Bank of Commerce logo

Bank of Commerce Car Loan 2026

Aditya Aman, author and expressway expert based in Manila, PhilippinesBy Published Sep 28, 2026Editorial PolicyLives in the Philippines and has driven nearly every Luzon expressway with his family.

Bank of Commerce finances the purchase of new cars through the BankCom Auto Loan, for employed, self-employed, OFW, corporate and partnership borrowers.

Down payment
The calculator offers 20%, 25%, 30%, 35%, 40% or 45%
Loan term
12 to 60 months
Loan amount
₱100,000
Decision
Final approval depends on the required documents and the bank's credit policies

BankCom Auto Loan: features

Loan purpose
Purchase of a new car (the lender's pages differ: the 2019 application form also offers used vehicles)

Bank of Commerce's own pages differ on used-car financing: Loan purpose is purchase of a new car only, per the current live Auto Loan product page; A 2019 application form PDF includes an OR/CR field for purchase of a second-hand vehicle, suggesting used cars were once financed. Confirm with the branch before you apply.

Bank of Commerce car loan requirements

Tick each document as you gather it, then print the list for your branch visit.

6 of 6 still to gather

3 of 3 still to gather

3 of 3 still to gather

4 of 4 still to gather

How to apply for a Bank of Commerce car loan

  1. Download the auto loan application form
    Open Bank of Commerce's form
  2. Email the completed form to EENilo@bankcom.com.ph or fax it to (02) 8-570-7672

Bank of Commerce car loan fees and terms

What Bank of Commerce charges beyond interest, and the rules after you sign. Your disclosure statement lists the full amount.

Rate
Calculator results are indicative; the applied rate is confirmed in your loan documents on approval
Repayment method
Post-dated checks or auto-debit (application form options)
Disclosure statement
The borrower has a right to demand a copy of the disclosure statement
Credit data
The application form authorises regular submission and disclosure of your basic credit data

Bank of Commerce car loan hotline and contact

Auto loan inquiries
(02) 8-982-6549 or (02) 8-982-6539
Customer service
+63 (2) 8-632-2265; customerservice@bankcom.com.ph
Toll-free
1800-10-982-6000 (PLDT) or 1800-8-982-6000 (Globe)

Bank of Commerce car loan questions

How much is the down payment for a Bank of Commerce car loan?

The calculator offers 20%, 25%, 30%, 35%, 40% or 45%.

How long is Bank of Commerce car loan approval?

Final approval depends on the required documents and the bank's credit policies, once your documents are complete.

What are the requirements for a Bank of Commerce car loan?

Auto Loan Application Form; Photocopy of a valid ID: driver's license, passport, SSS ID, PRC ID, Postal ID, or company ID if a Top 5,000 corporation; Deposit passbooks or bank statements for 6 months; Billing statement for the latest month; Vehicle quotation from the dealer, if available; Corporations and partnerships: DTI or SEC papers, audited statements and ITR for the latest year, secretary's certification or board resolution.

Can I get an auto loan from Bank of Commerce?

Yes, for brand-new cars. BankCom's current Auto Loan product page states the loan purpose as purchase of a new car only; an older 2019 application form mentioned a used-car option, but that isn't reflected on the live page, so confirm with a branch if you're financing a used car.

How do I calculate my car loan amount?

BankCom's calculator lets you choose a down payment of 20%, 25%, 30%, 35%, 40% or 45% and returns a monthly amortization and loanable amount, but it doesn't show an interest rate; the applied rate is confirmed in your loan documents on approval.

How much is the bank interest rate for a car loan?

BankCom does not state a numeric interest rate for its Auto Loan; the online calculator computes a monthly amortization without ever showing a rate figure.

What are the requirements to get a car loan?

BankCom's minimum loan amount is ₱100,000 over 12 to 60 months. Final approval depends on your submitted documents and the bank's credit policies, which BankCom confirms case by case rather than through a fixed stated checklist.

Can I check my car loan status?

BankCom does not state an online status tracker; call auto loan inquiries at (02) 8-982-6549 or (02) 8-982-6539, or customer service at +63 (2) 8-632-2265.

Compare before you apply

Answer 5 questions to see the three car loans that fit you best, or check the requirements at every bank.

How we compare car loans.