Purpose
- For emergency needs such as medical, calamity, accidents, and other fortuitous events.
Requirements
- Loan Application Form
- Proof of fortuitous event
Loan Entitlement: P10,000.00
Loan Ceiling: P10,000.00
Service Fee: P200.00
Retention Fund: None
Maximum Term: 6 months
Diminishing Interest Rate: 16% p.a.
Effective Interest Rate: 0.79% per month
Co-Makers Needed: 0
Estimated Processing Time: 2-7 days from receipt of loan application form.