Rural Bank of Guinobatan, Inc. rural-bank-of-guinobatan-logo

June 29, 2022 | 8:34 AM
Philippine Standard Time

Loans

Barangay Officials Loan Assistance (BOLA)

A personal loan extended to qualified Barangay Officials.

Loan Purpose

  • Financial Assistance for startup and additional capital for Micro Business
  • To Finance livelihood projects to augment financial needs

Term and Conditions

  • Maximum Loan Term – 3 years
  • Maximum Loanable Amount – P 500,000.00

 

I-CARE

Individual Credit with Automated Repayments (I-CARE) is a personal loan extended to regular employees with automated payroll

Purpose of Loan

  • Financial access to employees to supplement financial needs through livelihood activities.
  • To support the financial needs of the borrower wherein the security is the client’s salary and ATMs

Terms and Condition

  • Maximum Term Loan – 2 years
  • Maximum Loanable Amount – P 300,000.00

 

Real Estate Loan (REM)

Loans secured by real property such as land, building, and other structures supported by with a contract (REM) where the borrower secures the fulfillment of the obligation by legally recognizing the banks as having preferential right over a specific real estate property

Purpose of Loan

  • For building construction and land development
  • To finance purchase of land, family homes, apartments and other multifamily structures, commercial structure and others

Terms and Conditions

  • Maximum Loan Term – 10 years
  • Maximum Loanable Amount – P 5,000,000.00

 

Motor Vehicle Loan (MOVE)

Chattel mortgage financing for individual or corporation who intends to purchase brand new or surplus vehicles.

Purpose of Loan

  • To provide financial facility to any qualified individual or business entity who are interested in acquiring brand new motor vehicle.

Terms and Conditions

  • Maximum Loan Term – 5 years
  • Maximum Loanable Amount – P 1,500,000.00

 

Jewelry Loan

Type of loan using jewelry as collateral

Purpose of Loan

  • To provide a fast and easy loan option for clients to sustain their financial needs.

Terms and Conditions

  • Terms of Loan
    • 1 Month Term
    • 3 Months Redemption
Announcements:
   TO ALL ASENSO MOBILE APP USERS: Please be informed that ASENSO Mobile App has an ongoing emergency maintenance today until further notice. During this time, all users will be prevented from using the app and we apologize for the inconvenience it has caused. Thank you.    IMMEDIATE HIRING! Bank Tellers. Qualifications: Computer Literate | Should have a customer-focused attitude. | Exceptional time management, communication, and customer service skills. | Must be a resident in the Province of Sorsogon.   IMMEDIATE HIRING! Account Officers. Qualifications: With strong interpersonal skills. | Able to work well within a team. | Physically fit to handle the demands of the job (fieldwork). | Willing to be assigned anywhere in Bicol Region.