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Promo Mechanics:
The BDO Auto Loan Branch Promo ("Promotion") applies to all brand new car buyers who will apply for an Auto Loan at any BDO Branch from August 1 to 31, 2020 ("Promo Period") this promo will also be made available Online via the BDO Auto Loan website www.bdo.com.ph/AutoLoanPromo.
The Auto Loan application should be subsequently approved and booked no later than October 30, 2020 (“Promo Availment Period”).
To qualify for the Promotion, the following conditions must be met:
The BDO Auto Loan application is for a brand new car and for personal use only
Loan Term should at least be 36 months
Loan Amount availed should at least be P600,000
Qualified clients under the promotion has the option to choose Free Gas OR Rebate up to P20,000. Amount of Free Gas OR Rebate will depend on the loan amount.
Loan Amount Range
Amount of FREE GAS or REBATE
P600,000
P999,999
P 3,000
P1,000,000
P1,499,999
P 6,000
P1,500,000
P1,999,999
P 9,000
P2,000,000
P2,999,999
P 15,000
P3,000,000 and above
P 20,000
If Client opted for Free Gas
The client shall claim the Free Gas card/s through his/her Account Officer no later than 60 days upon booking of the loan or until December 31, 2020. Unclaimed gas card/s after the given deadline shall be forfeited in favor of BDO with prior approval from DTI.
Requirements in claiming gas card/s
If client will personally claim the gas card/s – he/she must provide:
a valid ID (Company, GSIS, TIN, Passport, Driver’s License)
photocopy of the valid ID
Client will then sign a receiving copy for the Free Gas card/s received.
If a representative will claim the gas card/s on the client’s behalf – the representative must provide the following:
Original Letter of Authorization signed by the client
Photocopy of client’s valid ID
Representative’s valid ID and its photocopy
The representative shall likewise sign a receiving copy for the Free Gas card/s received.
If Client opted for Rebate
The corresponding amount of rebate shall be applied as a reduction to loan-related fees that client will be paying upon availment of the loan. Client’s handling Account Officer will discuss the total amount deducted from the loan-related fees.
General
All applications qualified for the Promotion will undergo standard evaluation and approval process of BDO, subject to completion of required loan documents.
Employees of BDO and its subsidiaries and their relatives up to the second degree of consanguinity are not qualified for the promotion.
The offer cannot be availed in conjunction with other BDO Auto Loan promotions and/or offers.
In case of dispute, BDO’s decision shall be final in concurrence with DTI. These terms and conditions are subject to any relevant law, government direction, and regulation. The promotion will be void where prohibited or restricted by law or government regulations.
