Cooperative Owners Online Portal (e-COOP)

MODIFYING THE PROVISIONS IN THE UNIFIED POLICY GUIDELINES ON THE AVAILMENT OF LOAN

Date posted: December 06, 2021 2:28 am

 

 PARTICULARSEXISTINGAMENDED TO
1.Availment of Loan for NEW MEMBERSUpon the approval of application of membership. (BR no. 9-2015)Applicant who is a NEW MEMBER may avail of all types of loans after six (6) months from the approval of membership BUT not to exceed Three Hundred Thousand Pesos (P 300,000.00) payable within two (2) years only.
2.Renewal of LoanPayment of at least Six (6) months of the outstanding loan balance. (BR no. 31-2015)

The member-borrower may apply for a renewal of his/her loan upon payment of:

 

  1. Six (6) months of payment for loans with terms of Twelve (12) months term, and;
  2. Twelve (12) months of payment for loans with terms of Eighteen (18) months term and above.

 

3.

Handling Fee

Associate Member

One Hundred Fifty-Pesos (P 150.00) (BR no. 44-2017)Two Hundred Pesos (P 200.00)


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