QCRB in the Philippines
We are a homegrown bank, an institution, and a leader in financial intermediation with a rural network entirely committed to: Satisfying the needs of every client by offering relevant financial products and quality services that create value and enhance community progress; Building and preserving a family culture that is responsive to the individual needs of […]
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Leading
Director: Dr. Ciriaco Am.
Product Features
| Min. financing amount | ₱ 100000 |
| Max.financing amount | ₱ 1000000 |
| Min. loan tenure | 6 months |
| Max. loan tenure | 24 months |
Credit
Housing loan
Rates: From 7.00% APR
Minimum loan amount: 1 000 000 PHP
Maximum loan amount: Up to 80% of assessed value
Payment terms: Up to 20 years
Total gross monthly income (minimum): 50 000 PHP
Approval time: 5- 21 banking days
Calculate loanLoan Combo Maximizer
Deferred payments for a fixed period of 1 year
Rates: From 16.00% APR
Minimum loan amount: 100 000 PHP
Payment terms: Up to 5 years
Approval time: 5- 21 banking days
Loan Calculator
Borrower requirements
Eligibility:
– At least 21 years old at the time of application but not more than 65 years old upon loan maturity
Сitizenship:
– Must be a Filipino Citizen
– Must have an office or residence landline
If Employed: – Minimum gross monthly income – 15 000 PHP
If Self-employed:
– With at least two (2) continuous years of profitable operations in the same line of business
– Minimum gross monthly income – 30 000 PHP
Business loan
Flexi-Commercial Real Estate Loan
Rates: From 7.00% APR
Minimum loan amount: 1 000 000 PHP
Maximum loan amount: Up to 80% of assessed value
Payment terms: Up to 20 years
Approval time: 5- 21 banking days
Deposited
US dollar saving deposit
US Dollar Saving (USDS) is a foreign currency denominated saving account that earns interest. The USDS is ideal for customers with regular US Dollar inflow including beneficiaries of Overseas Filipino Workers (OFWs). The bank can credit FOREX and Remittance proceeds to customers accounts.
Special Features:
- Minimum initial deposit of USD 100.00
- Maximum deposit of USD 10,000.00
- Interest rate 0.25% p.a. posted quarterly
- Passbook
US Dollar Time Deposit
Special Features:
- Minimum initial deposit of USD 500.00
Credit Card
Revolving credit line.
Debet Card
Debit card QCRB- atm.
FAQ
The longest loan period is 20 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.
It is recommended to take a Combo Maximizer loan to solve urgent tasks that require a large financial injection, such as::
home improvement,
car repairs,
business expansion,
education.
You can use this loan as an emergency loan or a disaster loan.
We have deferred payments on this loan in order to ease the situation of the borrower in difficult times.
The longest loan period is 5 years.
Differences in the purpose of the property and in the requirements for borrowers.
Theoretically, you can, but only with the consent of the bank. You must notify him in advance of the alleged repair work, and if the bank does not see this as deteriorating the properties of real estate, then most likely it will be approved.
Contacts
| Full company name | Quezon Capital Rural Bank |
| Address | Quezon Capital Rural Bank, Inc. Rizal corner Granja Street, Lucena City Quezon, Philippines |
| Phone number | |
| mailto:info@qcrblive.com | |
| Social networks |
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We are a homegrown bank, an institution, and a leader in financial intermediation with a rural network entirely committed to:
Satisfying the needs of every client by offering relevant financial products and quality services that create value and enhance community progress;
Building and preserving a family culture that is responsive to the individual needs of our people, providing an environment for growth;
Upholding a tradition of profitable and successful operation through responsible banking that encourages and rewards the continued support of our stakeholders.
User rating
Reviews
Professional And Responsible Bank
An excellent bank to deal with. All staff are very professional and knowledgeable. They quickly resolve any issue and provide individual service. This is not a mega national bank with little or no care for customers, but a strong regional bank with strong dedication to the areas they service. Their online banking experience is easy and friendly.
Great Rates
I can't speak to the experiences of the previous posters, but my experience was very pleasant. Staff were courteous and the rates were great.