pettycashRequirements:

  • 3 months coop member
  • Copy of webapps

Processing Time:

Applications received from 8:00AM to 10:00AM will be released from 1:00PM to 4:00PM.
Applications received beyond 10:00AM, will be released on the next working day.

Minimum Share Capital : Php2,500
Loan Amount : Php 2,000 to Php 10,000
Interest Rates : 1.5% per month straight-line basis
Service Fee : 2% to be deducted in principal
Loan Term : 1-6 months

 Note:

  1. The credit limit per member is equivalent of 2X of paid-up capital except for Petty Cash Loan & Emergency loan which is allowed up to 3X of paid-up share capital.
  2. The maximum monthly amortization for all types of company and COOP loans shall be 35% of the employee’s monthly basic salary (MBS).
  3. Pre-termination fee is waived if loan for offset and the new loan application are the same type of loan.