Rizal Commercial Banking Corporation (RCBC) vehicle loan rates and calculator

Rates are each lender's published add-on rate for the whole term (for example 17.76% over 36 months), for payments in arrears unless noted. “On request” means the lender offers the term but does not publish a rate. Promo rates, your credit standing and the vehicle can change what you are offered.

• RCBC Auto Loan Plus (brand new, free car insurance): Car insurance is free on Auto Loan Plus. Rates are the per-term interest rates built into the auto loan calculator on the page for Auto Loan Plus (total add-on for the term, same formula as the Regular Auto Loan). The page states a 20% down payment, free car insurance and payment terms of 36 to 60 months.
• RCBC Regular Auto Loan (brand new): Car insurance is charged separately on the Regular Auto Loan. Rates are the per-term interest rates built into the auto loan calculator on the page (brand-new, Regular Auto Loan). The calculator computes the monthly payment as loan amount x (1 + rate/100) / months, so they are total add-on rates for the term. The page states a 20% down payment and payment terms of 12 to 60 months; minimum loan PHP 500,000 for brand-new units in the eligibility list (the calculator panel shows PHP 300,000). Pre-owned rates in the calculator are higher: 8.26% (12), 12.14% (18), 16.39% (24), 24.72% (36), 33.70% (48).