Guidelines in Personal Loan Program (JG Companies)

Purpose

 Personal consumption
 Emergency
 Hospitalization
 Tuition fee & other school expenses
 Travel
 Occasions
 Purchase of appliances & gadgets
 House renovation or repair

Tenure qualification
Officers (Managers & up)- At least 1-year tenure from the company
Non-officers (Rank & File)- at least 1 year & 6 months tenure from
the company

Co Maker Requirement
Officers (Managers & up)- Not required for tenure of 1 year.
Non-officers (Rank & File)- Required for borrowers with below 2 years tenure from the company. Co
maker should be at least 2 years tenured from the company.

Age
Minimum-21-year-old
Maximum-at least 60-year-old before maturity of loan

Application Forms (Original Copy)

Data sheet
- on standard size & font
Promissory Note
 4 copies with borrower’s printed name & signature only, if with co maker, his/her printed name
& signatures also.
 Print on standard size & font(long, don’t stretch or shrink to fit upon printing).
Insurance Form
Benlife-2 copies, for any account
Cocolife Insurance -(2 copies w/ same serial nos.)

*Additional requirements for on flight employees & attached Insurance form on application is cocolife:
Aviation questionnaire (Cebu Pacific, CEBGO, etc.)

Requirements (clear & readable copy)

 1 month most recent consecutive pay slips
 Front & back copy of company ID w/ borrower’s 3 specimen signatures same as signatures
appeared on said ID.
 Front & back copy of borrower’s government issued ID w/ 3 specimen signatures same as
signatures appeared on said ID.
 Full page copy of most recent ITR (2316) with employer & employee signatures.
 Others as may be required after evaluation of application for.
 Email or letter of confirmation that all signatures of borrowers from submitted applications and
documents are verified by HR as their signatures.
Note: Signatures and Details on requirements should match on
details provided on the applications such as ID’s, pay slips, ITR, etc.

Net Pay Requirement

At least 5K per month (Overtime to be considered only if it is
regular).
Additional requirement
3 mos. Consecutive pay slips with OT

Loan Amount
Minimum 20,000
Maximum 1M

Term
6, 12, 18, 24 & 36 months
Note: Loan amount & term would still be based on final approval after evaluation of application

Rate
.80% per month
Process: 3 banking days upon receipt of application form with complete requirements & details

Guidelines in Appliance Loan Program (JG Companies)

Purpose

 Personal consumption
 Emergency
 Hospitalization
 Tuition fee & other school expenses
 Travel
 Occasions
 Purchase of appliance & gadgets
 House renovation or repair

Tenure qualification
Officers (Managers & up)- At least 1-year tenure from the company
Non-officers (Rank & File)- at least 1 year & 6 months tenure from the company

Co Maker Requirement
Officers (Managers & up)- Not required for tenure of 1 year.
Non-officers (Rank & File)- Required for borrowers with below 2 years tenure from the company. Co
maker should be at least 2 years tenured from the company.

Age
Minimum-21-year-old
Maximum-at least 60-year-old before maturity of loan

Application Forms (Original Copy)

Data sheet
- on standard size & font
Promissory Note
 4 copies with borrower’s printed name & signature only, if with co maker, his/her printed name
& signatures also.
 Print on standard size & font(long, don’t stretch or shrink to fit upon printing).
Insurance Form
Benlife-2 copies, for any account
Cocolife Insurance -(2 copies w/ same serial nos.)
Additional requirements for on flight employees & attached Insurance form on application is cocolife:
Aviation questionnaire (Cebu Pacific, CEBGO, etc.)

Requirements (clear & readable copy)

 1month most recent pay slips
 Front & back copy of company ID w/ borrower’s 3 specimen signatures same as signatures on
ID’s
 Front & back copy of borrower’s government issued ID w/ 3 specimen signatures same as
signatures on ID’s
 Full page copy of most recent ITR (2316) with employer & employee signatures
 Signed quotation from Robinsons Appliance Store (details should match on RA monitoring List)
 Others as may be required after evaluation of application form
 Email or letter of confirmation that all signatures of borrowers from submitted applications and
documents are verified by HR as their signatures.
Note: Signatures and Details on requirements should match on details provided on the applications
such as ID’s, pay slips, ITR, etc.

Net Pay Requirement

At least 7K per month (Overtime to be considered only if it is regular).
Additional requirement
3 mos. Consecutive pay slips with OT

Loan Amount
Minimum 10,000
Maximum 300K

Term & Rate

3 mos. 1% per month
6 mos. 9 mos. 12 mos. 18 mos. & 24 mos. .80% per month
Note:
Loan amount & term would still be based on final approval after evaluation of application

Process
3 banking days upon receipt of application form with complete requirements & details