Emergency Loan

Emergency Loan Details
Loan Amount Maximum of ₱20,000
Interest Rate 1% per month (Diminishing)
Terms Maximum of 12 months (1 year)
Share Capital Requirements 3 times the share capital
Collateral to be Submitted None
Collateral Subject to Forfeiture / Foreclosure / Repossess Once Default in Payment None
Processing Time Minimum of 1 day
Eligibility / Qualifications With ₱1,700.00 share capital based on the following purpose:
- Death
- Guttered by fire
- Confinement
- Accident
- Affected by pandemic
Age Limit Maximum up to 69 years old upon maturity
Insurable Age Up to 69 years old
Cash Out None