1. The 2024 Happy Holideals Promo (“Promo”) is open to all qualified clients who will submit complete Car Loan application documents from August 1, 2024 to October 31, 2024 (“Promo Period”).

2. To qualify for the promo, clients’ Car Loan applications must be approved and subsequently booked¹ on or before December 27, 2024 (“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 100,000;
   b. Low interest rate; and
   c. Pre-qualification to a Metrobank Toyota Mastercard.

4. Eligibility criteria are as follows:

• Application is for purchase or reimbursement of a brand-new car for private use only;
• Loan term should be at least 36 months; and
• Loan amount should be at least PHP 500,000.

Waived Fees

5. Waived fees up to PHP 100,000 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	Waived Fees*
PHP 500,000.00 to PHP 1,999,999.99	PHP 25,000
PHP 2,000,000.00 to PHP 3,999,999.99	PHP 50,000
PHP 4,000,000.00 and up	PHP 100,000

*Fee waiver is applicable on a per unit basis.

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

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

6. Fees beyond the cap or those outside of the aforementioned inclusions, such as, but not limited to handling fee, are ineligible for the waived fees offer and shall be shouldered by the client.

Low Interest Rates

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

Term in Months	In Arrears	One Month Advance (OMA)
36	9.18% p.a	8.70% p.a.
48	9.27% p.a.	8.89% p.a.
60	9.43% p.a.	9.11% p.a.

*Nominal Rates may vary depending on dealer fees.

Pre-Qualified² Credit Card Offer

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

9. Either the principal loan borrower or the co-borrower may pre-qualify for a credit card, 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:

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

11. 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.
    c. Shall not sell, mortgage, dispose, or convert to public utility the vehicle mortgaged while the loan is outstanding.

12. In case of violation of any of the above conditions regardless of the timing in relation to the term of the loan, Metrobank will charge back to the client the total Chattel Mortgage Registration Fee, Documentary Stamp Tax (DST), and Notarial Fee previously waived by the Bank.