Loans Offered

View your current Savings and Loans Online.
Login to your account by clicking the button below.

Fixed Deposit / Regular Loan

Qualifications:

Must be paid of the minimum fixed deposit of 2,500.00

Attended the required Pre-Membership Education Seminar (PMES)

Purpose: Provident or Productive use.

Loan amounts: P2,500 up to P200,000

Loan term: 6-24 months

Mode of Payment : Monthly

Availment:

1st Loan - 100%

2nd loan – 200% FD maximum

Criteria for 200% FD

40% monthly FD

40% monthly repayment

10% Ownership

10% Participation

Interest Rate:

2% Per Month

Penalty:

2% Per Month

Special / Salary Loan

Eligibility / Who can borrow?

At least 12 months as a member, MIGS and total of all loans shall not exceed the maximum ceiling of P200,000

In case of salary loans, resolution with MOA by the agency concerned designating authorized representatives.

Purpose:

Productive use only (Special)

Providential or Productive (Salary)

Capital Requirement:

With fixed deposit of not less than P10,000

Availment:

Accommodations shall be subject to availability of funds

Amount:

-Special loan depends upon project cost.

-Salary loan is up to 6x of the net take home pay.

Interest Rate:

3% Per Month

Penalty:

2% Per Month

Mode of Payment:

Monthly

Petty Cash Loan

Who can borrow?

Paid of the minimum FD, MIGS.

Purpose:

Emergency providential use

Amount:

P5,000.00 (below 10K Share Capital)

P10,000.00 (with SC of 10K and above)

Interest & Penalty:

2.5% interest with 3% surcharge on every month default

Term:

Payable up to 10 months for P5,000.00 & up to 12 months for P10,000.00

Rice Loan

Who can Avail?

Loans Offered

Check out the loan services we offer below!

Fixed Deposit / Regular Loan

Qualifications:

Must be paid of the minimum fixed deposit of 2,500.00

Attended the required Pre-Membership Education Seminar (PMES)

Purpose: Provident or Productive use.

Loan amounts: P2,500 up to P200,000

Loan term: 6-24 months

Mode of Payment : Monthly

Availment:

1st Loan - 100%

2nd loan – 200% FD maximum

Criteria for 200% FD

40% monthly FD

40% monthly repayment

10% Ownership

10% Participation

Interest Rate:

2% Per Month

Penalty:

2% Per Month

Special / Salary Loan

Eligibility / Who can borrow?

At least 12 months as a member, MIGS and total of all loans shall not exceed the maximum ceiling of P200,000

In case of salary loans, resolution with MOA by the agency concerned designating authorized representatives.

Purpose:

Productive use only (Special)

Providential or Productive (Salary)

Capital Requirement:

With fixed deposit of not less than P10,000

Availment:

Accommodations shall be subject to availability of funds

Amount:

-Special loan depends upon project cost.

-Salary loan is up to 6x of the net take home pay.

Interest Rate:

3% Per Month

Penalty:

2% Per Month

Mode of Payment:

Monthly

Petty Cash Loan

Who can borrow?

Paid of the minimum FD, MIGS.

Purpose:

Emergency providential use

Amount:

P5,000.00 (below 10K Share Capital)

P10,000.00 (with SC of 10K and above)

Interest & Penalty:

2.5% interest with 3% surcharge on every month default

Term:

Payable up to 10 months for P5,000.00 & up to 12 months for P10,000.00

Rice Loan

Who can Avail?

Paid of the minimum FD, MIGS.

Amount:

Maximum of P2,000.00

Charges:

2% Service Fee

0% Interest if paid within one month

3% Interest if exceeds one month

2% Additional surcharge for over two months