I. Borrower Qualification
- At least 21 years old but not more than 60 years old
- Private and Government Employee with permanent/regular appointment
- Not due for retirement within the term of loan
- Has been in office for at least (2) years
- Has a gross monthly salary of at least P 10,000.00 and up
II. Requirements
Processing fee of P 1,000.00
- Duly filled up application form
- Certificate of employment with details of compensation (Original copy)
- Latest 3 months pay slip & ITR
- Photocopy of company ID
- Photocopy of one (1) government issued ID (SSS, voter’s, driver’s license,passport)
- Two (2) pcs. 2×2 latest I.D. picture
- Residence certificate
- Brgy. Certificate
- Co-maker’s salary not lower than P 8,000.00 each (Co-maker’s requirements are same as listed above)
- Proof of billing address
III. Amount of Loan
- Maximum of P 50,000.00 per borrower
IV. Term of loan
Minimum of one (1) month, maximum of two (2) years
V. Interest
- 24% p.a. annuity method
VI. Conditions (Co-maker & PDC requirements)
- P 15,000 and below 2 Co-makers
- Above P 15,000.00 up to P 50,000.00 2 Co-makers with PDC
