Friday, March 20, 2020

MMPC Extends Auto Loan Deadline by Up to 60 Days


Taking Toyota Motor Philippines’s lead in deferring auto loan payments by 30 days, Mitsubishi Motors Philippines has now done the same due to the COVID-19 Enhanced Community Quarantine imposed on the entire area of Luzon.

In an announcement done on social media, MMPC says it has worked with the following bank partners to extend auto loan payment deadlines by 30 days for qualified customers:
  • EastWest Bank
  • Security Bank
  • PS Bank
  • Maybank
  • RCBC
  • China Bank Savings
  • Robinsons Bank
  • Sterling Bank of Asia
  • Metrobank
Meanwhile, for those with auto loans with BDO, they will get a 60-day extension.

MMPC says auto loan clients should contact their respective bank’s hotline for more information.

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