News


Extension of Covid Response Loan Program

Covid Response Loan Program Our Covid Response Loan (CRL) program has been extended up to December 31, 2022. All individual Members who have been actively contributing their share to the Fund may apply. Existing borrowers may renew their loan up to 70% of their latest AV following the reduced effective interest rate of:

Type of Loan

Annual

Interest Rate

Amortization Period

Amount

Service Fee

MPL

3%

12 -24 months

up to max of P50,000

1% of Loan Amount

 

3%

12 Months

 

 

 E-MPL

4%

24 Months

P50,001 up to P200,000

1% of Loan Amount

 

5%

36 Months

 

 

 

3%

12 Months

 

 

MPL Plus

4%

24 Months

P200,001 up to 70% of the EE AV

1% of Loan Amount

 

5%

36, 48 or 60 Months

 

 

IMPORTANT NOTE: Loan applications must be received by November 30, 2022*

*Applications received by this date with incomplete requirements, will no longer be accommodated under the CRL program extension.

 

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ANNOUNCEMENT

PERAA's 50th Founding Anniversary and 42nd Annual Meeting

September 02, 2022, Friday

at CONRAD MANILA, Seaside Boulevard, Coral Way, Pasay CIty


New 8-Digit Trunkline

  (02) 8817-4531

            starting October 6, 2019


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