It is offered to clients deriving their monthly income whose employment status may be a regular or co-terminus from government without the need of putting up collateral to respond the immediate financial needs.
Term: Maximum of 3 years
Loan Amount: Depending on the agreed MOA Between the Bank and the Government Office.
Mode of Payment: Monthly
Target Clients:
1. Government Regular Employees
2. Government Officials (Elected & IPMR)
3. Government Employees Head of Office
Implementing Guidelines: (Qualified Applicants)
1. Must be a regular employees or co-terminus employee provided its loan term must not go beyond the applicant terms as and LGU employee.
2. Establish a Memorandum of Agreement signed by both parties (Head of Office, Payroll Officer, Branch Manager, AM and COO of RB Rizal (ZN), Inc.)
Qualification Requirements:
1. 2x2 or 1x1 ID Picture (4 pcs)
2. 1 Valid Photo Bearing ID
3. Certification from the Head of Office / Latest appointment duly certified by HRMO
4. Proof of Income - Payroll or Pay slip (3 months) / ITR / Certificate of Remuneration
5. Duly signed Agreement Payroll Deduction (Head of Office and Paymaster / ATM photocopy attached with affidavit of voluntary surrender for ATM
6. Co-maker Statement
Valid I.D. Of Co-maker
Proof of Income of co-maker w/ attachments
7. Life Insurance