MODIFYING THE PROVISIONS IN THE UNIFIED POLICY GUIDELINES ON THE AVAILMENT OF LOAN
Date posted: December 06, 2021 2:28 am
PARTICULARS | EXISTING | AMENDED TO | |
1. | Availment of Loan for NEW MEMBERS | Upon 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 Loan | Payment 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:
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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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