Exclusive Auto Loan Promo

Promo Mechanics:

1. The BDO Auto Loan Reloan Promo (“Promotion”) is applicable to select pre-identifed clients, who will be receiving an email and SMS that they can avail of the promotion.

2. Select clients can get the following promo offers if they apply for their next BDO Auto Loan from June 24 to August 30, 2019 (“Promo Period”.)

   1. Free Gas OR Reduction of Loan Related Expenses AND

   2. Free 1st Year Motor Insurance

Their Auto Loan application should be subsequently approved and booked no later than October 30, 2019 (“Promo Availment Period”).

3. To qualify for the Promotion, the following conditions must be met:

   1. The BDO Auto Loan application is for a brand new car and for personal use only.

   2. Loan Term should at least be 36 months.

   3. Loan Amount should at least be P600,000.

   4. Client should apply online via the provided link bit.ly/AutoLoanExclusive which is sent to select clients via SMS and Email.

Freebies

4. The following promo offers are available to qualified borrowers:

   1. Free Gas cards OR Reduction of loan related fees equivalent to 1% of the availed loan amount.

Free Gas Cards

• Free Gas Cards should be in denomination of P1,000

• Amount of gas cards received will be rounded down to the nearest thousand
  e.g loan amount of P680,000, gas cards to be issued is at P6,000

Reduction of Loan Related Fees

• Not applicable to Borrowers availing of All-In Financing

2. Free 1st Year Motor Insurance

• As a condition for choosing this offer, Borrower should renew his/her motor insurance for two (2) succeeding years after the expiration of his/her free motor vehicle insurance through BDO Insurance  Brokers, Inc (BDOI).

For Free Gas

5. The client shall claim the Free Gas card/s through his/her Account Officer no later than 60 days after the Promo Availment Period. Unclaimed gas card/s after the given deadline shall be forfeited in favor of BDO with prior approval from DTI.

6. Requirements in claiming gas card/s

   1. 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.

   2. 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.  

For Free First Year Motor Insurance

7. A condition for the availment of the Free First Year Motor Insurance Premium is that the Client shall renew the insurance coverage for the succeeding two (2) years through BDO Insurance Brokers, Inc (BDOI).  The Client should also agree to issue two (2) postdated checks payable to BDO Insurance Brokers, Inc (BDOI) as payment of the premiums for Year 2 and Year 3 insurance renewal.

General

8. All applications qualified for the Promotion will undergo standard evaluation and approval process of BDO, subject to completion of required loan documents.

9. Employees of BDO and its subsidiaries and their relatives up to the second degree of consanguinity are not qualified for the promotion.

10. The offer cannot be availed in conjunction with other BDO Auto Loan promotions and/or offers.

11. 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.

DTI FTEB Permit No. 11759, Series of 2019.