| |
Professional
Financing
|
| - |
For purchase of clinic space |
|
|
![]() Maximum
loanable amount |
70% of appraised value of the
property |
![]() Minimum
loanable amount |
P 500,000 |
![]() Minimum
term of loan |
One (1) year |
![]() Maximum
term of loan |
10 years |
![]() Interest
Rate |
Prevailing REL rates, subject
to yearly repricing |
![]() Repayment |
Shall be made in equal monthly
amortizations covering principal and interest
one (1) month after loan release |
![]() Loan payments
shall be made
![]() via
the following modes: |
| - |
Automatic debit to borrower’s deposit
account with the Bank |
| - |
Issuance of post dated checks |
|
![]() Collateral |
Real Estate Mortgage on unit
or property to be financed or any other property
located in residential or commercial areas acceptable
to the Bank |
|
|
|
| - |
For renovation of clinic space |
|
|
![]() Maximum
loanable amount |
70% of appraised value of the
property |
![]() Minimum
loanable amount |
P 100,000 |
![]() Minimum
term of loan |
One (1) year |
![]() Maximum
term of loan |
Three (3) years |
![]() Interest
Rate |
Prevailing REL rates, subject
to yearly repricing |
![]() Repayment |
Shall be made in equal monthly
amortizations covering principal and interest
one (1) month after loan release |
![]() Loan payments
shall be made
![]() via
the following modes: |
| - |
Automatic debit to borrower’s deposit
account with the Bank |
| - |
Issuance of post dated checks |
|
![]() Collateral |
Real Estate Mortgage on unit
or property to be financed or any other property
located in residential or commercial areas acceptable
to the Bank |
|
|
|
| - |
For purchase of medical or dental equipment |
|
|
![]() Maximum
loanable amount |
50% of appraised value of the
equipment |
![]() Minimum
loanable amount |
P 50,000 |
![]() Minimum
term of loan |
One (1) year |
![]() Maximum
term of loan |
Three (3) years |
![]() Interest
Rate |
Prevailing AOR rates |
![]() Repayment |
Shall be made in equal monthly
amortizations covering principal and interest
one (1) month after loan release |
![]() Loan payments
shall be made
![]() via
the following modes: |
| - |
Automatic debit to borrower’s deposit
account with the Bank |
| - |
Issuance of post dated checks |
|
![]() Collateral |
Chattel Mortgage on equipment |
|
|
|
| |
|
|
Personal
Financing
|
| - |
Credit Line Facility |
|
|
![]() Purpose |
Travel; Fees for Higher Education;
Fees for Seminars/Conventions; Purchase of Shares
of Stock; Purchase of Appliances and Hobby Equipment,
etc. |
![]() Maximum
loanable amount |
P 1,000,000 |
![]() Minimum
loanable amount |
P 50,000 |
![]() Loan term
|
One (1) year and may be renewed
on an annual basis |
![]() Maximum
term of loan |
10 years |
![]() Interest
Rate |
Prevailing AOR rates |
![]() Repayment |
Shall be made in equal monthly
amortizations covering principal and interest
one (1) month after loan release |
![]() Loan payments
shall be made
![]() via
the following modes: |
| - |
Automatic debit to borrower’s deposit
account with the Bank |
| - |
Issuance of post dated checks |
|
![]() Collateral |
Hold-out deposit equivalent
to 50% of the total credit line; May also be secured
by a first real estate mortgage in favor of the
Bank on a property located in residential or commercial
areas acceptable to the Bank |
|
|
|
| |
|
|
|
Collateral-free credit line - For every professional
loan approved, there is an additional P50,000 collateral-free credit
line |
|
Pre-approved UCPB
Gold Visa Credit Card - For every MediCredit application approved,
there is an automatic issuance of a pre-approved UCPB Gold Visa Credit
Card |
