Promo Mechanics

Promo Period and Offer:

1. The 2025 Goals Made Real Promo (“Promo”) is open to all qualified clients who will submit complete Car Loan application documents from February 10, 2025 to May 30, 2025 (“Promo Period”).

2. To qualify for the promo, the Car Loan application must be approved and subsequently booked¹ on or before July 31, 2025 (“Car Loan Booking Period”).

   ¹A Car Loan application shall be considered “booked” upon (1) submission of complete documents required from the Dealer; and if applicable, (2) registration of Security Interest in the Registry and submission of Certificate of Registration encumbered in favor of the Bank as stated in the Notice of Approval conditions.

3. Qualified clients shall enjoy the following offers:

   a. Waived Fees of up to PHP 60,000.00;
   b. Low interest rate;
   c. Free 1st year AXA Car Insurance; and
   d. Pre-qualification for a Metrobank Toyota Mastercard credit card.

4. Eligibility criteria are as follows:

   • Application is for purchase or reimbursement of brand-new vehicles for private use only;
   • Loan term should be at least 36 months;
   • Loan amount should be at least PHP 500,000.00; and
   • Mode of payment is strictly via Automatic Debit Arrangement (ADA). Client should have an existing, or must open a savings or current account with any Metrobank Branch.

   Waived Fees

5. Waived fees up to PHP 60,000.00 are limited only to: (1) Chattel Mortgage Registration Fee; (2) Documentary Stamp Tax (DST); and (3) Notarial Fee. The maximum amount of fee waiver will depend on the loan amount and the actual cost of aforementioned inclusions, which waived fees shall not exceed as follows:

   Loan Amount	Maximum Fee Waiver Amount*
   PHP 500K to < PHP 1.5M	PHP 10,000.00
   PHP 1.5M to < PHP 2.5M	PHP 20,000.00
   PHP 2.5M to < PHP 3.5M	PHP 30,000.00
   PHP 3.5M to < PHP 4.5M	PHP 40,000.00
   PHP 4.5M to < PHP 5.5M	PHP 50,000.00
   PHP 5.5M and up	PHP 60,000.00

   *Fee waiver is applicable on a per unit basis.

   The waiver of bank fees shall be applied in the following order of priority:

   1st – Security Interest Registration Fees
   2nd – Documentary Stamp Tax (DST)
   3rd – Notarial Fee

6. Fees beyond the cap or those not included above (such as, but not limited to handling fee) are not covered by the waived fees offer and shall be shouldered by the client.

   Low Interest Rate

7. Applicable interest rates for 36 to 60-month terms shall be as follows:

   Term in Months	In Arrears (p.a)	One Month Advance (p.a)
   36	9.44%	8.93%
   48	9.27%	8.89%
   60	8.93%	8.62%

   *Nominal Rates may vary depending on dealer fees.

   Free 1st year Car Insurance

8. Accounts booked under the promo will be eligible for a free car insurance from AXA Philippines (AXA) for the first year of the loan.

9. The free AXA Car Insurance provides coverage for physical damage or theft, Third Party liabilities, personal accident, and Acts of Nature.

10. Clients availing the free 1st year insurance are required to avail of AXA’s annual lock-in payment option for the entire term of the loan.

11. Car insurance application is subject to the approval of AXA.

    Pre-Qualification² for Credit Card Offer

12. Only individual loan borrowers may pre-qualify for a credit card.

13. Either the principal loan borrower or the co-borrower may pre-qualify for a credit card, as principal credit card holder. In case either the principal borrower or co-borrower qualifies as principal credit card holder, the other loan borrower may however apply as supplementary credit card holder.

    ²Pre-qualification means that client has met the basic eligibility requirements. Issuance of credit card is still subject to review and approval of Metrobank.

    Promo Lock-in Conditions

14. The loan availed under this promo is subject to a lock-in period equivalent to the entire term of the loan.

15. During the lock-in period, the client:

    a. Shall not request for amendment of the originally approved interest rate, loan term, and other terms and conditions;
    b. Shall pay the loan amortizations on time and maintain the account in current status throughout the entire loan term; and
    c. Shall not sell, mortgage, dispose, or convert to public utility the vehicle mortgaged while the loan is outstanding.

16. Client availing the free insurance offer shall renew their AXA Car Insurance coverage for the entire duration of the loan through the annual lock-in payment option.

17. In case any of the above conditions are violated, within the term of the loan lock-in period, Metrobank will charge back to the client the total fees previously waived by the Bank, which are limited only to: (1) Chattel Mortgage Registration Fee; (2) Documentary Stamp Tax (DST) (3) Notarial Fee; and (4) 1st year Car Insurance previously waived by the Bank. Additionally, the promo interest rate will be forfeited, and regular interest rate shall apply. If client/co-borrower was approved of a Toyota Mastercard credit card,the use of the same will continue to be under the provisions of Metrobank Credit Cards Terms and Conditions.

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