DEPOSITS

LOANS
   easy pabahay loan
   auto loan
   personal loan
   executive loan
   salary loan
   back-to-back loan

Microfinance Loans
   bayanihan loan
   negosyo loan
   farmers and
         fisherfolks loan
   tricycle loan

Commercial Loans
   domestic bills purchase
   check rediscounting
   revolving credit line
   php50 million loan
        

PROPERTIES FOR SALE

easy pabahay home loan

• Fixed interest rate for as low as 9.75% p.a. for the first 5 years (exclusive for house & lot purchases)
• Flexible payment terms up to 25 years • No minimum loan amount • Also available for lot purchases, house construction / repair / major renovation

auto loan

• OMA (One-Month-Advance): 	        
   Payment of first amortization dues upon release of unit 	        
• In-Arrears: 	      
  Payment of first amortization due 30 days from the
  release of unit / loan.
  - Available for all types of brands
  - Available for brand new and used cars 
    up to 7 years old (from current year)
  - Not applicable for imported cars and if vehicle
    to be acquired is for public utility use. 	      
• Low rate, low downpayment and long term 
    (Maximum of up to 72 months)

personal loan

• As low as 1.25% per month interest rate
• Get a loan of up to P200,000.00
• Maximum of two (2) years term to pay
• Free Mortgage Redemption Insurance
• Three (3) working days processing
• No service charge

executive loan

• As low as 18% per annum interest rate
  (based on diminishing balance) 	        
• Minimum loan amount of P100,000.00 	      
• Maximum loan amount of P1,000,000.00 	      
   • Maximum of two (2) years term to pay

___________________________________________________________________

salary loan

• A non-collateral consumer loan accommodation granted 
  to individual/s payable in the form of post-dated 
  checks or salary deduction as covered by a
  Memorandum of Agreement (MOA). 
  Availments are mainly based on character
• Minimum of ten thousand (P10,000.00) loanable amount 
  and a maximum of one hundred thousand pesos 
  (P100,000.00)
• Three percent (3%) per month or thirty-six percent (36%) 
   per annum interest rate

• A kind of loan covered against the client’s savings 
  deposit and / or time placement via a holdout notice 
   to secure the fulfillment of a principal obligation
• The loanable amount is not more than ninety percent 
  (90%) of the total holdout deposit
• Seven percent (7%) spread interest rate
• Collateral requirement:  Savings Deposit Passbook / 
  Certificate of Time Deposit

bayanihan loan

hassle-free borrowing
For the smaller capital needs of vendors and household-
based entrepreneurs, the LBC Bank Bayanihan Loan offers
easy access needed assistance. It is free from the usual
hassles encountered in borrowing small amounts for
business. The documentary requirements are light and
straightforward, eliminating what many small borrowers
consider as a major obstruction in getting loans from
financial institutions.

Loans can be made for as low as P5,000.00. And with an
interest rate of as low as 2% per month and no collateral
requirement, the Bayanihan Loan is a viable option for
small capital needs in comparison with more traditional
sources, such as pawnshops. Bayanihan loans are payable
for a maximum of 100 days.

• Daily, weekly and monthly payment schemes
• Loan amounts for as low as P5,000.00
• Minimal documentary requirements
• Interest rates for as low as 2% per month

 

negosyo loan

growth for small businesses
Created for small businesses, the LBC Bank Negosyo Loan
provides that much-needed capital that is payable on very
flexible terms. Loans can be arranged for as low as
P20,000.00 and up to as much as P50,000.00. Borrowers
can choose from daily, weekly, semi-monthly, and monthly
payment schemes, offering a flexibility in payment not
usually found in other lending companies. At the same
time, it gives the borrower the freedom to use the payment
scheme that would best suit the business.

Interest rate for the Negosyo Loan is 2% per month
deducted in advance, significantly lower than what most
loan sharks charge when lending to the same kinds of
businesses. And the Negosyo Loan can be made for a
minimum term of 90 days, up to a maximum of 180 days
per loan.

 

farmers and fisherfolks loan

flexible, larger investments
Understanding the crucial functions of agriculture and
fishing on our economy, and sensing the need of
assistance by workers in these industries, LBC
Development Bank established a Farmers and Fisherfolks
Loan to provide financing for their investment-heavy
operations.

Farmers and Fisherfolks Loans are flexible and are based
on the intended usage of the borrower. For example, a
loan for additional working capital can be arranged for as
low as P10,000.00 up to a maximum of P50,000 per hectare.
A maximum amount of P100,000 may be loaned for the purchase of machinery and equipment.

tricycle loan

specialized for value
Designed to service the ever-important area of commuting
and basic travel, the LBC Bank Tricycle Loan is a window
of opportunity for anyone interested in starting their own
tricycle business. This loan has been tailored to fit the
operation of a tricycle business in more ways than one.

Aside from the capital that the Tricycle Loan provides, its
value is further increased by providing the borrower with
benefits appropriate to such a business: free compre-
hensive insurance for the first year; first month interest
free (payment to start on the second month); and free
accessories such as “tarapal”.

Tricycle Loans can be arranged for as high as P100,000.
This amount is 100% loanable at a fixed 2% add-on
interest per month. Term of payment can be arranged for
a maximum of four years.

 

domestic bills purchase

• Available via Revolving Line or One Time Availment
• Maximum Term Revolving Line of 1 year
• One TIme Availment-up to clearing date of check

 

check rediscounting

• Available via Revolving Line or One Time Availment
• Maximum amount of 80% of Check Value
• Maximum term of 1 year revolving line
• One TIme Availment-up to clearing date of check

revolving credit line

• For short-term working capital
• Up to 360-day Php Promissory Note availability
• Roll-over allowed provided that a 20% partial principal 
  payment will be made.
• 12% per annum, all-in interst rate
• Php 1,000.00 per PN minimum availment
• Monthly principal and interest payments via post-dated
  checks repayment
• Real Estate Mortgage & Continuing Suretyship Collateral
• One (1) year after approval of line expiry

php50 million loan

• To support the working capital requirement, payable
  on long-term basis
• Lumpsum / staggered releases via Php Promissory Note,
  minimum of Php 1.0 Million per drawdown
• 12% per annum, fixed for the first year subject to 
  annual repricing
• Five (5) years from date of release, renewable for 
   another five (5) years.  Prepayment is allowed, 
   minimum Php 1.0 Million.
• Monthly principal and interext amortizations via
   post-dated checks, with balloon repayment at the
   end of 5th year.
• Real Estate Mortgage & Continuing Suretyship 
• After approval, a one-time processing fee of 1/10 of
  1% credit.