Motorcycle ownership in the Philippines has seen significant growth, driven by the rise of ride-hailing services, e-commerce, and the food delivery industry. Motorcycles offer advantages, such as ease in navigating traffic and fuel efficiency.
The Bank of the Philippine Islands committed to make mobility and motorcycle ownership more accessible to Filipinos by offering various BPI motorcycle loans that provide affordable and flexible financing, including its BPI 5-6-7 Motor-Sulit Promo.
“Motorcycles have profoundly impacted the lives of many Filipinos, providing essential livelihoods and improving daily commutes. For many, owning a motorcycle is a lifeline, offering freedom and economic opportunity. The BPI 5-6-7 Motor-Sulit Promo makes this dream attainable by providing accessible and affordable financing, and empowering individuals to enhance their quality of life and unlock new possibilities,” said Dexter Lloyd Cuajotor, the head of Retail Lending and Bancassurance at BPI.
The new BPI 5-6-7 Motor-Sulit Promo offers a P500 discount on monthly amortization for a 12-month loan term, P600 for a 24-month loan term, and P700 for a 36-month loan term. With a minimum loan amount of P65,000, the promo is available for brand new motorcycle units from Premiumbikes/Summit Superbikes dealerships nationwide, with flexible payment terms of 12, 24, and 36 months. The promo runs up to December 31, 2024 for regular motorcycle loan applications made online, at BPI branches or partner stores, or through Premiumbikes/Summit Superbikes dealers. Applications received within the promo period and booked on or before January 31, 2025 will qualify.