SPECIAL EMERGENCY
Requirements
- Duly filled-out loan application form
- Endorsement of Payroll & HR
- Reasons for availment: Calamity, Death, Chronic Diseases/ailments,
- fortuitous events
- Supporting document/attachment required
- Certification from HR that member's company benefits have been exhausted or reason is not covered under company benefit
- No offsetting of regular loans and no past due
- Eligibility for renewal - 100% paid
- Processing time: Five (5) working days from date of receipt from the company HR
Eligibility : Regular Employee
Minimum Share Capital : Php5,000
Loan Entitlement : Php5 x share capital
Loan Ceiling : Php50,000
Interest Rates : 6% based on diminishing or 0.26% per mo.
Service Fee : Php200
Maturity : 2 years
Share Capital : Php