Zone 3, Bugo, Cagayan de Oro City
Mon-Thurs: 8am - 4pm Fri: 8am - 5pm
info@dmpi-eccc.org
MAXI LOAN
- A loan intended for members (with more than 15 years of service) who are in good standing.
- Members below 15 years in service – with collateral.
Entitlement
Entitlement is based on the share capital and capacity to pay.
Maximum entitlement is Php. 1,000,000.00.
Interest rate / term of payment
Has an interest rate of 14.4% per annum based on diminishing balance.
Term – maximum of five (5) years.
Re-loan
No loan and re-loan should be granted if the applicant-member has unpaid loan amortization for the last six (6) consecutive quincenas.
Other conditions
Once availed, all existing loan balances will be deducted.
