The Bank of the Philippine Islands (BPI) is expanding access to motorcycle ownership through its new BPI 5-6-7 Motor-Sulit Promo. The initiative offers affordable and flexible financing options, including discounts on monthly payments based on loan terms. Specifically, customers can enjoy a P500 discount for a 12-month loan, P600 for 24 months, and P700 for 36 months.
“Motorcycles have profoundly impacted the lives of many Filipinos, offering freedom, livelihood, and improved commutes. The BPI 5-6-7 Motor-Sulit Promo aims to make motorcycle ownership more accessible, empowering individuals to improve their quality of life and unlock new opportunities,” said Dexter Lloyd Cuajotor, head of retail lending and bancassurance at BPI.
The promo is available for brand new motorcycles purchased from Premiumbikes/Summit Superbikes dealerships nationwide, with flexible terms and a minimum loan amount of P65,000. Applications are open online, at BPI branches, and through partner dealers until 31 December 2024.
BPI’s latest move aligns with broader regional trends. A report from SEAsia Stats predicts that motorcycle ownership in Southeast Asia will continue to grow, with a projected 2 percent increase in sales by the end of 2024. By offering accessible financing options, BPI aims to boost its share in the growing motorcycle loan market and support greater mobility for Filipinos.
