Motorcycle Loan
M.Lhuillier is a regulated privately-owned Philippine company, supervised by the Bangko Sentral ng Pilipinas (BSP).
Requirements
1. Customer's motorcycle with standard plate number
2. Vehicle keys
3. Original official receipt (OR) & original certificate of registration (CR)
1. Two valid IDs
Terms & Conditions
1. The vehicle should be registered in the name of the customer
2. The original OR should be updated and CR cannot not be marked ENCUMBERED; the vehicle should be free from all liens and encumbrances
3. The vehicle must be in good condition, with no extensive body, engine, or transmission damage, & perfectly roadworthy.
4. The odometer reading must not be over 80,000kms.
5. O.R. should not be expired during the duration of the loan.
6. Term of Loan can be set from 12mos. to 36mos.
7. Interest rates range from 1.5%/mo. to 1.8%/mo. (18.00%-21.60% APR), depending on unit condition & stability of income.
8. Acceptable motorcycle units must be less then two (2) years old, and must be built by Honda, Kawasaki, Yahama, or Suzuki
Payments
1. Online via the ML Wallet App or at mlhuillier.com
2. Over-the-counter at any ML Branch Nationwide