Tricab Prenda OR/CR
For as low as 3% interest.
Get access to quick cash using your tricab’s OR/CR.
Interest Rate
3% Interest rate for BaoBao Private and for hire
Loan Term
12 months to 24 months loan term
Accepted Brands
TVS King, Bajaj RE, Motorposh Pinoy Trike, Rusco, Rusi, and Skygo
Loan Specifics for TriCab Loan
Tricab Buyout or Take Out Details
| Accepted Brands: | BajajRE, TVS, Piaggio |
| Loanable Amount: | 70% evaluation of FMV |
| Payment Requirement: | 60% paid of loan amount |
| Interest Rate: | 3% |
| Processing Fee: | 6% loan amount (Add-on) |
| Loan Term | 12 – 24 months |
| Agents commission: | 5% of approved amount |
| Acceptable year model: | 2019 and up |
| Processing Time | 3 – 5 days |
Qualifications & Requirements
Standard Qualifications
- 21 – 59 Years Old (for 60-up need Co-borrower)
- Filipino Citizen
- With Contact Number
- With Documented Proof Of Income
Basic Requirements
- Original and updated OR/CR
- With At Least 2 Valid ID
- Spouse Valid Id (if married)
- Brgy. Clearance
- Proof Of Income
- Proof Of Billing
- Electric Bill or Water Bill
Proof Of Income
For Hire
- MTOP/Franchise
Employed
- Company ID or COE
- 2 months latest payslip
Business
- Barangay Business Permit
- Mayors Permit
Partner Rider
- Rider ID
- Transaction History
- Rider Profile
Remittances / Pension / Allotment
- 2 months latest remittance slip
- Bank Statement