OFFICE OF THE PRESIDENT • REPUBLIC OF THE PHILIPPINES
QUICKNEWS
     
  The Rural Bank of Porac, Inc.Branches:
Magalang, Angeles City, Balibago, Arayat, Mabalacat, Mexico, Dolores, Florida Blanca, Sto. Rosario and Plaridel

Contact person:
Lourdes Connie C. Tayag
President
(045)624-6177
     

Background

The Rural Bank of Porac (Pampanga), Inc. was incorporated on November 12, 1968. It established Manibaug Savings Agency in 1976 to service and accommodates the growing number of depositors. Since then, the bank has expanded its branches and continues to service a wider market in its areas of operations.

 

Features/Requirements for Housing Loan

Eligibility of Borrowers

  • Any person of legal age;
  • Any single proprietorship, partnership, corporation, association or other forms of organization duly registered with the supervising agencies concerned.

Loan Purpose

  • Purchase of residential property
  • Home improvement
  • Land development

Maximum Loan-to Appraised Value
(LTV) Ratio

             70% of the appraised value

Loan Amount

             P3,000,000.00 and below

Loan Term

             5 to 15 years

Areas of Coverage

  • Within Pampanga and nearby Province
  • Areas outside area of operations on a case-to-case basis

 

 

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