| Loan Amount |
Amount financed (Suggested retail price minus down payment) |
| Interest Rate |
2.5% per month (Diminishing) |
| Terms |
Maximum of 36 months (3 years) |
| Share Capital Requirements |
None, but adding share capital is encouraged, especially for the first loan |
| Collateral to be Submitted |
OR/CR |
| Collateral Subject to Forfeiture / Foreclosure / Repossess Once Default in Payment |
Unit, OR/CR, and key |
| Processing Time |
Depends on the completion of requirements and approval |
| Eligibility / Qualifications |
At least ₱1,700 in share capital |
| Insurable Age |
Up to 69 years old |
| Cash Out |
5% downpayment + others |
