CAR REPAIR
Requirements
- Acquisition of brand new or second hand motorcycle, tricycle or car
- Duly filled-out loan application form
- Endorsement of Payroll & HR
- Quotation from the Dealer
- Letter of Intent from Seller (if vehicle is 2nd hand)
- No offsetting of other loans
- Check is payable to the Dealer or Seller
- Eligibility for renewal - 100% paid
- Processing time: Seven (7) working days from date of receipt from the company HR
Eligibility : In good credit standing
Minimum Share Capital : Php5,000
Loan Entitlement : Php5 x share capital
Loan Ceiling : Php149,999
Interest Rates : 18% on diminishing balance or 0.81% per mo.
Service Fee : Php0.5% of loan amount
Maturity : 2 years
Share Capital : Php
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AUTO LOAN
Requirements
- Acquisition of brand new or second hand motorcycle, tricycle, car
- Duly filled-up loan application
- Endorsement of Payroll & HR
- Quotation from Dealer
- Notarized Letter of Intent from Seller (if vehicle is 2nd hand)
- No offsetting of other loans
- Check is payable to dealer or seller
- Processing time: two weeks from date of receipt from the company HR
- Eligibility for renewal - 100% paid
Eligibility : In good credit standing
Minimum Share Capital : Php50,000
Loan Entitlement : Php3 x share
Loan Ceiling : Php300,000
Interest Rates : 18% on diminishing balance or 0.81% per mo.
Service Fee : Php0.5% or P1,000 w/c ever is lower
Maturity : 4 years
Share Capital : Php0.5% of loan amount