Character Loan
| Character Loan Details | |
|---|---|
| Loanable Amount | Maximum limit of ₱700,000 (x3 of the share capital) |
| Interest Rate | 1.25% per month (Diminishing) |
| Loan Term | Maximum of 60 months (5 years) |
| Processing Time | Minimum of 1 day |
| Eligibility Requirements |
With a good loan history for 4 consecutive loans, including any existing loan. Payments
must be made on or before the due date and must not exceed the 7-day grace period
₱2,000 savings balance is required prior to loan approval |
| Insurable Age | Up to 69 years old |
| Cash-Out | None |