Salary Loans
Get a fast and easy loan with low interest rate.
| Loan Products | Details |
| Salary Loan | For permanent employees of government and private institutions |
| Honorarium Loan | For all elected Barangay Officials, appointed officials of the Barangay and all Barangay workers covered with MOA |
| DepEd Salary Loan (APDS) | For the teaching and non-teaching personnel of DepEd. Payroll deduction is made through Regional Offices – Automatic Payroll Deduction System (APDS) or through Payroll Deduction of any Independent/Empowered Schools |
| LGU Salary Loan | For all permanent employees, elected officials and appointed officials of LGU under a MOA Payroll Deduction within the operation coverage of the branch |
| Pension Loan | For all SSS and GSIS Pensioners or Surviving Spouse with an ATM card as a security of payment |
Livelihood Loans
Avail of customized credit facilities that cater the unique needs of your business
| Loan Products | Details |
| Livelihood Loan | Applicable to All Members with a Business
Customized payment schemes based on cash flow cycle of the business. Low interest rates Wide variety of collateral accepted Trained Account Officers assigned, willing and ready to assist you. |
| Commercial Loan | Applicable to All Members with a Business
Customized payment schemes based on cash flow cycle of the business. Competitive interest rates Can cater up to P 1,000,000.00 Wide variety of collateral accepted Trained Account Officers assigned, willing and ready to assist you. |
| Express Loan | Suitable for member’s whose business is just starting.
Customized payment schemes based on cash flow cycle of the business. Low interest rates 5 C’s of Credit Applied Maximum of P 15,000.00 loanable amount Maximum of 3 months term Trained Account Officers assigned, willing and ready to assist you. |
Agri Loans
Avail of customized credit facilities that cater farmer’s financing need
| Loan Products | Details |
| Agri Loan | Applicable to All Members engage in Rice and Corn Production
Competitive interest rates Lump Sum payment 6 month term loan |
Providential Loans
Avail of customized credit facilities that cater your emergency, educational and housing needs.
| Loan Products | Details |
| Emergency Loan | Applicable to all MIGS Members experiencing emergencies in life
Low interest rates Customized payment scheme based on cash flow 3 month term loan |
| Educational Loan | Applicable to all MIGS Members who want to pay the school tuition of their children
Low interest rates Customized payment scheme based on cash flow 6 month term loan |
| Housing Loan | Applicable to all Members
Must have at least 50% equity of the total project cost Maximum of 5 years term of loan Collateral accepted: Land Title |
| Vehicle Loan | Applicable to all Members
Must have at least 50% equity of the total cost of the vehicle Maximum of 3 years term of loan Collateral accepted: OR/CR of the purchased vehicle |
SPECIAL PROGRAM LOAN
Avail of customized credit facilities that cater the special programs of Government Agencies (Department of Agriculture and Department of Trade & Industry).
| Loan Products | Details |
| Production Loan Easy Access (PLEA) Loan | Applicable to All Members classified as marginal and small farmers and fisher folk registered under the Juan Magsasaka’t Mangingisda National Database System or the Registry System for Basic Sectors in Agriculture (RSBSA).
Low interest rates Maximum Term of 36 months (3 years) |
| Pondo sa Pagbabago at Pag-asenso (P3) Loan | Applicable to All Members engaged in micro, small and medium businesses.
Low interest rates Maximum Term of 12 months (1 year) |
FORM TO FILL UP IN APPLYING A LOAN; (application should be in 1-color pen ink only)
“LEGAL (LONG) SIZE PAPER “
- LOAN APPLICATION – 3 copies to be filled up in full – back to back page
- DEED OF ASSIGNMENT – 1 copy to be filled up in full
- AFFIDAVIT OF OWNERSHIP WITH VOLUNTARY SURRENDER – 1 copy to be filled up in full
- DATA PRIVACY NOTICE – 1 copy to be signed
Submit your loan application form & documents to your BCBMPC Branch Office.
Important Note: Loan approval will be depending on the evaluation in the applicant’s capacity to pay.