BPI Launches 5-6-7 Motor-Sulit Promo to Empower Filipino Riders with Affordable Motorcycle Loans

The Bank of the Philippine Islands (BPI) is taking steps to make motorcycle ownership more accessible to Filipinos with its BPI Motorcycle Loans, including the newly launched 5-6-7 Motor-Sulit Promo. As motorcycles have become an essential mode of transport for many due to their fuel efficiency and ability to navigate traffic, BPI aims to provide affordable and flexible financing solutions that cater to the growing demand. This initiative aligns with the bank’s commitment to supporting Filipinos’ mobility and livelihood needs.

Motorcycles play a significant role in the daily lives of many Filipinos, especially those in ride-hailing services, e-commerce, and the food delivery industry. These two-wheelers offer both economic opportunities and improved transportation, making them a vital asset for a wide range of workers. According to Dexter Lloyd Cuajotor, Head of Retail Lending and Bancassurance at BPI, the BPI 5-6-7 Motor-Sulit Promo aims to empower individuals by making motorcycle ownership more attainable, enhancing their quality of life and opening up new possibilities.

The BPI 5-6-7 Motor-Sulit Promo offers attractive discounts on monthly amortizations for various loan terms. Borrowers can avail of a Php 500 discount for a 12-month loan term, Php 600 for a 24-month loan term, and Php 700 for a 36-month loan term. With a minimum loan amount of Php 65,000, the promo applies to brand new motorcycle purchases from Premiumbikes and Summit Superbikes dealerships across the country, offering flexible payment options to suit different financial needs.

This promotional offer runs until December 31, 2024, and is open to regular motorcycle loan applications made online, at BPI branches, partner stores, or Premiumbikes/Summit Superbikes dealerships. Qualified applications submitted within the promo period and booked on or before January 31, 2025, will enjoy the benefits of the BPI 5-6-7 Motor-Sulit Promo, making it easier for more Filipinos to purchase their own motorcycles.

BPI’s initiative comes at a time when motorcycle ownership is expected to rise across Southeast Asia. The Motorcycle Development Program Participants Association (MDPPA) forecasts a 2% increase in sales based on 2023 market performance in ASEAN. With the 5-6-7 Motor-Sulit Promo, BPI aims to increase its share of the motorcycle loan market, supporting greater mobility and economic empowerment for Filipinos.

To know more about the BPI 5-6-7 Motor-Sulit Promo, please visithttps://www.bpi.com.ph/personal/rewards-and-promotions/promos/motor-sulit-promo.