BUILDING AND APPLIANCE LOAN
Designed to enable members to procure appliances or building materials at a minimum cost – given to members who have rendered at least ten (10) years of service in DMPI.
Loan Entitlement:
Share capital + Php. 5,000.00.
Maximum of Php. 30,000.00.
Interest Rate / Term of Payments:
Has an interest rate of 24% per annum based on diminishing balance and payable in two (2) years.
Re-loan:
Members with loan balance shall be charged 3% of the remaining balance.