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