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What is Salmon Moto Loan?

Salmon Moto Loan lets eligible customers finance a motorcycle purchase with flexible payment terms, subject to our terms and conditions.

Moto Loan is primarily a pre-approved, offer-based loan. Some customers may receive a Moto Loan offer through the Salmon app or SMS. Customers can also apply through our Moto Marketplace or our Salmon partner stores.

 

How do I apply for Moto Loan?

 

You can apply for Moto Loan in three ways:

 

1. Through a Moto Loan offer

  • Receive a Moto Loan offer through SMS or in the Salmon app

  • Tap the offer to visit the Salmon web portal

  • Choose a motorcycle from the available listings

  • If you do not see a model you like, you may apply without choosing a motorcycle

  • Submit your application through the web portal

 

 

2. Online through Moto Marketplace

  • Select your preferred motorcycle model

  • Fill out the application form

  • Download the Salmon app to complete the process

  • This is available in Greater Manila and nearby provinces, including Laguna, Cavite, Rizal, Bulacan, Pampanga, and Batangas

 

 

3. Through a QR code at a partner store

  • Visit any Salmon partner store

  • Scan the QR code available at the store

  • Fill out the application form

  • Take note that you do not need a prior offer or an existing Salmon account to apply

 

 

After you submit your application, a Moto Loan manager will review it and contact you to confirm your details.

The manager will also agree with you on the date and location of your in-person meeting at a dealer center.

At the dealer center, you will meet the manager and inspect your chosen motorcycle. If there are no issues, your Moto Loan application will continue on the spot.

Once your application is approved, your motorcycle will be released.

When your loan is fully paid, the manager will contact you again to arrange the final meeting and deliver the spare set of keys and original documents.

 

 

What are the requirements for Moto Loan?

You need to submit the following:

1. Two valid IDs

Please check our list of accepted valid IDs first before submitting your application. 

 

 

2. Proof of income

Proof of income is recommended as it increases your chances of approval, but it is not mandatory. We accept all types of income including cash income.

 

 

If you are employed, you may submit one of these:

  • Latest payslip

  • Certificate of Employment

  • Income Tax Return (ITR)

 

If you are self-employed, you may submit one of these:

  • Latest audited financial statement

  • Business registration or permit

  • Bank statement

  • Other proofs of income, such as GCash or Maya statements

Moto Loan has a monthly interest rate of 3.9%

The minimum down payment depends if you are a new or existing Salmon customer:

1. For existing Salmon customers: 5%

2. For new customers: 10%

You can choose from these loan terms:

  • 12 months

  • 18 months

  • 24 months

  • 36 months

You may request a payment holiday for Moto Loan. Approval will depend on Salmon’s terms and conditions.

Salmon does not currently have any zero down payment offers, but some motorcycle installment plans may have lower down payment options. 

This depends on your eligibility, lender requirements, selected motorcycle, and customer profile.

As part of the standard credit investigation process, we may contact you by phone or schedule a home or workplace visit.

This helps us verify the information needed to review your Moto Loan application.

You can still apply even if you did not receive a Moto Loan offer.

 

There are two ways to apply:

1. Visit any Salmon partner store and scan the QR code. You do not need to have a prior offer.

2.  Apply online through our Moto Marketplace. This is available in Greater Manila and nearby provinces, including Laguna, Cavite, Rizal, Bulacan, Pampanga, and Batangas.

 

 

If you are an existing Salmon customer, we recommend checking the Salmon app first. You may already have a Moto Loan offer available.

If you received a Moto Loan offer, it should still be visible in the Salmon app even if the SMS was deleted. Please check the Salmon app for your Moto Loan offer.

You can choose from motorcycles by Honda, Yamaha, Kawasaki, Suzuki, Bajaj, and Lambretta, up to a loan amount of ₱200,000. You can also submit a custom request through the contact form. 

All available models are eligible for motorcycle financing in the Philippines, subject to standard approval conditions. 

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