Terms and Conditions
- The program is open to EWB Good Repeat Clients with the following criteria:
- With existing EWB auto loan with less than 6 months remaining amortization.
- Borrower should have satisfactory handling.; current auto loan account should not be past due.
- Qualified EastWest Auto Loan clients are entitled to all of the following:
- As low as 0% Downpayment
- Low monthly payments, based on the special rates:
Term | Promo Rate |
36 months | 29.67% |
48 months | 37.37% |
60 months | 45.35% |
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- Free Chattel Mortgage Fee
- Program period is from September 15 to December 31, 2024. Promo extended until March 31, 2025. Approved by DTI-FTEB. Application must be received and subsequently approved within the promo period. Loan must be booked within 30 days from approval but not later than the maturity date of the existing loan.
- If the client opts to avail of the 0% DP, they will be required to sign a Letter of Conformity stating that the OR/CR of their current vehicle shall remain in the custody of the Bank until 15% of the amount financed of the new loan has been fully settled.
- The special rate applies to auto loan applications for brand new cars for private use only.
- The free chattel mortgage excludes out-of-town charges, which shall be shouldered by the client (as applicable).
- Auto Loan applications are subject to credit evaluation in accordance with existing credit policies and procedures of EWB.
- The promo offers are non-transferable, not convertible to cash and cannot be combined with other programs.
- All East West Banking Corporation employees and their relatives of up to the 2nd degree of consanguinity or affinity are not entitled to avail the program.
For inquiries and feedback, you may call EastWest’s 24-Hour Customer Service at (+632) 8888-1700 or email csloans@eastwestbanker.com .
EastWest is regulated by the Bangko Sentral ng Pilipinas. https://www.bsp.gov.ph
Per DTI-Fair Trade Permit #FTEB-202049, Series of 2024.