autoloan all-in promo

Auto Loan All in Promo

Qualified Accounts

• Borrower must directly apply to any Robinsons Bank branch
• Dealer-generated accounts endorsed by the branch is NOT qualified for this promo.
• Term of loan – 36 to 60 months

General Features

• Minimum Down payment – 10% of the NET selling price
• Any discount must be deducted from the unit SRP
• Credit memo or discount to applied as part of the down payment is NOT acceptable).
• Approved loans will have Free Chattel Mortgage Free & one (1) year FREE comprehensive insurance.

Terms and Conditions

• Promo period is from August 1, 2019 to September 30, 2019
• Loan application must be received within the promo period and subsequently approved and booked.
• Mode of payment of monthly amortization should either be via ADA (automatic debit arrangement) OR post-dated checks (PDCs) using RBank check/account.
• Promo is for brand new passenger cars, SUVs, AUVs, and selected LCVs.
• Borrower will sign on automatic renewal agreement of insurance with the insurance provider (Peoples General Insurance Corporation).
• Borrower to issue post-dated checks (PDCs) for insurance premium for the second year onwards.
• Promo is non-transferable.
• ln case the borrower fails to comply or violates any of the terms and conditions of loan promo, the borrower shall pay the insurance provider the insurance premium for the 1st year coverage.
• Rates to used:

36 20.81%19.81%
48 27.22%26.14%

*All applications are subject to existing bank policies, terms and conditions.

Call or visit any of our branches nationwide Customer Care Center 637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273) •