Back To Back Loan
Back To Back Loan
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Back to back loan is a standby loan available to existing Shareholder, Savings and Time Deposits account holders that intends to bridge financial gaps for personal and business purposes payable with interest in fixed monthly or semi-monthly installments, secured by Time Deposits, encumbered savings deposit or share capital.
Loan Features:
Minimum Loan amount: P 1,000
Maximum Loan amount: Based on member’s deposits
Share Capital 90%
Time Deposit 100%
Other deposits (except regular savings) 100%
Who can avail?
- Member in good standing
- 18 years old and above