METRO CEBU PUBLIC SAVINGS BANK started from TALISAY PUBLIC SAVINGS AND LOAN ASSOCIATION, INC. which officially operated on February 6, 1980 under a conservative Board of Directors. Having achieved the net earnings of 1.14 million by 1986, the Board considered the expansion of the institution’s reach and operations. TALISAY PUBLIC SAVINGS AND LOAN ASSOCIATION, INC. […]Visit site
Jose Luis U. Yolo Uis
|Min. financing amount||₱ 100000|
|Max.financing amount||₱ 1000000|
|Min. loan tenure||6 months|
|Max. loan tenure||21 months|
Interest Rates: Frim 8% APR
Minimum loan amount: 500 000 PHP
Maximum loan amount: Up to 80% of assessed value
Payment terms: Up to 10 years
Total gross monthly income (minimum): 50 000 PHP
Approval time: 5- 21 banking days
Interest Rates: From 19% APR
Brand new: up to 80% of purchase price
Second hand: up to 70% of appraised value
Brand New: 12 to 60 months
Second hand: 12 to 48 months
Maximum car age: For second hand, the age of vehicle + loan tenor should not exceed 11 years
Approval time: 1-5 banking days
Down payment: As low as 20% of purchase price
Interest Rates: From 2% per month
Minimum loan amount: 10 000 PHP
Maximum loan amount: 100 000 PHP
Payment terms: Up to 24 months
Approval time: within 5 banking days
– At least 21 years old at the time of application but not more than 65 years old upon loan maturity
– Must be a Filipino Citizen
– Must have an office or residence landline
– With at least two (2) continuous years of profitable operations in the same line of business
|5 000 PHP to 49 999 PHP||1%|
|50 000 PHP to 199 999 PHP||1,25%|
|200 000 PHP to 499 999 PHP||1,375%|
|500 000 PHP to 999 999 PHP||1,5%|
|1 000 000 PHP and above||1,75%|
|Opening amount||100 PHP|
|Opening amount||500 PHP|
Opening amount: 10 000 PHP
Interest rate: Tiered
|Amount bracket||30 days||60 days||90 days||180 days|
|10 000 PHP to 199 999 PHP||1,375%||1,625%||1,875%||2,125%|
|200 000 PHP to 499 999 PHP||1,635%||1,875%||2,125%||2,375%|
|500 000 PHP to 999 999 PHP||1,825%||2,125%||2,375%||2,626%|
|1 000 000 PHP and above||2,125%||2,375%||2,635%||2,875%|
The longest loan period is 10 years.
Since this type of loan is associated with large amounts of money and a large volume of documents, the term for making a decision by the Bank depends on two stages of verification. First, the Bank will check your solvency, this stage takes no more than 5 working days on average. Then the Bank will need to check the documents for the land or property you are buying, as well as make an assessment of it.
There is no single solution. If you need the lowest monthly payment, then take loan for the maximum possible period. If you are not sure that you will have a consistently high income, then take as little time as possible.
On average, initial approval of a Personal credit application can be done from 10 minutes to 1 day, depending on the bank. Final approval takes on average from 24 hours to 5 days. You just need to make sure your documents are completed when you submit them.
Credit funds can be issued immediately after the application is approved or 1-3 banking days after a successful phone check.
You do not require any collateral or guarantor to apply for a Personal loan.
No, you don’t need to report money spent. You can use the money for a variety of personal needs, such as training, hospitalization, car upgrades, and paying bills.
The minimum down payment for a new car is 20% of purchase price, for a used car – 30% of purchase price.
Payment terms for Brand New cars – up to 60 months.
Payment terms for Used cars – up to 48 months.
No, the car is your property from the moment of purchase, but remains the bank’s guarantee for the loan period. This means that you cannot sell the car, and you also have to pay for car insurance so that the bank can receive its money in any case.
|Full company name||METRO CEBU PUBLIC SAVINGS BANK|
|Address||Natalio Bacalso National Highway, Talisay City, 6045 Cebu|
|Phone number||(032) 272-0125 / (032) 272-0123|
METRO CEBU PUBLIC SAVINGS BANK started from TALISAY PUBLIC SAVINGS AND LOAN ASSOCIATION, INC. which officially operated on February 6, 1980 under a conservative Board of Directors. Having achieved the net earnings of 1.14 million by 1986, the Board considered the expansion of the institution’s reach and operations.
TALISAY PUBLIC SAVINGS AND LOAN ASSOCIATION, INC. initiated negotiations with other lending institution and on April 22, 1986 a certificate of Authority and the Articles of Merger of the TALISAY PUBLIC SAVINGS AND LOAN ASSOCIATION, INC., RURAL BANK OF MACTAN and RURAL BANK OF CORDOVA were issued by the Central Bank of the Philippines. TALISAY PUBLIC SAVINGS AND LOAN ASSOCIATION, INC. was the surviving financial institution, at the same time increasing its authorized capitalization to P25 million.
On March 14, 1987, the bank amended its charter and changed its name to METRO CEBU PUBLIC SAVINGS BANK.
MCPSB maintained its first branch at Tabunok, Talisay City, a branch at Lapu-Lapu City and in 1991, a new branch and Corporate Office at N. Bacalso Avenue, Cebu City – a banking network strategically placed in three (3) cities. The bank presently has authorized capitalization of 100 million and is working to increase said capitalization to 400 million by November of 2019.
Love the rate... easy online experience...professional service.
This Bank Have Great Loan packages and it is also providing its these kind pf services in good interest i will suggest you if you what a good bank this is here for you.