Sangla ORCR Mechanics
Mechanics
1. Eligibility:
- To qualify for the Sangla ORCR loans promo, participants must initiate their inquiry exclusively through the Carmudi or Carbay Philippines platforms. Customers are eligible for vouchers worth 1% of the loan amount if they inquire directly through Carmudi and successfully complete the loan disbursal process with one of Carmudi’s partner banks or financiers. Please note that any direct approvals from the bank, or duplicate inquiries made to both Carmudi and the partner bank, will not qualify for the voucher offer.
2. Submission of Details:
Participants must submit the required details through the campaign on Meta (Facebook/Instagram) or Google ads.
Required details include:
Full Name
Mobile Number
Complete Address
Official Receipt and Certificate of Registration (ORCR)
Valid IDs
Proof of income
Any other documents required
3. Verification Process:
The Carmudi team will be actively involved throughout the entire process, starting from assessing customer intent and obtaining their approval, to collecting the required information and documents. These documents will be submitted to the partner bank for verification, inspection, and loan approval.
Carmudi will oversee each stage, including customer communication, document handling, and coordination with the partner bank, ensuring a seamless process up to the loan disbursement. Eligibility for the voucher offer is contingent upon Carmudi’s verification of each successful disbursement. Only loans disbursed through Carmudi’s facilitation will qualify for the 1% worth vouchers of loan value. Any disbursement made directly by the bank without Carmudi’s involvement will not be eligible.
4. Voucher Issuance:
- Each successful Sangla ORCR loan disbursal processed through Carmudi will qualify the customer for a voucher valued at 1% of the loan amount. Rebate will be in the form of Shopee vouchers.
5. Notification and Delivery:
- Qualified customers will receive their vouchers via electronic delivery methods (e.g., email, viber or SMS) within 2 weeks after loan disbursal. The vouchers will be processed only after successful loan disbursal, ensuring compliance with campaign terms.
6. Voucher Regulations:
- Voucher types, denominations, and distribution will be approved and aligned with DTI regulations to ensure full compliance.
7. Exclusions:
- Employees of Carmudi, Carbay Philippines are disqualified from participating in this promo.
Terms and Conditions:
1. Promo Period:
- Customers who inquire through Carmudi platforms between October 16th to December 31, 2024, will be eligible for the 1% voucher offer only if their loan is successfully disbursed through the Carmudi process.
2. Finality of Decisions:
- All decisions made by Carmudi and Carbay Philippines regarding this promo, including eligibility and voucher issuance, are final and binding on all eligible customers, with the prior concurrence of the DTI.
3. Disclosure and Consent:
- By participating, customers consent to Carmudi and Carbay Philippines disclosing their names, photos, and other details as deemed necessary for marketing and promotional activities.
- Participants agree that their personal information may be shared with partner banks or financiers for processing and further marketing activities.
4. Regulatory Compliance:
- The promo complies with all applicable rules and regulations, and relevant approvals will be secured from the DTI prior to the campaign launch.
Per DTI Fair Trade Permit No. FTEB - ____ series of 2024.
