Promo Mechanics

The Alpha GMM offer (the Promo) is open to customers who will apply for and avail of the RCBC Loans from March 10, 2023 to June 30, 2023 (the ”Promo Period”).

Applications must be submitted within the Promo Period, even if subsequently approved and availed of thereafter but in no case later than September 30, 2023 (the “Availment Period”).


To qualify for the Promo, loan applications should be submitted within the Promo Period and should have been approved and availed of within the Availment Period,  and must meet the following conditions:

  • Attendees of Alpha GMM event.
  • Must be new or existing RCBC depositor within the Promo Period

Auto Loan 

  1. Loan purpose must be purchase of brand new private and personal vehicles only
  2. Minimum loan amount must be Php 500,000
  3. Loan term is from 36 to 60 months
  4. The required down payment for a unit shall be as low as twenty percent (20%) of the unit suggested retail price (SRP), as quoted by the dealer.
  5. Applicable special add-on interest rates shall be as follows:

          5.1 Regular Auto Loan
















    5.2 Auto Loan Plus









Auto Loan Plus customers shall be entitled to a free 1 year worth of motor vehicle insurance for the loan term. All subsequent insurance renewals for the remaining loan term shall be for the account of the Customer and must be secured and “locked-in” with Malayan Insurance Company Inc. (MICO).

6. Dealer-provided discount on units, if any, shall be applied to either:

    • Down payment
    • Unit suggested retail price (SRP)

               *Provided net downpayment should still be at least 20% of SRP.


Home Loan

1. Applicable to home loan with purpose of acquisition only. (Construction and acquisition with construction shall not be allowed.)

2. Minimum loan amount shall be Php1,500,000.00

3. Minimum loan term of 5 years.

4. Add-on rates

Fixing Period

Interest Rate



2-3 years


4-5 years


5. Qualified customers will be entitled up to Php 20,000 Bank Processing Fee Waiver. Waived fees are applicable to application fee, Appraisal fee, Handling fee and Bank Processing fees only.

    • Fees other than the ones stated above shall be shouldered by the Customer.
    • Waived fees shall be in the form of reimbursement to the Customer’s RCBC deposit savings account.

6. The loan shall be subject to a lock-in period of 5 years (60 months) from the booking date of the loan wherein:

    • The loan shall not be partially paid, pre-terminated, and/or fully paid; and
    • Any request for rate reduction within the 60-month lock-in period will be automatically declined.
    • Any request to amend the terms and conditions of the loan shall not be accommodated.

7. Non-starter and poor starter accounts i.e. Customers who fail to pay the first monthly amortization and/or are past due for at least 3 consecutive months in the first 12 months or as of reference date, shall be required to settle the waived fees and corresponding collection fees.

8. In case of violation of any of the above conditions, customer shall be billed in full the corresponding waived bank charges applied at the time of offer

General Provisions

  1. All loan applications qualified under the Promo shall be processed under the standard evaluation and approval process of RCBC, subject to relevant terms and conditions as well as RCBC’s policies and procedures.
  2. New RCBC deposit account holders are eligible to qualify as long as they have an active deposit account within the promo period.
  3. This Promo is not valid in conjunction with other promotions carried out by RCBC.
  4. RCBC, its subsidiaries, affiliates, the advertising agencies and print suppliers, including their respective Board of Directors and Advisory Board Members, officers, and employees.
  5. Qualified clients authorize RCBC to disclose and publish their names, photos and other particulars as determined by RCBC to any person/s and in any mode or manner, as RCBC may deem appropriate in relation to this Promo. RCBC shall not be liable for violation of customer data privacy and/or bank secrecy law as a result of said disclosure or publication.


Terms and conditions apply.