Salary Loan - Barangay


Target Clients:


Term: Term Maturity MUST NOT EXCEED Election schedule

Loan Amount:  Depending on the agreed MOA Between the Bank and Barangay Council.

Mode of Payment: Monthly


Qualification Requirements:

        1. 2x2 or 1x1 ID Picture (4 copies)

        2. Valid Photo Bearing ID

        3. Certificate of Canvass / Oath of Office / Appointment 

                    (for Barangay. Sec. or Barangay. Treas. signed by the Barangay. Capt.) / Certification from DILG (for Barangay. Capt.)

        4. Payroll (3 months) / Certification from Local DILG stating the monthly honorarium / 

                    1 month of previous month payroll as basis certified by the Barangay. Captain.

        5. Agreement Payroll Deduction                   

        6. 2 Co-maker Statement (1-barangay captain & 1-any member of the council)

                  Valid I.D. of Co-maker

                  Proof of Income of co-maker w/ attachments

                  Cash Flow