The Rural Bank of Mabalacat, Inc. started its operations in the town of Mabalacat, Province of Pampanga, on November 4, 1964. RBMI’s prudent and conservative hands-on management has allowed it to enjoy continued growth and stability despite the prolonged effects of the Asian Economic Crisis, the various problems that have plagued the country’s financial and […]Visit site
Contact person: Mr. George K. Dikayko Position: President and Director
|Min. financing amount||₱ 10000|
|Max.financing amount||₱ 1000000|
|Min. loan tenure||1 months|
|Max. loan tenure||36 months|
Minimal account opening and balance maintenance
– for student P100,
– for individual and corporate accounts P500
The minimum deposit balance for accruing interest on a conventional savings deposit P1 000.00
Interest on income is subject to withholding tax of 20%.
The Bank grants such loans only to employees of enterprises, which have established a Memorandum of Agreement (MOA) for salary loans with RBMI.Send an application
The maximum amount of a Salary loan is PhP 500,000.Send an application
The maximum loan amount depends on your income and loan term. According to Philippine law, paying a loan cannot exceed 30% of income.Send an application
No, not required for collateral.Send an application
On average, initial approval of a Multi Purpose credit application can be done from 10 minutes to 1 day. 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.Send an application
Credit funds can be issued immediately after the application is approved or 1-3 banking days after a successful phone check.
Do I need a guarantor or collateral for Multi Purpose loan?
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.Send an application
Small businesses in the Philippines can be determined depending on the size of the assets, the amount of equity and the number of employees. Enterprises can also be determined depending on the number of employees. Small businesses employ between 10 and 99 workers.Send an application
The maximum loan term without collateral is not more than 3 years.Send an application
• 1 year working business.
• Register with DTI or SEC in the name of the borrower.
• Mayor’s permission registered in the name of the borrower.
• The borrower is the main shareholder or owner of the business.
• The borrower has a current account of at least 6 months, which is used.
• The borrower has the right to sign checks.
To date, the maximum amount of this loan is PHP 15,000,000.Send an application
|Full company name||Rural Bank of Mabalacat|
|Address||107 Mac-Arthur Highway, Dau, Mabalacat, 2010 Pampanga|
|Phone number||Contact: (045) 308-0171 Fax: (045) 624-0122|
The Rural Bank of Mabalacat, Inc. started its operations in the town of Mabalacat, Province of Pampanga, on November 4, 1964. RBMI’s prudent and conservative hands-on management has allowed it to enjoy continued growth and stability despite the prolonged effects of the Asian Economic Crisis, the various problems that have plagued the country’s financial and political system, and the latest global financial meltdowns in the United States and Europe.
We envision to deliver efficient banking and financial services to small and medium enterprises, while promoting countryside and agricultural development.
To promote countryside development by means of our institution’s personalized products and services.
To reach out to agricultural communities for their financial requirements and provide seminar programs to help in their economic progress
To be able to contribute to individual growth, as well as to communities and groups.
Its really a great help to people.
Great rates and helpful staff