| Loan Product |
Merchandise Loan - BTU |
| Description |
Can be availed by members in good standing. |
| Loan Purpose |
Financial support to be used in purchasing from business tie-ups. |
| Requirements |
|
|
1. Filled-out Loan Form. |
|
2. Quotation from Supplier. |
|
3. Share Capital Passbook. |
|
4. Copy of latest two(2) pay slips. |
| Interest Rate |
10% |
| Maximum Amount |
Equal share capital |
| Minimum Term |
1 month |
| Maximum Term |
|
|
P10,000.00 and below = Three(3) months |
|
10,001.00 to 30,000.00 = Six(6) months |
|
30,001.00 and above = Twelve(12) months |
|
|
