LOANS



How to Avail Loan

Paid the initial Share Capital of PHP 6,300.00
3 Latest Payslips
2 Valid IDs and 1 Proof of Billing
Must have the capacity to pay


➣ Loan Products
   REGULAR
   
Regular Loan








Eligibility
  • Maximum Loan Amount: Double (x2) of your Share Capital
  • Maturity: up to 3 years
  • Interest Rate: 7% per year
  • Service Fees: 1-2%, Admin Fee: 30.00
  • Capital Build Up: 4% of loan amount
Processing Time
  • MIGS - maximum of three (3) days
  • Non-MIGS – maximum of two (2) weeks
Eligibility for renewal
  • 75% paid
   HOUSE RENOVATION
   
Housing Renovation





Eligibility
  • Maximum Loan Amount: Double: Php 150,000.00
  • Maturity: up to 3 years
  • Interest Rate: 15% per year
  • Service Fees: 1-2%
  • Inspection Fee:200
Processing Time
  • MIGS - maximum of one (1) week
  • Non-MIGS – maximum of two (2) weeks
   CONSUMPTION
   
Consumption Loan


Eligibility
  • Maximum Loan Amount: Double: Php 15,000.00
  • Maturity: up to 1 year
  • Interest Rate: 13% per year
  • Service Fees: 1-2%
Processing Time
  • MIGS - maximum of two (2) days
  • Non-MIGS – maximum of two (2) weeks
   APPLIANCE/COMPUTER
   
Appliance Loan





Eligibility
  • Maximum Loan Amount: Double: Php 85,000.00
  • Maturity: up to 3 year
  • Interest Rate: 10% per year
  • Service Fees: 1%
  • Capital Build Up: 4% of loan amount
Processing Time
  • MIGS - maximum of two(2) days from receipt of quotation from accredited supplier
  • Non-MIGS – maximum of two (2) weeks from receipt of quotation from accredited supplier
   MOTORCYCLE
   
Motorcycle Loan



Eligibility
  • Maximum Loan Amount: Double Php 130,000.00
  • Maturity: up to 3 year
  • Interest Rate: 16% per year
  • Service Fees: 1%
  • METV
Processing Time
  • Maximum of two (2) days from receipt of quotation from accredited supplier
   CAR
   
Car Loan





Eligibility
  • Maximum Loan Amount based on the actual cost of the vehicle
  • Share Capital
  • Maturity: up to 5 years
  • Interest Rate: 7% per year
  • 3 years consecutive Most Outstanding Member & 15 years in service
Processing Time
  • Maximum of two (2) weeks from date of receipt of quotation of the supplier
   SPECIAL
   
Special Loan






 Eligibility
  • Maximum Loan Amount PHP 100,000.00
  • Maturity: up to 3 years
  • Interest Rate: 15% per year
  • Service Fees: 1-2%
  • Admin Fee: 30
 Processing Time
  • MIGS - maximum of three two (2) days
  • Non-MIGS – maximum of 3 days
   RETIREMENT
   
Retirement



Eligibility
  • Maximum Loan Amount PHP 1,000,000.00 or 50% of his retirement pay
  • Maturity: up to 5 years
  • Interest Rate: 7% per year
  • Service Fees: 1%
Processing Time
  • MIGS - maximum of one (1) week from date of receipt from the company HR
  • Non-MIGS – maximum of two (2) weeks
   EMERGENCY
   
Emergency



Eligibility
  • Maximum Loan Amount PHP 200,000.00
  • Maturity: up to 3 years
  • Interest Rate: 12% per year
  • Service Fee: 1 - 2%
Processing Time
  • Maximum of one (1) day
   LOT PURCHASE
   
Lot Purchase



Eligibility
  • Maximum Loan Amount PHP 300,000.00
  • Maturity: up to 3 years
  • Interest Rate: 15% per year
  • Service Fees: 1%
  • Must be Member in Good Standing
Processing Time
  • Maximum of 2 weeks upon receipt of required documents
   EDUCATIONAL
   
Educational






Eligibility
  • Maximum Net Amount is based on Statement of Account from school or quotation
    from accredited supplier of computer and
    accessories but not to exceed PHP 50,000.00
  • Maturity: up to 3 years
  • Interest Rate: 13% per year
  • Service Fees: 1-2%
Processing Time
  • MIGS - maximum of two (2) days from date of receipt of documents
  • Non-MIGS – maximum of two (2) weeks
   SECURED
   
Secured





Eligibility
  • Maximum Loan Amount 75% of the appraised value of the collateral property
    but not exceed PHP 2,000,000.00
  • Maturity: up to 5 years
  • Interest Rate: 10% per year
  • Service Fees: 1%
  • 3 years MOM
Processing Time
  • Maximum of two (2) days after completion of requirements