Loan Services
- For Regular Members Only
- Maximum Loanable Amount: Three (3) times the share capital or 2M whichever is lower.
- Monthly Interest Rate: 1.25% , diminishing balance computation
- Maximum Term: 36 months or 3 years.
- Co-maker is needed
- This can be availed by REGULAR MEMBERS and ASSOCIATE MEMBERS with existing business/es.
- Maximum Loanable Amount: P200,00.00 or 2x of savings deposit whichever is lower.
- Monthly Interest Rate: 1.25%, pre-deducted
- Maximum Term: 12 months or 1 year
- Co-maker is needed
- This loan window can be availed by both REGULAR MEMBER and ASSOCIATE MEMBER.
- Maximum Loanable Amount: 80% share capital balance or savings deposit balance. For pension loans, loanable amount shall be based on the monthly pension amount.
- Monthly Interest Rate: 0.83%, diminishing balance computation
- Maximum Term: 36 months or 3 years.
- This can be availed by REGULAR MEMBERS only
- Maximum Loanable Amount: P 100, 000.00 except for loan applications for visa processing and application.
- Monthly Interest Rate: 1%, pre-deducted
- Maximum Term: 36 months or 3 years.
- Regular Members and Associate Members (who are receiving salaries) including Elected Officials who are receiving honorarium
- Maximum Loanable Amount: P 2,500,000.00
- Monthly Interest Rate: 0.83%, diminishing monthly
- Maximum Term: 60 months or 5 years
- Co-maker is needed
- MOA for Payroll Deduction is needed
- Must have a 100% Repayment Rate
- This can be availed by REGULAR MEMBERS and ASSOCIATE MEMBERS
- Maximum Loanable Amount: 60% of appraised value
- Monthly Interest Rate: 1%, pre-deducted
- Maximum Term: 12 months or 1 year
- This can be availed by REGULAR MEMBERS only.
- Maximum Loanable Amount: 60% of appraised value
- Monthly Interest Rate: 1.16%, diminishing balance computation
- Maximum Term: 60 months or 5 years
- This can be availed by REGULAR MEMBERS only.
- Maximum Loanable Amount: Value of the vehicle to be acquired supplied by the quotation.
- Monthly Interest Rate: 1%, diminishing balance computation
- Maximum Term: 60 months or 5 years
ELIGIBLE BORROWERS:
- Regular members and associate members
- Non-members but are willing to become members.
- Individuals engaged or willing to engage in Agri- based income-generating activities.
- Farmers who are registered under the RSBSA
- Maximum Loanable Amount: P200,000
- Monthly Interest Rate: 0.83%, pre-deducted
- Maximum Term: 12 months or 1 year
- Regular Members (MIGS) and Associate Members with Micro, Small and Medium Enterprises (MSMEs) activities
- Maximum Loanable Amount: P100,000
- Monthly Interest Rate: 0.6%, straight interest computation
- Maximum Term: 24 months or 2 years
- If permits are not in their name, require a legal document on the use of the permits and premises on behalf of the regular member applicant to support ownership of the business.
- Regular Members (Full-fledged). A member has been regularly employed in the same company for at least 1 year.
- For self-employed members, must be operating a legitimate and profitable business for at least 3 years. 21 years old and must not be more than 65 years of age upon the loan’s maturity. All accounts within the cooperative must be updated.
- Maximum Loanable Amount: Purchase of a fully developed residential lot, town house or condo unit – 5,000,000.00 Construction/Completion or Renovation of house, refinancing of existing – 2,000,000.00
- Monthly Interest Rate: 0.83%, diminishing with equal monthly amortization.
- Maximum Term: 60 months or 5 years.
- No co-maker needed
(Seasonal Offer)
- Regular member who participates in capital build-up, maintains current loan account and maintains MAP balances above maintaining balance. Credit Rating result is at least 50% and up.
- Maximum Amount: Maximum loanable amount is Php 18,000.00 and will increase by Php 1,000.00 every year starting year 2023 until it reaches the maximum amount of Php50,000.00 Payable in 18 months and 1 month will be added to loan term every year as we increase in number of years and a Php 1,000 on loan amount yearly.
- Maximum Term: Term is fixed depending on the number of years of the coop
- Monthly Interest Rate: 0. 5%, amortized monthly
- Loan is offered in the month of April to June, three (3) months offer only every current year in celebration of Treasure Link Cooperative Society ‘s founding anniversary.
Requirements
BASIC LOAN REQUIREMENTS:
- Duly accomplished loan application forms
For loan applications without signature of spouse because he/she is “out of town”, the trueness of it must
be validated and qualified first. - 1 pc. Recent ID picture, preferably 2”*2” (for 1st loan applications, applicable to all loan windows)
- Photocopy of valid ID’s of: Loan applicant, Spouse (if married), Co-maker
- Other documents which are necessary such as but not limited to:
- Photocopy of Barangay Clearance
- Photocopy of Business Permit
- DTI permit
- Certificate of employment
ADDITIONAL REQUIREMENTS:
- For Salary Loan:
- Copy of Pay slip for 3 consecutive months prior to application of loan
- Letter of appointment
- Certification (form will be provided by the office)
- Affidavit of undertaking
- For Mortgage Loan:
- Legitimate copy of Lot Title (for Titled Lot)
- Legitimate copy of Tax Declaration of lot and building/house (if applicable)-this will be for both Titled
- and non-titled property.
- Certificate of Non-tax Delinquency
- Certificate of Non-tenancy for Agricultural Land
- Certificate of full payment from LBP (for CLOA titles)
- Sketch of property location
- Approved Survey plan/Lot Map (for areas where approved survey plan is not available.)
- Certified True Copy of Title
- Special Power of Attorney if applicable. (SPA must indicate validity period)