OFW Package

 

 

OFW HOUSING LOAN

 

Loan for acquisition of house and lot, townhouse, or condominium unit, house construction or renovation, reimbursement of acquisition or construction cost

 

Loanable Amount : Php 300,000 to Php 3 Million
Loan Term : Up to 10 years, repriceable after 5 years
Interest Rate : 12% per annum (fixed for 5 yrs, repriceable after 5 yrs)
Insurance : FREE fire insurance for the 1st year

Requirements

: 1. Filled-up application form
2. Two (2) Valid IDs (one government issued)
3. Pictures
4. Marriage contract (if any)

If employed:
5. Certificate of employment and compensation
6. ITR for the last 3 years

If in business:
7. ITR of business
8. Business permits, licenses and pictures

 

SURE SAVE

 

Five-year time deposit with FREE life insurace, interest withdrawable monthly, tax-free

 

Deposit Amount : Minimum of Php 100,000.00
Interest Rate : Same as Regular Time Deposit
Life Insurance : Equivalent to the amount of the deposit, but not to exceed P1 Million

Requirements

: 1. Two (2) Valid IDs (one government issued)
2. Depositor should be between 18 to 60 years old.
3. Depositor must have or must open a Savings Account with the bank upon
placement of deposit.

 

OFW "Our Future Wealth" Deposit

 

Five-year time deposit with free life insurance

 

Deposit Amount : Minimum of P50,000.00
Interest Rate : 3% per annum

Requirements

1. Two (2) Valid IDs (one government issued)
2. Depositor must be an OFW, between 18 to 55 years old.
3. Depositor must have or must open a Savings Account with the bank upon
placement of deposit.