Info

• Title:Educational Loan

Description

This type of loan is to provide FCCMPC members a facility to avail of an educational loan programs so they can finish their studies or send their children to school without having difficulty in payong the school tuition fees.

• Maximum loanable amount is Php 50, 000
• Interest rate is 6 % per annum. Maximum term of 1 year
• Service charge is 2 %
• At least 2 co-makers are required
• Requires School Assestment Statement
• Loan release is paid directly to school

*Rates can go up and down depending on economic and market condition.

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