Back to Back Loan

Back-to-Back Loan Details
Loanable Amount 90% of collateral
Interest Rate 1% per month (Diminishing)
Loan Term 12 to 180 months (with special approval of term if loan amount is higher)
Collateral Savings and/or time deposit
In Case of Default Collateral will be used to pay the loan balance upon default in payment
Processing Time 1 day
Eligibility Requirements At least ₱1,700 in share capital
Insurable Age Up to 69 years old
Cash-Out None