List of PNB Savings Loan Interest Rates Under Multi-Purpose Loan Offer
PNB SAVINGS LOAN INTEREST RATES – Here is a full list of the interest rates implemented under PNB Savings Bank’s Multi-Purpose Loan offer.
Most giant banks in the Philippines got subsidiary banks. One of them is the Philippines National Bank or more commonly called as PNB.
The subsidiary bank of said giant banking company is the PNB Savings Bank. It got different offers to the public including different accounts and as well as loan offers
With regards to its loans, the PNB Savings Bank has this offer that encompasses a variety of purposes. It is the PNB Multi-Purpose Loan.
The PNB Multi-Purpose Loan is open for the employees of the accredited companies of the PNB Savings Bank. You may apply for it to fund an event, make a big purchase, pay for the utility bills, etc.
With regards to the PNB Savings Loan Interest Rates implemented under the Multi-Purpose Loan offer, here is a list of them:
PNB Savings Bank Interest Rates
- 6-Month Term – 4.72% Interest
- 12-Month Term – 8.88% Interest
- 18-Month Term – 13.14% Interest
- 24-Month Term – 17.51% Interest
If your company is not yet accredited under the PNB Savings Bank and you wanted to apply for its accreditation, here is a list of what you need to prepare:
- Company Profile
- SEC or DTI Registration, Articles of Incorporation, By-Laws and updated General Information Sheet
- Business Permit
- BIR-stamped Audited Financial Statements and Income Tax Returns for the past three (3) years
- A Board Resolution (for corporations) or Resolution of Partners (for partnerships) authorizing the:
- Application for accreditation under the Multi-Purpose Loan Program and,
- Execution of the Memorandum of Agreement (MOA)
- Signature card containing the specimen signature of the company’s authorized signatories to all documents pertaining to MPL
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