Motorcycle Loan

Members with good credit history needing transportation

Finance your motorcycle purchase. ₱50K–₱200K with the motorcycle as collateral.

Interest Rate

19% per annum

Max Amount

₱200,000

Max Term

36 months

Security

Motorcycle (chattel mortgage)

Key Features

✓19% per annum interest
✓₱50,000–₱200,000 loanable
✓1–3 year term
✓Motorcycle as collateral
✓₱5K–₱10K downpayment

About This Service

A loan product for members who need to purchase a motorcycle for personal or business use. The motorcycle itself serves as collateral. Requires a downpayment and supports monthly or weekly payment schedules.

Documentary Requirements

Please prepare the following documents and submit them at the PMPC office:

Required

Application Form

Signed loan application form

Required

Promissory Note

Signed promissory note

Required

Barangay Clearance

Recent barangay clearance

Required

Community Tax Certificate

Current CTC (cedula)

Required

2x2 Photo

Recent 2x2 ID photo

Required

Government ID

Valid government-issued ID

Required

Driver's License

Valid driver's license

Required

Passbook

PMPC savings passbook

Estimate Your Payments

Use our loan calculator to see your monthly payment, total interest, and fee deductions.

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