Regular Loan

Regular Loan Details | |
---|---|
Loan Amount | 2 times the share capital (Maximum limit of ₱700,000) |
Interest Rate | 2.5% per month (Diminishing) |
Terms | Maximum of 60 months (5 years) |
Share Capital Requirements | 2 times the share capital |
Collateral to be Submitted | None |
Collateral Subject to Forfeiture / Foreclosure / Repossess Once Default in Payment | None |
Processing Time | 3 to 4 days after CIBI |
Eligibility / Qualifications | 2 times the Share Capital |
Insurable Age | Up to 69 years old |
Cash Out | None |