Make sure the URL is correct. All Rights Reserved. Do I need to submit documents to avail of the one-time 60-day grace period? You won’t have to restrict yourself from owning your dream car as they don’t have limitations when it comes to car loan offer. Thus, if you availed of the grace period (whether Bayanihan 1 or 2), your loan will have a new end date (maturity date). It is either not existing, moved or deleted. The amount to be collected is equivalent only to 1-month amortization, which already includes the accrued interest, or a portion thereof, from the unpaid months. Yes, you are still allowed to avail of the one-time 60-day grace period as long as you meet the conditions stated above. Existing Auto Loan Accounts - ---------------------------------------------------------------------------------------------------------------------------------------------------------. Product & Services | Market Watcher | Careers | Security, Copyright 2015 BANK OF THE PHILIPPINE ISLANDS. AUTO LOAN; HOUSING LOAN; DEPOSIT PRODUCTS; OTHER PRODUCTS; Home; Product Information. 1. So as not to increase the amount of your regular monthly amortization, the monthly distribution of your loan principal and interest will be adjusted accordingly. For more information: For Housing Loan Accounts - (02) 889-10000, option 4-4-0. or E-Mail us through: New Housing Loan Applications - To know more about interest accrual, please watch our instructional video here. The example below illustrates the impact of the 60-day grace period to your loan: 2)The duration of your loan shall be extended corresponding to the number of months that your payment due dates had been suspended. Documentary Stamps Tax worth P1.50 for every P200 of loan amount will apply to loans … If your account remained unfunded or unpaid for due dates Sept. 15 to Oct. 5, we will only apply the 60-day grace period after we have received your request through the Bayanihan-2 Confirmation Form. Welcome to the BFSB Auto and Housing Loans Appointment Page! Or call our provincial business … Release of Collaterals for Fully Paid Auto Loans. The client gets the best deal in terms of price and discounts. Best viewed on Safari 8, Chrome 44, Google Android 5.1, Internet Explorer 11, Microsoft Edge, Mozilla Firefox 38.6, and Opera browser 30 or higher versions. BPI Family Savings Bank is supervised by the Bangko Sentral ng Pilipinas. 11469 otherwise known as the "Bayanihan to Heal as One Act"), you may view the details here. Incomplete information will cause a delay in processing. All Rights Reserved. not past due as of Sept. 15, 2020), with payment due dates falling from Sept. 15 to Dec. 31, 2020. Please review all the fields in the online form and please provide accurate information for … If you have availed of the 60-day grace period, deduction for MRI payments shall be suspended on the affected due dates, and shall automatically resume together with your loan amortization. For inquiries or concerns, you may visit any of our BPI and BPI Family Savings Bank branches nationwide, or contact us thru the following: Email at Call at 8891-0000 SMS at 0917-891000 Type: PL___