To further make it easier for members particularly in this time of pandemic, the payment term for Share Capital Loan has been increased to up to 5 years. Application is still online and hassle-free via the HPP.COOP website under the Member's Area (login required) with a maximum loanable amount of P500,000.00.
NOTES:
- No co-maker requirement.
- Share Capital Loan ceiling is based on member's total share capital contribution less any outstanding loans.
- Only members in good standing can avail themselves of Share Capital Loan.
- Loan proceeds will be transferred to the member's bank account on record.
- Must be compliant with all the other provisions of the Credit Policy.