CHRISTMAS LOAN

What You Need to Know

Minimum Loan Amount: Loanable Amount equivalent to Share Capital but not more than ₱100,000.00

Maximum Term: Up to 12 months (1 year) to pay

Interest Rate: 10% per Annum

Finance and Other Charges:

•Services Charge (SF): 0.25% (≤ 11 months); 3% (12 to 60 months)

•Collection Fee (CF): 0.25%/month; 3% max

•Contribution(s): NHCP & NMSB

Qualifications

• •MIGS for at least 1 year
• •Minimum share cap: ₱5,000
• •With co-maker

Application Requirements

• •Duly accomplished loan application form
• •Passbook
• •At least One (1) recruit
• •PDC (Post-Dated Check)
• •Balik-Aral Attendance

How to Apply for a Christmas Loan?

Ready to apply? Just a few easy steps—see if you qualify!

1. 1. Complete the Application Form

   Fill out the application form and read through the terms and conditions.

2. 2. Prepare Required Documents

   Prepare photo copies of the necessary supporting documents.

3. 3. Submit Your Application to the nearby NOVADECI Branch & Offices

   Submit the application form and wait for the process of Account Officer