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 |