Farmers Loan

Product Definition

This type of loan product is a “SECURED Loan” which can be availed by any individual or a farmer for the following purposes:

  • to pay for farm expenses;
  • to Lease agricultural lands;
  • to Redeem agricultural lands;
  • to Buy agricultural lands; and
  • other purposes pertaining to agriculture.

It is provided to tillers, farmers, farm owners and other individuals or entities engaged in agriculture as a source of livelihood to further improve the agricultural sector of the country.

QUALIFICATIONS
  • Applicants must be at least 20 years old at the time of application but not more than 70 years old and in good health.
  • Must be permanent residents of their respective barangay.
  • With stable source/s of income.
REQUIREMENTS
  • Original Copy of Title
  • Original Tax Declaration
  • Original Tax Receipt
  • Original Tax Clearance
  • Sketch Plan/Lot Plan/Subdivision Plan
  • Special Power of Attorney – up to 2nd degree of consanguinity (Spouse, Parents, Grandparents Children, Grandchildren, Siblings)
  • Affidavit of non-tenancy – for Agricultural land
  • Affidavit of undertaking and non-lease – for Agricultural land
  • Valid IDs and 2×2 Picture (Spouses and Co-maker/SPA)
  • Tax Identification Number/SSS ID/GSIS ID/UMID (mandatory for CIC purposes)
  • Notarized Leasehold Agreement/Contract
  • Proof of income (ITR, Inhouse FS, SALN, COE with net take home pay, etc.)
  • Other related documents that the bank may require

 

Livestock & Poultry Loan

Product Definition

A facility which aims to attract small dairy and meat growers including poultry raisers and fishers who constitute a bulk of livestock in the community to have an access to formal credit as intermediary for financing their economic activities for sustainable operations such as the following:

  • purchase of feeds and feeding utensils
  • purchase of young animals for commercial disposal
  • construction of permanent sheds and installation of water source
  • acquisition of refrigerated storages,
  • acquisition of distribution vehicles
  • Livestock vaccinations, vitamins and other medications
  • Payment of overhead expenses
QUALIFICATIONS
  • Applicants must be at least 20 years old at the time of application but not more than 70 years old and in good health.
  • Must be permanent residents of their respective barangay.
  • With stable source/s of income.
REQUIREMENTS
  • Original Copy of Title
  • Original Tax Declaration
  • Original Tax Receipt
  • Original Tax Clearance
  • Sketch Plan/Lot Plan/Subdivision Plan
  • Special Power of Attorney – up to 2nd degree of consanguinity (Spouse, Parents, Grandparents Children, Grandchildren, Siblings)
  • Affidavit of non-tenancy – for Agricultural land
  • Affidavit of undertaking and non-lease – for Agricultural land
  • Valid IDs and 2×2 Picture (Spouses and Co-maker/SPA)
  • Tax Identification Number/SSS ID/GSIS ID/UMID (mandatory for CIC purposes)
  • Notarized Leasehold Agreement/Contract
  • Proof of income (ITR, Inhouse FS, SALN, COE with net take home pay, etc.)
  • Other related documents that the bank may require

 

Basic Deposit Account

Basic deposit product refers to interest- or non-interest-bearing account designed to promote financial inclusion. This account will enable Filipinos especially the unserved and undeserved to receive and make payments, as well as have a facility for store of value. It will have basic functionalities that will characterize ease, accessibility, convenience, and reasonable cost for both banks and customers.

FEATURES

The Basic Account has the following features:

    1. Simplified Know Your Customer (KYC) feature.
    2. Opening amount of 50.00
    3. No minimum maintaining balance.
    4. Maximum account balance is P50,000.00
    5. Interest rate is 0.25% per annum
    6. No dormancy charges.

REQUIREMENTS

    1. ) 1 Identification document (ID) (Original presented and photocopy)
    2. )  2 pcs. 1×1 or 2×2 ID photos
    3. ) Account Information Form (AIF)
    4. ) Specimen Signature Card
    5. ) Join account agreement, if applicable

Basic Deposit Account

Basic deposit product refers to interest- or non-interest-bearing account designed to promote financial inclusion. This account will enable Filipinos especially the unserved and undeserved to receive and make payments, as well as have a facility for store of value. It will have basic functionalities that will characterize ease, accessibility, convenience, and reasonable cost for both banks and customers.

FEATURES

The Basic Account has the following features:

    1. Simplified Know Your Customer (KYC) feature.
    2. Opening amount of 50.00
    3. No minimum maintaining balance.
    4. Maximum account balance is P50,000.00
    5. Interest rate is 0.25% per annum
    6. No dormancy charges.

REQUIREMENTS

    1. ) 1 Identification document (ID) (Original presented and photocopy)
    2. )  2 pcs. 1×1 or 2×2 ID photos
    3. ) Account Information Form (AIF)
    4. ) Specimen Signature Card
    5. ) Join account agreement, if applicable

Basic Deposit Account

Basic deposit product refers to interest- or non-interest-bearing account designed to promote financial inclusion. This account will enable Filipinos especially the unserved and undeserved to receive and make payments, as well as have a facility for store of value. It will have basic functionalities that will characterize ease, accessibility, convenience, and reasonable cost for both banks and customers.

FEATURES

The Basic Account has the following features:

    1. Simplified Know Your Customer (KYC) feature.
    2. Opening amount of 50.00
    3. No minimum maintaining balance.
    4. Maximum account balance is P50,000.00
    5. Interest rate is 0.25% per annum
    6. No dormancy charges.

REQUIREMENTS

    1. ) 1 Identification document (ID) (Original presented and photocopy)
    2. )  2 pcs. 1×1 or 2×2 ID photos
    3. ) Account Information Form (AIF)
    4. ) Specimen Signature Card
    5. ) Join account agreement, if applicable

Basic Deposit Account

Basic deposit product refers to interest- or non-interest-bearing account designed to promote financial inclusion. This account will enable Filipinos especially the unserved and undeserved to receive and make payments, as well as have a facility for store of value. It will have basic functionalities that will characterize ease, accessibility, convenience, and reasonable cost for both banks and customers.

FEATURES

The Basic Account has the following features:

    1. Simplified Know Your Customer (KYC) feature.
    2. Opening amount of 50.00
    3. No minimum maintaining balance.
    4. Maximum account balance is P50,000.00
    5. Interest rate is 0.25% per annum
    6. No dormancy charges.

REQUIREMENTS

    1. ) 1 Identification document (ID) (Original presented and photocopy)
    2. )  2 pcs. 1×1 or 2×2 ID photos
    3. ) Account Information Form (AIF)
    4. ) Specimen Signature Card
    5. ) Join account agreement, if applicable