I
SALARY LOAN
Private Company and Local Government Unit
Salary Loan
A salary loan granted to Private Institutions and Government Agencies employees with or without Memorandum of Agreement between Mount Carmel Rural Bank Inc., with one (1) year regular/permanent employment status in the company. (Collateralized/Non-Collateralized)
Amount of Loan
Within the debt capacity-ratio of the borrower based on cash flow.
Mode of Payment
Quarterly, Monthly and Semi-Monthly
Security
Real estate Mortgage, Chattel Mortgage and Hold-out Deposits
Term
Maximum of five (5) years
Choose from
“Collateralized or Non-Collateralized”
- 2 Valid ID’s of Borrowers/and Spouse
- 3 pcs. Latest 2×2 picture
- Latest Barangay Clearance
- Latest Proof of Income (Original Certificate of Employment, 3 Months Latest Payslip)
- Proof of Billing
- Certified True Copy of Title
- Property Documents
(Borrower & Co-Borrower)
- 2 Valid ID’s of Borrowers/and Spouse
- 3 pcs. Latest 2×2 picture
- Latest Barangay Clearance
- Latest Proof of Income (Original Certificate of Employment, 3 Months Latest Payslip)
- Proof of Billing
Follow us on Social Media:
Head Office Address:
J. M. Kalaw Street, Poblacion 5, Lipa City, Batangas 4217
Email:
kapartner@mcrbi.com.ph
A PROUD MEMBER OF
