KINDS OF LOANS | DRBI BENCHMARK LIMIT ON AGGREGATE LOANS | LENDING RATES (diminishing) | PROCESSING FEES | MAXIMUM LOAN TERMS |
|---|---|---|---|---|
AGRICULTURAL LOANS
(SECURED BY REM-)
| No ceiling | 15-20 % p.a. | 5% per transaction | 30-3600 Days |
COMMERCIAL LOANS
(SECURED BY REM & AGAINST DEPOSIT)
| 30 per cent of Total Loans Portfolio | 12% p.a hold out against deposit
12-18%p.a. on a case to case basis
| 1-5% per transaction | 30-360 Days (one year ) to
3600 days (10 years)
|
INDUSTRIAL/SME’S
(SECURED BY REM)
| 30 percent of Total Loans Portfolio | Ranging from 12 to 18% p.a (on a case to case basis) | 4-5% per transaction. |
30-360 Days (one year ) to
3600 days (10 years)
|
HOUSING
(SECURED BY REM)
| 30 percent of Total Loans Portfolio | 12- to 18%p.a. (on a case to case basis) | 3-5% per transaction | 360- 5,400 days (one year to 15yrs) |
OTHER LOANS (Unsecured-Salary, OFW, Pension Loans) | 30 percent of Total Loans Portfolio | 2.5%per month | 5% per transaction | 30-1080 Days |
Rates are subject to change depending
upon the market rates
| ||||
MANAGER | PRESIDENT | CREDIT COMMITTEE | BOARD OF DIRECTORS | |
LENDING AUTHORITIES | P10,000.00-P500,000.00 | P500,001.00-P1,000,000.00 |
*Evaluate & confirm loans granted by Manager & President’s level
*Evaluate & recommends to BOD loans above P1.0M
| P1,000,001.00 –UP |
