In cooperation with Bank of the Philippines Islands, the Step Up Pay Plan offers a flexible payment scheme where monthly amortizations start low and grow along during the latter years.

To further ease the transition into vehicle ownership, the program also offers a comprehensive all-in package financing scheme for 15 and 20 percent down payment options on 60-month terms. And to significantly cut down upfront costs for buyers, BPI will also cover the Personal Property Security Act (PPSA) Service Fees and Insurance for up to P 50,000 each.

The Step Up Pay Plan is applicable to the following models:

• 2025 Honda City – 1.5 S, 1.5 V
• 2026 Honda City – 1.5 S, 1.5 V, 1.5 S Pearl Edition
• 2026 Honda City Hatchback – 1.5 RS, 1.5 RS Pearl Edition
• 2025 Honda BR-V – 1.5 VX
• 2026 Honda BR-V – 1.5 S, 1.5 V, 1.5 VX
• 2026 Honda HR-V – 1.5 S, 1.5 V

With the Step Up Pay Plan, a sample monthly amortization schedule will look like this:

• 2026 City 1.5 S
• 1st Year – P 17,185
• 2nd Year – P 17,682
• 3rd Year – P 18,412
• 4th Year – P 19,445
• 5th Year – based on approved rate and outstanding balance
• 2026 City Hatchback 1.5 RS
• 1st Year – P 20,399
• 2nd Year – P 20,998
• 3rd Year – P 21,855
• 4th Year – P 23,081
• 5th Year – based on approved rate and outstanding balance
• 2026 BR-V 1.5 S
• 1st Year – P 19,884
• 2nd Year – P 20,458
• 3rd Year – P 21,303
• 4th Year – P 22,498
• 5th Year – based on approved rate and outstanding balance
• 2026 HR-V 1.5 S
• 1st Year – P 24,677
• 2nd Year – P 25,390
• 3rd Year – P 26,439
• 4th Year – P 27,921
• 5th Year – based on approved rate and outstanding balance

With the Step Up Pay Plan, HCPI and BPI reinforce their commitment to providing practical and market-responsive solutions, ensuring that owning a Honda remains a rewarding and seamless experience for Filipinos nationwide.