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Housing

Requirements

  • Renovation or Equity
  • Loan application approve by the HR
  • Building plan
  • Bill of materials
  • Contract to Sell or Deed of Sale for purchase of property
  • No offsetting of other loans is allowed
  • In good credit standing

Eligibility

Company’s loan eligibility will prevail.

  • Maximum Loan Amount: Php 400,000
  • Maturity: 4 years
  • Loan Entitlement: 3x of Share Capital
  • Minimum Share Capital: Php 50,000
  • Interest Rate: 0.82% per month
  • Service Fee: 0.5% of loan or Php 100 which ever is higher
  • Capital Build Up: 2.5% of loan amount
  • Renewal Period: None

Processing Time

Seven (7) working days from date of receipt from the company HR