Capital Contribution will earn dividend every year according to the approved rate set by the board.
All Capital Contribution Deposits in excess of the maximum limit shall automatically be deposited to this account.
All withdrawals made by authorized representatives must be supported with Valid IDs of the member and the authorized representatives.
This type of loan is in nature of a consumer loan and can be availed of by members for purposes of financing personal and household needs such as purchase of appliances and other minor purchases, payment of tuition fees, credit cards and other short term liabilities.
This type of loan can be availed of by members for purposes of funding immediate expenses related to death of a family member, hospitalization not covered by health benefits, calamity or fortuitous events, and other circumstances beyond the control of a member.
This type of loan provides qualified members higher loanable amounts and longer payment terms subject to BSP single borrower’s limit. Regular employees of Coca-Cola Beverage Group with at least four (4) years of service are qualified to avail of this type of loan.
This type of loan is also called Capital Loan as this loan attaches the Capital Contribution and Savings Deposits, if any, of the members as lien to secure the amount of loan. The loanable amount therefore, shall be based on the amount of the Capital Contribution and Savings Deposit of the member.