Being of service to others is what brings

true happiness.

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servers-service

hosting and SSL

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smart domain search

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online marketing

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economic packets

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  • ATM Savings
    1.00% p.a.
    • Initial Deposit Req. P200
    • ATM Card
    • Monthly Interest Crediting
  • Public Teacher Loans
    0.805% monthly
    • Loans as high as P500,000
    • Term as long as 36 months
    • Affordable interest rate
  • Home Loan
    80-90% of Appraised Value
    • 1, 3, 5 and 10 years interest rate fixing options
    • Repayment terms up 25 years
    • Automatic Debit Arrangements

Managed Dedicated Servers.

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Search Domain

Domains only from 3.55/per year

frequently asked questions

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What are the modes of payment?

Payment can be made either the following:

  1. Issuance of Post-Dated Checks
    Check should be made payable to Sun Savings Bank, Inc.
  2. Automatic Debit Arrangement
    How:
    Open deposit account with the bank
    Sign an Automatic Debit Arrangement where your monthly installment and/or any amount due will be automatically deducted from your designated settlement account.
What are the minimum and maximum loan amounts? What are the terms?
 

Type

 

Required Down Payment

Age of the Car/Vehicle if pre-owned  

Interest Rate

 

Term of Loan

Brand New As low as 10%  

 

 

Prevailing market rate

1—5 years
Pre-owned As low as 20% Model Year should be at most 7 years old. Age of the vehicle should not more than 10 years old at the time of loan maturity. 1-3 years
Trucks (Brand New As low as 20% 1-5 years
What are the documents required?

Bank will require the following:

Fully filled-up Loan Application Form signed by applicant & spouse /or authorized signatories

Borrower’s Information Documents:

Individual

  1. For salaried Individual – Original pay slip of the last 3-6 months payroll and Employment Certificate
  2. For OFW: In lieu of ITR-Contract of employment and proof of remittances for the last 6 months
  3.  BIR stamped ITR for the last 3 years
  4. Bank statements for the last 6 months of all major depository banks
  5. Marriage Contract (if married)
  6. Two (2) Passport Size/2X2 current personal picture/s
  7. Photocopy of any government issued I.D. (applicant & spouse)
  8. Community Residence Certificate

Business

  1. DTI Certificate of Registration – for Sole Proprietorship
  2. SEC Registration & Articles of Incorporation/ Partnership & amendments
  3. By-Laws of Corporation/Partnership and Amendments, if any
  4. General Information Sheet, management credentials including brief background major stockholders and key officers
  5. Company Profile with ownership structure, manpower complement, product lines/services provided
  6. Audited Financial Statements for the last 3 years
  7. Interim Financial Statements for the current year
  8. List of Suppliers and Customers with contact persons and telephone numbers (at least 5)
  • Photocopy of Certificate of vehicle registration with LTO
  • LTO Official Receipts
  • Stencils of Chassis and engine
  • Dealer’s undertaking
  • Transaction history
  • Affidavit of Non-Taxi use
Am I eligible to get a car loan?

You must at least 21 years old and not more than 60 years old until the loan matures.  If borrower’s age is more than 60 years old at the time of application or at the time of loan maturity, the borrower must have a co-borrower either his son or daughter or nearest immediate member of the family.

The computed loan amortization should not exceed 70% of your net disposable income.

How to get a car loan?

Please visit to our accredited car dealers (attached list) for Brand New and Pre-owned cars to choose the best car for you.  Ask for Loan application form of the Sun Savings Bank. You may also visit our Main office at the Fuente Osmena Cebu City.

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