Loan Amount |
₱300,000 - ₱450,000 (Subject to change without prior notice) |
Interest Rate |
1.5% per month (Diminishing) |
Terms |
Maximum of 120 months (10 years) |
Share Capital Requirements |
None, but adding share capital is encouraged, especially for the first loan |
Collateral to be Submitted |
None |
Collateral Subject to Forfeiture / Foreclosure / Repossess Once Default in Payment |
Title of memorial lot and policy |
Processing Time |
3 to 4 days after CIBI |
Eligibility / Qualifications |
At least ₱1,700 in share capital |
Insurable Age |
Up to 69 years old |
Cash Out |
Service fee and LPP |