BPI introduces ‘5-6-7 Motor-Sulit Promo’

MANILA: Bank of the Philippine Islands (BPI) has recently launched financing promotions intended to those who are eyeing to buy motorcycles.

The banking institution announced that it is currently offering various BPI Motorcycle Loans in partnership with Premiumbikes Summit Superbikes as part of its commitment to making mobility motorcycle ownership more accessible to Filipinos.

One of the initiatives is called the “BPI 5-6-7 Motor-Sulit Promo”, which offers a P500-discount on monthly amortization for a 12-month loan term, P600 for a 24-month loan term, and P700 for a 36-month loan term.

With a minimum loan amount of P65,000, customers may avail brand-new motorcycle units from Premiumbikes or Summit Superbikes dealerships nationwide — with flexible payment terms for up to three years.

The promo shall be up until December 31, 2024 for regular motorcycle loan applications made online, at BPI branches or partner stores, or through Premiumbikes or Summit Superbikes dealers. Applications received within the promo period and booked on or before January 31 next year will still qualify.

“Motorcycles have profoundly impacted the lives of many Filipinos, providing essential livelihoods and improving daily commutes. For many, owning a motorcycle is a lifeline, offering freedom and economic opportunity. The BPI 5-6-7 Motor-Sulit Promo makes this dream attainable by providing accessible and affordable financing, and empowering individuals to enhance their quality of life and unlock new possibilities,” BPI Head of Retail Lending and Bancassurance Dexter Lloyd Cuajotor was quoted as saying.

In a statement the company said that it is eyeing to bolster the share of motorcycle loans in its total motoring portfolio.

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