Loan Product |
Foundation Loan |
Description |
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1. Can be availed by members with one year of membership. |
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2. Loan amont is outside fixed deposit. |
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3. Re-structuring is not allowed. |
Loan Purpose |
This is offered only in the onth of May of the current year in celebration of MBCC's founding anniversary, classified as a regular loan and processed in one day. |
Requirements |
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1. Filled-out Loan Form. |
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2. Copy of latest two(2)pay slips for Member A. |
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3. Four(4) co-makers. |
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4. Share Capital Passbook. |
Interest Rate |
6% |
Maximum Amount |
P50,000.00 |
Minimum Term |
1 month |
Maximum Term |
12 months |
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