To further facilitate members' emergency need for cash during the current pandemic, we have added Online Share Capital Loan Application in the website. Please just go to the website under Member's Area to apply. We will also try to put this facility in the HPP Mobile App in the coming days.
Loan proceeds will be transferred electronically to the member's Bank Account on record. For Share Capital Loan, no comaker is required and Credit Life Insurance has been waived. Please note that Share Capital Loan ceiling is based on member's total Share Capital contributions less any outstanding loans. Kindly check the HPP Mobile App to determine your maximum loanable amount. Other terms and conditions apply.
Other Loan Types
Regular Loan Applications can be submitted electronically in the meantime. Use the standard Loan Application Form which can be downloaded from the Member's Area. Email a scanned copy to This email address is being protected from spambots. You need JavaScript enabled to view it. with a cc to your comaker/s, if any is required. Comaker/s must give their approvals via email reply for the application to be processed. Please expect some delays in processing as we adjust to this new system.
Exception Approvals
For members who are already outside the Credit Policy (e.g. over the P100k max loanable amount per member, lacking HPPEMC tenure requirement, etc.), you may still apply via email but your application will have to be reviewed by the Board for exception approval. Kindly use the standard Loan Application Form which can be downloaded from the Member's Area.
Feel free to let us know if you have any comments, concerns, or suggestions. Thank you and stay safe.