Georgia

Motorcycle Loan

Motorcycle Loan

Motorcycle Loan can avail by all qualified members with no  derogatory record.

  • Loan Bracket: P40,000.00 to P150,000.00(Equivalent to the selling price of the motorcycle unit minus downpayment. Including loan charges, maximum loan amount might reach P174,000.00)
  • Maximum Term: 36 months
  • Mode of Payment: Monthly, Semi-Monthly, Weekly or Daily
  • Motorbike Brands Options: Yamaha. Honda, Suzuki, Kawasaki

Documentary Requirements

For members with local employment:

  • Duly filled-out and signed info sheet and loan application form;
  • Latest two (2) month-payslip or Certificate of Employment;
  • Photocopy of one (1) government-issued ID;
  • One (1) proof of billing address; and 
  • Proof of income of spouse/partner (if any)

For members who are self-employed/entrepreneurs:

  • Duly filled-out and signed infor sheet and loan application form;
  • Proof of income (3 months transactions listing);
  • Business Permit (from the Barangay or the LGU concerned);
  • Photocopy of one (1) government-issued ID;
  • One (1) proof of billing address; and 
  • Proof of income of spouse/partner (if any)

For OFWs;:

  • Duly filled-out and signed infor sheet and loan application form;
  • Employment contract;
  • 3 months' proof of remittance;
  • Photocopy of one (1) government-issued ID;
  • One (1) proof of billing address; and 
  • Proof of income of spouse/partner (if any)