Keep your account balance well above maintaining. Loan against your deposits while still earning dividends/interest with this secured loan.
Features
- Guaranteed low interest rates
- Fast processing of loan approval
- Flexible payment terms (up to 36 months/3 years)
- Loan up to 90% of account balance (not including minimum maintaining balance)
Requirements
- PSSLAI Account as collateral
- Post dated cheques for BTB 3
Interest Rate
- Choose from our various easy modes of payment:
- BTB1 – Advance Interest, Principal upon Maturity; Maximum Loan Term: One (1) year, Renewable
- BTB3 – Monthly Payment on Interest, Principal upon Maturity; Maximum Loan Term: One (1) year, Renewable
- BTB4 – Principal and Interest upon Maturity; Maximum Loan Term: One (1) year, Renewable
Charges
- Documentary Stamp tax: Php1.50 for every Php200 for loans above Php250,000