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Appliance and Gadget Loan

GUIDELINES:

1. Members in good standing with existing loan can avail of the appliance and gadget loan.

2. Loanable amount -   x 4 of the share capital or maximum of P75,000.00.

3. Terms of payment -  maximum of Two (2) years.

4. Interest rate:

  • 1 year  -   Ten (10%) percent
  • 2 years -  Twelve (12%) percent

5. Service fee                            -  Two (2%) percent pre-deducted

6. Subscription Receivables -  Two (2%) percent pre-deducted

7. Requirements:

  • Price quotation from the store/dealer.
  • Proof of billing
  • Co-maker
  • Latest month-end payslip
  • Net take home pay - P2,000.00

8. Re-loan period:

  • Any given time (effective July 1, 2011).
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