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LOANS

Loan Requirements according to loan purpose

Agricultural Loan

a. Agri-Production - Loan from P20,000 to P500,000
b. Agri-Industrial Production - Loan from P500,001 to P5,000,000
c. Agri-Commercial - Loan from P100,000 to P5,000,000

REQUIREMENTS:

  1. BMI Depositor

  2. Barangay Clearance

  3. NBI or Court Clearance ( or Police Clearance for Paracelis and Conner Clients)

  4. 1 Valid ID & 2 pcs. 2x2 ID picture

  5. Collateral (ecopy & original copy of title, copy of current realty
    tax, sketch plan with vicinity map)

Real Estate Loan

Loan from P50,000 to P3,000,000

REQUIREMENTS:

  1. BMI Depositor

  2. Valid ID and TIN

  3. Proof of sources of income

  4. Barangay Clearance

  5. NBI or Court Clearance ( or Police Clearance for Paracelis and Conner Clients)

  6. Collateral (ecopy and original copy of title, current realty tax, sketch
    plan with vicinity map)

Business or MSME Loan (Micro, Small, & Medium Enterprises Loan)

Salary Loan

Loan from P20,000 to P300,000

REQUIREMENTS:

  1. BMI Depositor

  2. Valid ID and TIN

  3. Latest 3 months pay slip or bank statement for the last 3 months

  4. Certificate of regular employment

  5. Barangay Clearance

  6. NBI or Court Clearance ( or Police Clearance for Paracelis and Conner Clients)

Personal Loan

Loan from P20,000 to P3,000,000

REQUIREMENTS

  1. BMI Depositor

  2. Valid ID and TIN

  3. Proof of sources of income

  4. Barangay Clearance

  5. NBI or Court Clearance ( or Police Clearance for Paracelis and Conner Clients)

  6. Collateral (e-copy and original copy of title, current realty tax, sketch
    plan with vicinity map)

a. Vendor - Loan from P20,000 to P50,000
b. Micro - Loan from P50,000 to P3,000,000
c. Small - Loan from P100,000 to P10,000,000
d. Medium - Loan from P500,000 to P25,000,000

REQUIREMENTS:

  1. BMI Depositor

  2. Barangay Clearance, TIN, and Valid ID

  3. NBI or Court Clearance ( or Police Clearance for Paracelis and Conner Clients)

  4. Business Permits (DTI registration, Mayor's permit, Other permits)

  5. Bank Statement for the last 3 months (for more than P500,000 loan)

  6. Financial Statement (For more than P3,000,000 loan, submit Audited
    Financial Statement)

  7. Collateral (ecopy & original copy of title, current realty tax, sketch
    plan w/ vicinity map)

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