fee Official Receipt&nbsp;</li>
</ol>
</li>
<li>For source repayment:&nbsp;&nbsp;
<ol role="list">
<li>For employed individuals:&nbsp;
<ul role="list">
<li>Original Certificate of Employment (COE) with compensation, position or job title, and date of employment; OR&nbsp;</li>
<li>Latest three (3) months electronic pay slips; OR&nbsp;</li>
<li>Latest Income Tax Return (ITR) of BIR Form 2316 (ITR is required if total loan exposure with Metrobank is above PHP 3MM)&nbsp;</li>
</ul>
</li>
<li>For Individual Applicants in Business:&nbsp;
<ul role="list">
<li>If Single Proprietorship: DTI Certificate of Registration or Business Permit</li>
<li>If Corporation or Partnership: SEC Registration with Articles of Incorporation and By-Laws (or Articles of Partnership with names of Partners) AND updated GIS with names of shareholders and Senior Management</li>
<li>Latest Income Tax Return AND 2 years Audited Financial Statements (required if total loan exposure with Metrobank is about 3MM)</li>
<li>Last six (6) months bank statements</li>
</ul>
</li>
<li>For Overseas Filipino Workers:&nbsp;
<ul role="list">
<li>If land-based OFW: Original Certificate of Employment (COE) with compensation, position or job title, tenure, and employer&rsquo;s email</li>
<li>If sea-based OFW: Latest POEA Contract AND Certificate of Sea Service with work history and tenure</li>
<li>Proof of monthly remittance for the last six (6) months in the name of the OFW or his immediate family members; OR</li>
<li>Three (3) months pay slips/ payroll bank statements</li>
</ul>
</li>
</ol>
</li>
</ol>

<p>Prepare these 3 basic requirements:</p>
<ul>
<li>Metrobank Car Loan Application Form</li>
<li>Identification documents</li>
<li>Income documents</li>
</ul>
<p>Check the complete list of car loan requirements <a href="https://www.metrobank.com.ph/help#FAQ-Car_Loan-What_are_the_application_requirements_for_a_Car_Loan">here</a>. <br>For further inquiries, you may also call the Metrobank Contact Center at (02) 88-700-700. <br>Domestic Toll-free No-1-800-1888-5775 (using PLDT line).</p>
<div><a href="https://mcola.metrobank.com.ph/car-loan" style="text-decoration: none; flex: 1 1 200px;"> <button style="background-color: #001a88; color: #ffffff; border: none; border-radius: 20px; padding: 12px 24px; cursor: pointer; text-align: center;" data-name="car-loan-thingstoknow-applynow" id="car-loan-thingstoknow-applynow"> Apply Now </button> </a></div>

<p><strong>What are the advantages of using the Metrobank Car Loan Calculator?</strong></p>
<p>The&nbsp;<a href="https://mcola.metrobank.com.ph/car-loan">Car Loan Calculator</a>&nbsp;allows you to estimate your monthly payments based on different loan amounts, car loan interest rates, and terms. This helps you plan your budget and choose the loan option that best suits your financial capabilities. The calculator will only be able to provide estimates. The final computation will be done once you complete your application.</p>
<p><strong>What are the minimum and maximum loan terms and amount for a Metrobank Car Loan?&nbsp;</strong></p>
<p><strong><img src="https://web-assets.metrobank.com.ph/1763714520-screenshot-2025-09-22-at-4-16-37-pm.png">&nbsp;</strong><strong></strong></p>
<p><strong>How will I pay for my monthly amortization?</strong></p>
<p>You can pay for your monthly amortization via an Auto Debit Arrangement (ADA) from your</p>
<p><strong>Metrobank deposit account. What are the minimum income requirements?</strong></p>
<p>There is a minimum gross monthly family income requirement of PHP 40,000. How long does it take to get my application for a car loan approved?  Processing times may vary, but Metrobank is committed to completing your application in as fast as 3 business days.</p>
<p><strong>Can I apply for a Metrobank Car Loan online?</strong></p>
<p>Yes. You can apply for a car loan online, no branch visit needed. Simply fill out the application form, submit your auto loan requirements digitally, and wait for a decision in as few as 3 business days.</p>
<p><strong>How accurate is the Metrobank auto loan calculator?</strong></p>
<p>The auto loan calculator provides reliable estimates based on your input: loan amount, preferred term, and car loan interest rates. However, the final computation will be determined once your application is fully processed and evaluated.</p>

Before you submit your application for a Metrobank Car Loan, here are some key things to keep in mind:

<h2>Things to<span style="background: linear-gradient(76.66deg, #0357ff 10.45%, #ac30ff 54.85%); color: transparent; background-clip: text;">&nbsp;Know</span></h2>

<p>Metrobank offers competitive car loan rates to help you drive your dream car.&nbsp;</p>
<p>Our prevailing car loan rates are as follows:</p>

Rates and Fees

<h2>Rates and Fees</h2>

<p>Let us help you get the car of your dreams. Apply for a car loan online today.</p>

<h2>Ready to upgrade the way you travel?</h2>

Home Loan

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<h2>Keep <span style="background: linear-gradient(76.66deg, #0357ff 10.45%, #ac30ff 54.85%); color: transparent; background-clip: text;">Exploring</span></h2>

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Your dream car is within reach. Plan your budget with our car loan calculator, explore competitive loan interest rates, and apply with Metrobank today.

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<p>For inquiries, you may call our Metrobank Contact Center at (02) 88-700-700, or our domestic toll-free number at 1-800-1888-5775, or send an e-mail to <a href="mailto:customercare@metrobank.com.ph">customercare@metrobank.com.ph</a></p>

<p>Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: <a href="https://www.bsp.gov.ph">https://www.bsp.gov.ph</a></p>

<p>Deposits are insured by PDIC up to P1 Million per depositor.</p>


Apply for a Metrobank Car Loan online

Easy application process

Competitive rates

Personalized service

Compute your monthly payments

Things to Know

Rates and Fees

Ready to upgrade the way you travel?

Keep Exploring

Home Loan

Personal Loan

Assets for Sale

Got questions? We can help.