Memorial Loan

Memorial Loan Details
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