Loan amount : Php 500,000
Repayment period : Maximum of 5 years or 60 monthly installments
Interest rate : Four (4) % interest per annum on diminishing balance
Petrol : Actual expenses up to Php 4,500 per month
Maintenance : 50% of actual expenses for repairs and normal maintenance up to Php 12,000 for every 12-months or one year
Insurance : Actual cost of comprehensive insurance coverage up to Php 22,500 for every 12 months or one year
Car Registration : Actual expenses for registration up to Php 1,500 for every 12 months or one year
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