You can now get your MV Agusta via the AUB Big Bike Loan program

Asia United Bank (AUB) is making big bike acquisition within reach of its customers with its latest terms for the Big Bikes Loan (BBL) program.

In a statement, AUB shared that it has dropped the interest rate to 0.54 percent per month from 0.64 percent in 2020, mirroring the downtrend in interest rates in the market. “This is currently among the lowest in the market,” the bank claimed.

Aside from that, AUB has added the MV Agusta to the list of brands that it has inked a partnership with. 

AUB also offers zero interest on  for 12- and 24-month loan program. This promo will run up to September 30 this year. Those who are eyeing to take advantage of the offer may check out the details on the AUB Big Bike Loan Facebook page.

As early as 2016, AUB has been offering loans on bikes with a minimum engine displacement of 400cc. The BBL program offers a loan amount of at least P200,000 and flexible loan payment terms of 12 to 36 months.

AUB Consumer Lending division head Leo Intalan shared that they saw upward trend on the number of applicants for motor vehicle loans. “We expect an increasing trend in new loan applicants with the easing of quarantine restrictions and the changing dynamics in urban mobility,” he said.

“While the pandemic has dampened consumer appetite in 2020, AUB has managed to book new loans at nearly the same level as in the previous year. For 2021, the bank is on track to beat its past year’s performance, as new loan bookings as of end-May were already more than double the year-ago levels,” Intalan added.

Photos from Asia United Bank

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