Rural bank of Central Pangasinan in the Philippines

Pangasinan Bank, Inc. operates as a rural bank catering for the financial needs in the rural areas on a wider perspective, with 6 branches strategically located within the provinces of Pangasinan and La Union.

Visit site
Rural bank of Central Pangasinan https://upfinance.com/app/uploads/2019/08/80105_logo_0_508402-1.jpg
Rizal Street, Poblacion, Mangaldan, Pangasinan
(075) 653-1570, ppbrb@yahoo.com, pbmangaldan@yahoo.com
Interest rate 1.4% - 3.5%
Loan tenure from 1 to 60 months
Approval duration Up to 168 hours
Min. monthly income

Leading

Contact: Ms. Neela L. Torres Position: President

Product Features

Min. financing amount ₱ 30000
Max.financing amount ₱ 2000000
Min. loan tenure 1 months
Max. loan tenure 60 months

Credit

Home loan

Send an application

Interest Rates:  17% APR
Maximum loan amount: Up to 80% of assessed value
Service charge: 5% p.a.
Payment terms: Up to 5 years
Approval time: 5-21 banking days

Calculate loan

Auto loan

Send an application

Interest Rates:  From 12% to 42% add-on rate, depending on the term and status of collateral
Minimum loan amount: 300 000 PHP
Maximum loan amount:
Brand new: up to 80% of purchase price
Second hand: up to 70% of appraised value (minimum year model 2016)
Payment terms: 12-60 months
Approval time: 1-3 banking days
Down payment:
Brand new: 20% of purchase price
Second hand: 30% of purchase price

Calculate loan

Consumption loan

Send an application

Interest Rates: 
For loans secured by TCT-17% APR
For loans secured by TD -19% APR
A special rate approved by the Board is given to eligible borrowers with exposures of P1M and above
Payment terms: Up 1 to 60 months
Approval time: 1-5 banking days

Calculate loan

 

Loan Calculator

%
Monthly payment
₱ 888.49
Total overpayment
₱ 661.85
Total
₱ 10661.85

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
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

Commercial loan

Send an application

Interest Rates: 
For loans secured by TCT-17% APR
For loans secured by TD -19% APR
A special rate approved by the Board is given to eligible borrowers with exposures of P1M and above
Payment terms: Up 1 to 60 months
Approval time: 1-5 banking days

Calculate loan

Agricultural loan

Send an application

Interest Rates: 
For loans secured by TCT-17% APR
For loans secured by TD -19% APR
A special rate approved by the Board is given to eligible borrowers with exposures of P1M and above
Payment terms: Up 1 to 60 months
Approval time: 1-5 banking days

Calculate loan

Deposited

Regular savings deposit

Term On demand
Interest Rate. 0.50% p.a.
Maintaining Bal. For an account to earn an interest, a balance of P500 must be maintained, otherwise, a maintaining fee of P10 per month is imposed as service charge.
Dormancy Period An account is considered dormant if no transaction (deposit or withdrawal) has taken place within the period of 2 years.

Special savings deposit

(Maximum Deposit Insurance for each depositor P500,000)
Term – Minimum of 30 days and maximum of one (1) year but can be withdrawn/pre-terminated on demand upon presentation of duly accomplished withdrawal slip and corresponding passbook. In which case, the contracted interest rate is reduced to the rate given to RSD
Interest Rate – The Board shall determine the interest rate based on prevailing market prices without prior notice. It is understood that the bigger the amount and the longer the term, the higher the interest rate.
Maintaining Bal Same as regular savings
Dormancy Period Same as regular savings

FAQ

The longest loan period is 5 years.

Send an application

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.

Send an application

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.

Send an application

The minimum down payment for a new car is 20% of purchase price, for a used car – 30% of purchase price.

Send an application

Payment terms – up to 60 months.

Send an application

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.

Send an application

Documents confirming income and identification are the main requirements for obtaining a car loan.
Application form with filled in fields.
Copy of Passport or any ID ( SSS ID, Driver’s License, Voter’s ID)
Working borrowers must submit documents: certificates from the place of work or COE, a copy of payslip for 2 months, income tax return from BIR or ITR within 1 year.
Self-employed applicants must submit documents: a copy of the ITR with THE bir stamp , a copy of registration with the DTI or SEC, and a copy of financial statements for a period of at least 2 years .
After buying a car, you need to pay for insurance.

Send an application

Initial registration is usually done by agents, so you get a copy of OR / CR. You must remember that the initial registration is valid for 3 years, so after that you need to renew it annually in LTO.

Send an application

The term is from 1 year to 5 years.

Send an application

Contacts

Full company name Rural bank of Central Pangasinan
Address Rizal Street, Poblacion, Mangaldan, Pangasinan
Phone number (075) 653-1570
E-mail ppbrb@yahoo.com, pbmangaldan@yahoo.com
Social networks

Pangasinan Bank, Inc. operates as a rural bank catering for the financial needs in the rural areas on a wider perspective, with 6 branches strategically located within the provinces of Pangasinan and La Union.

Users rating

Reviews

11 months ago

Thank you for your comment, we have added the necessary information to the site.

1 year ago

Info

Where all information about loans??

Leave a review

Your rating

Characters remaining: 4096

Only our subscribers have access to the most profitable loans and deposits offers.