INSTANT LOAN
Max loanable amount is up to 90% of the total uncommitted Regular Savings, Compulsory Savings Deposit, and Share Capital.
Minimum loan term is 3 months, while max loan is up to 60 months
Deposit counterpart should be at least 90% of the combined Regular Savings, Compulsory Savings Deposit and Share Capital
Co-Maker requirements: None
LOAN AGAINST PREFERRED DEPOSIT
Max loanable amount is up to 90% of the total amount of the Preferred Deposit placement maintained in OIC.
Minimum loan term is 3 months, while max loan is co-terminus to the maturity date of the Preferred Deposit.
Must have at least P2,000 Common Share and P1,500 Regular Savings
Co-Maker requirements: None
LOAN AGAINST TIME DEPOSIT
Max loanable amount is up to 90% of the total amount of the Time Deposit placement maintained in placement.
Minimum loan term is 3 months, while max loan is co-terminus to the maturity date of the Time Deposit.
Must have at least P2,000 Common Share and P1,500 Regular Savings
Co-Maker requirements: None
ALLOTMENT LOAN
Maximum loan entitlement is up to P150,000.
Term should be co-terminus with the remaining months of the existing contract of the seafarer, less one month
Deposit counterpart should be 20% of the loan amount approved
Co-Maker requirements: 2
HOME MORTGAGE LOAN
Max loanable amount is based on the total contract price of the property to be mortgaged.
Minimum loan term is up to 240 months.
Deposit counterpart should be at least 10% of the loan amount approved
Co-Maker requirements: 1 to 2
ALLOTMENT LOAN
Maximum loan entitlement is up to P150,000.
Term should be co-terminus with the remaining months of the existing contract of the seafarer, less one month
Deposit counterpart should be 20% of the loan amount approved
Co-Maker requirements: 2