Promo Period

The InstaCar promotion (the Promo) is open to select RCBC repeat borrowers who will apply for and avail of an RCBC Auto Loan from January 2, 2025 to December 31, 2025 (the ”Promo Period”).

Applications must be submitted within the Promo Period, even if subsequently approved and availed of thereafter but in no case later than March 31, 2026 (the “Availment Period”).

 

Eligibility

To qualify for the Promo, loan applications should be submitted within the Promo Period and should have been approved and availed within the Availment Period, and must meet the following conditions:

1. Pre-qualified repeat borrowers of auto and home loans with RCBC who have received the promo via email or Viber.
2. The loan purpose must be the purchase of brand new private and personal vehicles only. 
3. With RCBC savings / checking account.
4. Auto loan brands and variants must be any of the following:

Brands	Variants
Toyota	Full sedan
Mitsubishi	SUV
Nissan	Pick-up
Ford	Cross-over
Suzuki	Vans
Honda
Isuzu
Subaru
Kia (except full sedan)
Hyundai
Mazda

5. The promo offers are applicable to Regular Auto Loan and Auto Loan Plus.

6. The promo has a minimum loan amount of Php500,000 and a maximum of Php3,000,000 (1 unit only).

7. The required down payment for a unit is a minimum of 20% of the unit’s suggested retail price (SRP).

 

Offer

Regular Auto Loan

• Free chattel mortgage (Documentary stamp fees shall be shouldered by the client.)
• Applicable special add-on interest rates shall be as follows:

Term	Add-on Rate
12 mos	4.80%
18 mos	7.10%
24 mos	9.80%
36 mos	15.20%
48 mos	20.80%
60 mos	26.80%

 

 Auto Loan Plus 

• Free chattel mortgage (Documentary stamp fees shall be shouldered by the client.)
• Free 1-year worth of car insurance for a minimum of 36 months loan term
• Applicable special add-on interest rates shall be as follows:

Term	Add-on Rate
36 mos	14.37%
48 mos	19.90%
60 mos	25.82%

 

General Provisions

1. All loan applications qualified under the Promo shall be processed under the relevant terms and conditions, as well as RCBC’s policies and procedures.
2. RCBC, its subsidiaries, affiliates, advertising agencies, and print suppliers, including their respective Board of Directors and Advisory Board Members, officers, employees, and their relatives up to a second (2nd) degree of consanguinity and affinity are not qualified for this Promo.
3. This Promo is not valid in conjunction with other promotions carried out by RCBC.
4. Qualified clients authorize RCBC to disclose, and publish their names, photos and other particulars as determined by RCBC to any person/s and in any mode or manner, as RCBC may deem appropriate in relation to this Promo. RCBC shall not be liable for violation of customer data privacy and/or bank secrecy law as a result of said disclosure or publication.

 

Terms and conditions apply.

 

To apply, please fill-out the attached application form.