Asialink OR/CR Sangla Loan
Are you in need of a loan? If you are a vehicle owner, then an Asialink OR/CR Sangla Loan is right for you! Get the money you need by submitting your Official Receipt (OR) and Certificate of Registration (CR) to Asialink. No need to surrender your car, just your OR/CR for safekeeping. Apply today!
- Interest rate: As low as 1.25% per month
- Loan term: Up to 36 months
- Get your loan in as fast as 24 hours!
What is Asialink OR/CR Sangla?
Asialink OR/CR Sangla Loan is a collateral loan ideal for Filipino vehicle owners who need quick cash. This car collateral loan works by submitting your Official Receipt (OR) and Certificate of Registration (CR) to borrow money. Asialink will safekeep your car or truck’s OR/CR until you have fully repaid the loan.
You can use an Asialink car collateral loan for several purposes such as paying for hospital bills, tuition, and even for a home renovation. Here’s why you should consider it:
Fast Loan Processing
Submit all requirements and get approved in 24 hours
Fewer Requirements
Just five documents to submit! See them below.
Convenient Payment Options
Pay your loan via check, GCash, PayMaya, or partner payment centers.
Asialink OR/CR Sangla Loan Rates and Fees
Below is a breakdown of Asialink car collateral loan rates and fees for car and truck mortgage.
| Loan Product | Interest Rate | Processing Fee | Terms (in months) | Maxium Approval (vs FMV) |
|---|---|---|---|---|
| Cars made in 2010 to present | 1.25% | 4.00% | 12 to 36 | 75% |
| Cars made in 2005 to 2009 | 1.50% | 4.00% | 12 to 36 | 70% |
| Trucks (all year models) | 1.30% | 4.00% | 12 to 36 | 70% |
Who Can Apply?
Make sure you are qualified before applying for an Asialink OR/CR sangla loan.
- A Filipino citizen
- A vehicle owner
- Has a documented source of income
Take note of these guidelines and qualifications before you apply for an Asialink car collateral loan.
- Car or truck must be owned by the agent user and is not encumbered.
- For car mortgage, acceptable year model is from 2005 only. All brands are qualified.
- For truck mortgage, any brand and year model is accepted.
What are the Requirements?
- Two (2) primary IDs
- Proof of billing (copy of latest water or electric bill)
- Copy of OR/CR (Official Receipt and Certificate of Registration)
- Proof of TIN
- Documented proof of income
For proof of income:
- If employed – Certificate of Employment, Company ID, latest 3 months payslips and payroll bank account statement
- If self-employed with business (proprietor) – Mayor’s Permit, DTI registration, 3 months bank statement
Learn More About Loans in the Philippines
Read more about getting a loan in the Philippines. Check out our articles below.
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