BPI Auto Loan offers up to five years of free car insurance

MobilityCarsBPI Auto Loan offers up to five years of free car insurance

The Dream More Deals program also includes waived fees, discounted interest rates, and potential savings of up to PHP480,000 through participating automotive brands.

Bank of the Philippine Islands is adding more ownership benefits to its Auto Loan offering through Dream More Deals, a program that gives eligible customers access to waived fees, discounted interest rates, and free car insurance.

Customers can receive waived fees of up to PHP50,000, discounted interest rates, and free one-year car insurance. For those who take out a five-year loan on select vehicle models, the insurance benefit can be extended to the full five-year term of the loan.

“Every car opens the door to new opportunities, milestones, and memories. At BPI, we are committed to making that journey more rewarding through benefits that deliver zero worries and bigger savings, helping our clients make the most of every mile and every peso throughout the life of their loan,” said Dex Cuajotor, head of retail lending and Bancassurance at BPI.

BPI Auto Loan Dream More Deals
Dex Cuajotor, head of retail lending and Bancassurance at BPI

Offers across 13 automotive brands

Customers who avail through BPI’s 13 automotive partner brands can access exclusive offers and benefits, including the five-year insurance offer on select brands and models.

Participating brands include BAIC, BYD, Chery, Ford, Foton, GAC, Hyundai, Jetour, Kia, MG, Mitsubishi, Radar, and Toyota. BPI says total potential savings can reach as much as PHP480,000, depending on the vehicle, financing package, and applicable offers.

Timed with rising interest in electrified vehicles

BPI is rolling out the offer as Filipino motorists increasingly consider hybrid and electric vehicles alongside conventional models.

Citing data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), BPI said hybrid and electric vehicle sales in the Philippines grew 136.4% from January to July 2026 compared with the same period in 2025. The bank presents this as a sign of changing consumer preferences toward more fuel-efficient mobility options.

Multiple ways to apply

Customers can apply for a BPI Auto Loan through participating dealer partners, the BPI website, BPI branches, May BPI Dito Partner Stores, or through the Virtual Store Loan Advisory Hotline at (+632) 8580 0282.

More information about current offers is available through the BPI Auto Loans page.

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