OR/CR Sangla Loan in the Philippines: Fast Cash Without Car Impounding

April 10, 2022

At SLBrokerage Advertising Agency, one of our most popular loan products is the OR/CR Sangla Loan—also known as the “No Car Impounding” loan or “OR/CR as Collateral” loan. This loan is highly preferred by our clients because it gives them access to the cash they need while keeping their vehicle for personal or business use.

🚗 What Is an OR/CR Sangla Loan?

An OR/CR Sangla Loan allows you to use your car’s Official Receipt (OR) and Certificate of Registration (CR) as collateral. Unlike other car loans, your vehicle will not be impounded—you keep driving it while enjoying quick loan approval.

All you need to submit is the original OR/CR along with a few requirements, and you can get approved in just 1-2-3 easy steps!

📑 Loan Requirements

For Employed Applicants:

Latest 3 months payslip
Certificate of Employment (COE)
Recent Bank Statement

For Self-Employed Applicants:

Latest Bank Statement
Valid Business Documents

💰 Fees Involved

When you apply for an OR/CR Sangla Loan, you may be asked to settle:

Chattel Mortgage Fee
Processing Fee
Loan Redemption Insurance Fee

These can be paid upfront or deducted from your loan proceeds. Don’t worry—our team will explain all fees clearly before you sign the loan agreement.

📆 Loan Terms & Interest Rates

Loan terms range from 3 months up to 36 months.
Monthly interest starts at 1.25% for newer vehicles.
For cars over 10 years old, interest may go up to 1.75% per month.

💵 Payment Options

You can conveniently pay your monthly amortization through:

Cash
Bank Transfer
Accredited remittance centers such as MLhuillier or Cebuana Lhuillier

✅ Why Choose SLBrokerage Advertising Agency?

Here’s why clients trust us for their OR/CR Sangla Loan:

Fast Approval – Applications assessed within 24 hours
Lowest Interest Rates – Thanks to our wide network of lending partners nationwide
Highest Appraisal Value – Get the best cash-out for your car
Convenient Processing – No complicated steps, no car impounding
Free Consultation – Available Monday to Friday, 10:00 AM to 8:00 PM

We are accredited by multiple lending companies across Metro Manila, Luzon, Visayas, and Mindanao, making us one of the most reliable choices for clients nationwide.