In short
A bank car loan with a confirmed rate on ₱1,000,000 over 60 months starts at ₱20,967 a month at UnionBank. That bank is one of 8 banks confirmed on this site.
- Sterling Bank auto loan terms
- Not confirmed on its own site
- Sterling Bank repossessed cars listing
- Not confirmed on its own site
- Sterling Bank BSP licence status
- Check the BSP's bank directory
Is there a Sterling Bank of Asia car loan?
Sterling Bank of Asia's personal loans, auto loan and online application pages are not confirmed as current. Neither is its listing in the Bangko Sentral ng Pilipinas bank directory, which shows every licensed bank.
So this page gives no Sterling rate, term, down payment, income rule, document list or fee: each would have to come from the bank itself.
A second, almost equally common search on this topic asks about Sterling Bank's repossessed cars for sale in 2026. Its listing is not confirmed either, so nothing is stated about it here, positive or negative.
If you specifically need Sterling Bank of Asia
The reliable next step is to ask the bank directly rather than trust a rate you may have seen elsewhere.
Call the bank or visit a branch, and ask specifically about both its ULTIMA Auto Loan and its repossessed vehicle listings. sterlingbankasia.com answers neither question.
3 of 3 still to check
A car loan with a confirmed rate today
While Sterling Bank's own terms stay unconfirmed, several other banks carry a current car loan you can compare right now. Security Bank and EastWest both carry brand-new and used-car rate tables.
The car loan calculator lines up all 8 banks for the same loan amount and term. On a ₱1,000,000 loan over 60 months, EastWest's add-on rate runs 30.24%, working out to ₱21,707 a month.
Add-on rates at the 7 banks that quote one currently span 25.80% to 32.52%.
Repossessed vehicles are typically sold as-is through a bank's own asset disposal channel, separate from its auto loan. Confirm both the vehicle's condition and any financing terms directly with the seller before paying anything.