| Loan Product |
Mother's Day Loan |
| Description |
|
|
1. Can be availed every month of May by members with (3) three months of membership. |
|
2. Loan Amount is outside the fixed deposit. |
|
3. Take home pay must not be less than Php 3,500.00. |
| Requirements |
|
|
For Member A. |
|
1. Filled-out loan form. |
|
2. Copy of Latest one month pay slip. |
|
3. Four (4) co makers. |
|
4. Share Capital Passbook. |
|
For Member B and C. |
|
1. Filled-out loan form. |
|
2. Consolidated loan amount must be within 100% of the fixed deposit. |
|
3. Share Capital Passbook. |
| Interest Rate |
6.25% per annum |
| Maximum Amount |
Php 10,000.00 |
| Minimum Term |
1 month |
| Maximum Term |
6 months |
|
|
