Loan Facility for Regular MembersKoop Kolek



Express Loan

  • Equal or less to Share Capital or tolal combined deposit
  • Interest rate of 0.75% per month on diminishing unpaid balance
  • Term of 36 months to pay

Special Express Loan

  • 33% Share Capital or 1/3 in relation to the loan amount
  • Equal or equivalent to Fixed Deposit
  • Interest rate of 1.5% per month on diminishing unpaid balance
  • Term of 36 months to pay

Petty Cash Loan

  • 33% Share Capital or 1/3 in relation to the loan amount
  • One half of Share Capital and maximum of P20,000.00 but with in 300%
       max. loanable amount
  • Interest rate of 1.5% per month on diminishing unpaid balance
  • Term of 24 months to pay

Emergency or E-Loan

  • Maximum of P20,000.00
  • Interest rate of 0%
  • Should not exceed to 300% of Share Capital
  • Term of 1 month to pay
  • Privilidge of Outstanding Borrower

Personal (MPL)

  • 33% Share Capital in relation to the loan amount
  • Interest rate of 1.8% per month on diminishing unpaid balance
  • Term of 36 months to pay

Commercial Loan

  • 33% Share Capital in relation to the loan amount
  • Interest rate of 1.8% per month on diminishing unpaid balance
  • Term of 36 months to pay

Pension Loan

  • 5x - 8x of monthly pension of loan availment
  • 20% Share Capital in relation to the loan amount
  • Half of monthly pension of loan availment
  • Interest rate of 1.5% per month on diminishing unpaid balance
  • Term of 24 months to pay

SLEM - ELGO (CLEM)

  • 20% Share Capital in relation to the loan amount (Retention)
  • Half of monthly pension of loan availment
  • Interest rate of 1.5% per month on diminishing unpaid balance
  • Term of 24 months to pay

CoopPabahay Loan

  • 5% Share Capital in relation to the loan amount
  • Maximum of P1,000,000.00
  • Interest rate of 1% per month on diminishing unpaid balance
  • Term of 15 years to pay

CoopVehicle Loan

  • 5% Share Capital in relation to the price quotation of the vehicle 10% downpayment to dealer
  • Interest rate of 0.83% per month on diminishing unpaid balance (4 Wheel Vehicle)
  • Interest rate of 1.25% per month on diminishing unpaid balance (2 Wheel Vehicle)
  • Requirement: Price Quotations, OR/CR
  • Collateral: the same vehicle
  • Term of 5 years to pay for car vehicle and term of 3 years to pay for motor vehicle

Educational (Bar and Review) Loan

  • Maximum of P15,000.00 per child (max. 3 child) Max. of P150,000.00
  • Should not exceed to 300% of Share Capital
  • Interest rate of 0.83% per month on diminishing unpaid balance
  • Requirement: Assessment of Fees
  • Term of 12 months to pay

Travel Loan

  • 33% Share Capital or 1/3 in relation to the loan amount
  • Maximum P150,000.00 (Domestic or Foreign)
  • Interest rate of 2% per month on diminishing unpaid balance
  • Requirements: Itenerary of Travel and Plane Tickets
  • Term of 36 months to pay

Agricultural Loan

  • 33% Share Capital in relation to the loan amount
  • Interest rate of 1.8% per month on diminishing unpaid balance
  • Term of 36 months to pay

Medical Loan

  • 33% Share Capital or 1/3 in relation to the loan amount
  • Maximum P150,000.00
  • Interest rate of 1.8% per month on diminishing unpaid balance
  • Term of 36 months to pay

Memorial Loan

  • 20% Share Capital to the loan amount
  • Maximum P150,000.00
  • Cost of memorial plan at cash price
  • Interest rate of 0% per month on diminishing unpaid balance