LOANS



For Regular Members
   Regular Loan
   
  • Loanable Amount: 100% of paid in share
  • Interest Rate/Month: 1% Diminishing
  • Maximum Terms: 5 years
  • Service fee: 2% based on the principal amount
  • Insurance: P0.50/1k based on the principal balance
   Productive Loan
   
  • Loanable Amount: 100% of paid in share up to 400%
  • Interest Rate/Month: 2% Diminishing
  • Maximum Terms: 5 years
  • Service fee: 2% based on the principal amount
  • Insurance: P0.50/1k based on the principal balance
   Fast Loan
   
  • Loanable Amount: 100% of paid in share plus savings deposit
  • Interest Rate/Month: 1.50% Diminishing
  • Maximum Terms: 3 years
  • Service fee: 2% based on the principal amount
  • Insurance: P0.50/1k based on the principal balance
   Petty term Loan
   
  • Loanable Amount:
    • Capacity to Pay
    • 60% of Bonus and dividend
    • P2,000 spot cash
    • Against Retirement Pay up to 3x of basic Pay
  • Interest Rate/Month: 2% Straight
  • Maximum Terms: 3 months
  • Service fee: 2% based on the principal amount
  • Insurance: P0.50/1k based on the principal balance
   Calamity Loan
   
  • Loanable Amount:
    • P25,000 – Partial Damage
    • P50,000 – Total Damage
  • Interest Rate/Month: .05% Diminishing
  • Maximum Terms: 2-3 years
  • Service fee: 2% based on the principal amount
  • Insurance: P0.50/1k based on the principal balance
   Educational Loan
   
  • Loanable Amount: P100,000.00
  • Interest Rate/Month: 1.25% Diminishing
  • Maximum Terms: 1 year
  • Service fee: 2% based on the principal amount
  • Insurance: P0.50/1k based on the principal balance
  • Requirement: Submit SOA from the school
    •
       House and lot Loan
       
    • Loanable Amount:Up to P2Million
    • Interest Rate/Month:
      • 8yrs. – 2% Diminishing
      • 7yrs. – 1.5% Diminishing
      • 6yrs. – 1.25% Diminishing
      • 5yrs. – 1% Diminishing
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
    • Requirement: Land title for collateral.
       Travel loan International
       
    • Loanable Amount: Up to P200,000.00
    • Interest Rate/Month: 2% Diminishing
    • Maximum Terms: 4 years
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
    • Requirement: Purchased ticket
       Travel loan Domestic
       
    • Loanable Amount:P50,000.00
    • Interest Rate/Month: 2% Diminishing
    • Maximum Terms: 2 years
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
    • Requirement: Purchased ticket
       Balance Transfer loan
       
    • Loanable Amount: Up to P250,000.00
    • Interest Rate/Month:
      • 12mos – 1% Diminishing
      • 13-24mos – 1.5% Diminishing
      • 25-48mos – 2% Diminishing
    • Maximum Terms: Up to 4 Years
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
    • Requirement: SOA from other financing institution
       Car loan
       
    • Loanable Amount: Up to P1.5M subject to encumbrance, vehicle Insurance, and PDC (Post-Dated Checks)
    • Interest Rate/Month: 0.54% Straight
    • Maximum Terms: 5 Years
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
    • • Requirement: Quotation, Post-Dated check (PDC) and a 10% down payment is required. The remaining balance after the down payment will be the member's loanable amount.
    For Associate Members
       Associate Member Multi-purpose (AMMP)
       
    • Loanable Amount: P20,000.00
    • Interest Rate/Month: 2% Diminishing
    • Maximum Terms: 2 years
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
       Loan Against Paid In Share (LAPIS)
       
    • Loanable Amount: 90% of Paid in Share
    • Interest Rate/Month: 1% Diminishing
    • Maximum Terms: 5 years
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
    For Both Regular & Associate Members
       Health care loan
       
    • Loanable Amount: Based on the premium offered by HMO
    • Interest Rate/Month: 0.67% Diminishing
    • Maximum Terms: 1 years
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
       Loan against locked-in deposit
       
    • Loanable Amount:
      • Regular Member: Up to 400% of Locked-In Deposit
      • Associate Member: Up to 200% of Locked-In Deposit
    • Interest Rate/Month: 1% Diminishing
    • Maximum Terms: 3 years
    • Service fee: 2% based on the principal amount
    • Insurance: P0.50/1k based on the principal balance
       Celebration loan
       
    • Loanable Amount:
      • Regular Member: P30,000.00
      • Associate Member: P10,000.00
    • Interest Rate/Month: 1% Diminishing
    • Maximum Terms: 1 years
    • Service fee: No service fee
    • Insurance: P0.50/1k based on the principal balance
       Pension loan
       
    • Loanable Amount: P200,000.00, or up to 50% receive net pension monthly
    • Interest Rate/Month: 1.5% Diminishing
    • Maximum Terms: 3 years
    • Service fee: 2.5% based on the principal amount
    • Insurance:
      • P0.5/1,000 up to 65 years old
      • P3.0/1,000 above 66-70 years old
    • Requirement: Medical certificate subject for climbs confirmation