BDO Car Loan 2026
By Aditya AmanPublished Sep 28, 2026Editorial PolicyLives in the Philippines and has driven nearly every Luzon expressway with his family.BDO Auto Loan finances brand-new cars, including electric and hybrid models, and pre-owned cars for personal or business use, for Filipinos and foreign nationals.
- Interest rate, brand new
- 7.50% to 10.50% a year on the balance
- Monthly on ₱1,000,000
- ₱21,494 over 60 months, about 10.5% a year
- Down payment
- 20% for personal use, 30% for business use
- Loan term
- Up to 5 years for personal use, 3 years for business use
- Loan amount
- ₱100,000
- Decision
- Within 24 hours
BDO car loan calculator
Pick your car, down payment and term to see the monthly payment at BDO, the total interest, the one-time charges and what the car costs you in all, and how BDO compares with the cheapest bank for the same loan.
Example car, ₱1,250,000, 20% down, 60 months. Pick your car or type its price.
₱21,494a month
10.50% a year on the balance you owe
- Down payment
- ₱250,000
- Loan
- ₱1,000,000
- Total interest
- ₱289,634
- One-time charges
- ₱7,880
- What the car costs you
- ₱1,547,514
3 of 8 banks for this loan: ₱527 a month more than UnionBank.
Pay overMonthlyTotal interest
Shorter terms cost more a month and less in total. Tap a term to use it above.
BDO car loan rates by term
BDO charges a yearly rate on the balance you still owe.
| Car | 12 months | 18 months | 24 months | 36 months | 48 months | 60 months |
|---|---|---|---|---|---|---|
| Brand new | 7.50% | 8.00% | 9.25% | 10.00% | 10.25% | 10.50% |
| Second hand | No rate for this term | No rate for this term | 12.00% | 13.00% | 13.00% | No rate for this term |
| Monthly on ₱1,000,000, brand new | ₱86,757 | ₱59,140 | ₱45,800 | ₱32,267 | ₱25,483 | ₱21,494 |
Standard rates. Annual effective rates, personal use.
BDO vs other banks
On the same ₱1,000,000 brand new car loan over 60 months, BDO costs ₱21,494 a month: ₱527 more than UnionBank, the lowest.
BankMore a month than the lowestMonthly
BDO Auto Loan: features
- Down payment below 20%
- Subject to special approval (brand new)
- Down payment, pre-owned
- 30% for personal use, 40% for business use
- Loan term, pre-owned
- Up to 4 years for personal use, 2 years for business use
- Pre-owned car age
- Year model no older than 6 years when the loan matures
- Reimbursement
- Brand-new cars can be reimbursed if under 1 month from dealer delivery and under 2,500 km
- Electric and hybrid vehicles
- Lower rates for new electric and hybrid vehicles
- Financing fees and insurance
- Loan fees and the first-year motor insurance premium can be added to the loan
- OFW families
- Kabayan Auto Loan covers brand-new, pre-owned, hybrid and electric vehicles
Who can get a BDO car loan
BDO's rules differ by how you earn. Pick yours.
- At least 21 years old and no older than 70 at the end of the loan term
- Filipino citizen or foreign national
- Minimum gross family income of ₱50,000 a month or its US dollar equivalent
- At least 2 years with your current employer
- At least 2 consecutive profitable years in business
- 2 to 3 years of consecutive employment abroad
BDO car loan requirements
Tick each document as you gather it, then print the list for your branch visit.
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How to apply for a BDO car loan
- Check the requirements and prepare your documents
- Submit the application form and documents online or at any BDO Loans Center
BDO car loan fees and terms
What BDO charges beyond interest, and the rules after you sign. Your disclosure statement lists the full amount.
- Documentary stamp tax
- ₱1.50 for every ₱200 of the loan amount
- Notarial fee
- ₱500 per document
- Release of mortgage
- ₱500
- LTO encumbrance
- ₱380
- Processing fee
- Varies with the location of the borrower's address
- PPSR account
- You must create an account at ppsr.lra.gov.ph before the loan is released
- Insurance
- Comprehensive motor insurance is required after approval; CTPL costs about ₱700 a year
- Payment method
- Equal monthly installments by auto-debit from an enrolled BDO account
- Payment history and balance certificate
- ₱200 for payment history; ₱100 for a certificate of outstanding balance
- Collateral safekeeping
- ₱500 per account if unclaimed after 1 month, plus ₱500 every 6 months
BDO car loan promos
- Online Exclusive Offer
Lower rates for auto loans applied for online, on the website or through branch-assisted online applications.
BDO car loan hotline and contact
- Contact center
- (+632) 8888-0000
- Outside Metro Manila (PLDT or Globelines)
- #8888-0000
- International toll-free
- +800-8-CALLBDO
- callcenter@bdo.com.ph
BDO car loan questions
What is the BDO car loan interest rate?
BDO's brand new car loan rates run from 7.50% to 10.50% a year on the balance you owe. On ₱1,000,000 over 60 months that is ₱21,494 a month.
How much is the down payment for a BDO car loan?
20% for personal use, 30% for business use.
How long is BDO car loan approval?
Within 24 hours, once your documents are complete.
What are the requirements for a BDO car loan?
Completely filled-out application form; Photocopy of one valid ID matching the application, such as driver's license, passport, TIN ID, SSS ID or GSIS eCard.
How long does BDO approve a car loan?
BDO states an approval decision within 24 hours of a complete application, though full loan release can take longer once documents and insurance are processed.
What are BDO car loan interest rates?
BDO's rates are annual effective rates, not add-on: 7.5% at 12 months up to 10.5% at 60 months for brand-new cars, and 12% to 13% for pre-owned cars over 24 to 48 months.
What are the requirements to get a loan from BDO?
You must be 21 to 70 years old at the end of the loan term, a Filipino citizen or foreign national, with a minimum gross family income of ₱50,000 a month. Employed applicants need at least 2 years with their current employer, self-employed applicants need 2 consecutive profitable years, and OFWs need 2 to 3 years of continuous employment abroad.
Can I loan 200k in BDO?
Yes. BDO's minimum auto loan is ₱100,000, so a ₱200,000 loan qualifies. With the standard 20% down payment on a brand-new personal-use car, that puts the vehicle price at roughly ₱250,000 or more.
How can I check my car loan status?
BDO does not state a self-service online status tracker on its auto loan pages; call the contact center at (+632) 8888-0000 or email callcenter@bdo.com.ph for status and balance questions.
Compare before you apply
Answer 5 questions to see the three car loans that fit you best, or check the requirements at every bank.
