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.
Security Bank Car Loan (brand new): Chattel mortgage fee, inclusive of documentary stamp tax, processing fee and notarial fee (amount not published). 'Standard' column of the page's Brand New Car Loan Rates table. The car page labels the figures only as rates per term; they are treated as total add-on rates for the term because they rise with the term and Security Bank's motorcycle loan page labels the same table layout 'Add-On Rates (Net) In Arrears'. With one month advance: 4.80% (12), 7.57% (18), 11.19% (24), 17.16% (36), 23.61% (48), 31.29% (60). Down payment as low as 20% of the purchase price, loan up to 80%; brand new 12 to 60 months, second hand 12 to 48 months and up to 70% of appraised value. The page states a joint monthly gross income requirement of PHP 100,000.
Security Bank Motorcycle Loan (big bikes, 400cc and up): 'Add-On Rates (Net) In Arrears' column of the page's Brand New Motorcycle Loan Rates table (total add-on for the term). With one month advance: 6.80% (12), 10.72% (18), 15.57% (24), 24.49% (36). For 400cc and up models with a minimum SRP of PHP 300,000; loan up to 70% of the purchase price, maximum 36 months. The source is an undated AMP page on the bank's own domain, so confirm the rates are current before relying on them.
Security Bank loan calculator
Estimated monthly payment₱17,670for 60 months
Amount financed
₱800,000
Total interest
₱260,200
Total cost (down payment, instalments and fees)
₱1,260,200
Cash needed up front
₱200,000
Add-on rate for the term
32.52%
Estimate only, not a loan offer. Rate source: Security Bank (Security Bank Car Loan (brand new)), verified 13 November 2026. Fees: Chattel mortgage fee, inclusive of documentary stamp tax, processing fee and notarial fee (amount not published).
Questions and answers
How much is the monthly payment on a Security Bank car loan?+−
For a ₱1,000,000 car at the minimum 20% down (₱200,000) over 60 months, the published add-on rate of 32.52% gives an estimated ₱17,670 a month and ₱260,200 in total interest. This is an estimate, not an offer.
What terms does Security Bank offer?+−
Security Bank Car Loan (brand new) is offered over 12, 18, 24, 36, 48 and 60 months with a minimum down payment of 20%. Fees: Chattel mortgage fee, inclusive of documentary stamp tax, processing fee and notarial fee (amount not published).