OFFICE OF THE PRESIDENT • REPUBLIC OF THE PHILIPPINES
QUICKNEWS
     
  Rural Bank of Pagbilao
Contact person:
Mr. Don Martin Glorioso
(042) 793-0084
     

Background

RBP is based in the Municipality of Pagbilao, Quezon Province and was incorporated in 1964. The bank is headed by Senen D. Glorioso, a respected businessman and concurrent chairman of SJG Development Inc., an investment and real estate company. The bank’s products and services are traditional deposits such as savings deposits, time deposits, special deposits and demand deposits. RBP also offers various types of loans such as housing, commercial, agricultural and personal loans.

RBP has 3 branches in Pagbilao, Quezon and another in Lucena City.

 

Guidelines for Housing Loan

As to purpose

  1. Purchase of vacant lot, house and lot and RBP’s acquired residential real properties;
  2. House construction;
  3. Purchase of lot and house construction; and
  4. Renovation / expansion.

Borrower’s Eligibility

  1. Not more than 64 years old upon loan maturity;
  2. Filipino citizen and resident of the Philippines; and
  3. Must be employed or engaged in business.

Loan Limit

         60% of appraised value of real estate to be financed and offered as
         collateral

Security

             1st Real Estate Mortgage on the property to be financed

Term of the loan

5 to 15 years

Branches

   
RBPI Center Building, Maharlikha Hi-way
(CM Recto St.),
Pagbilao, Quezon
Public Market Branch
Glorioso St. Public Market, Brgy. Daungan,
Pagbilao, Quezon
   
Tambak Branch
J.P. Rizal ST.
Brgy. Tambak, Pagbilao, Quezon
Lucena Branch
Red-V Brgy. Ibabang Dupay
Lucena City
   

 

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