With our finger on the pulse of the provincial communities, we at Bangko Mabuhay offer products and services that meet the needs of our provincemates.
Deposit
Regular Savings Deposit
Minimum initial deposit – P 500.00
Credited to savings every end of quarter
Special Savings Deposit
Minimum initial deposit - P 10,000.00
Holding period - 30 days to 1 year (may be pre-terminated at the option of the depositor)
Demand Deposit
Required maintaining balance - P 5,000.00
Checking account clearing through Land Bank of the Philippines (LBP), included in Metro Manila Clearing.
Loans
Basic Requirements:
- Individuals applying for a loan must be 23 to 59 years of age.
- Juridical persons such as corporation or partnership, etc. must present Board Resolution authorizing application to loan.
Real Estate Mortgage Loan
Term loan
Secured by real estate
Amortized monthly or quarterly
Payable from 1 to 3 years
Bills Discounted
Short-term loan
Payable up to six months
Interest deducted from loan proceeds, paid in lump sum upon maturity
Credit Line
Short-term loan with a maximum period of 6 months
Borrower must open checking account with the bank that will fund checking account up to
the credit line limit.
Only the availments from the credit line will be subject to interest per month.
Unsecured
Salary Loan
Unsecured loan for public and private school teachers, government employees
May borrow up to 3 times the net take-home pay
Payable semi-monthly or monthly
With term from 1 to 2 years
Co-maker required
Interest rate subject to account evaluation
Microfinance Loan
For micro-entrepreneurs
Individual Loans
For individuals into micro-business.
Loan amount ranges from P 5,000 - P 100,000
Payable weekly for 4 to 6 months
Loan for P 25,000 and below requires co-maker, above P 25,000 must be backed by chattel as collateral
Grameen
For group loans, individuals organized as a group, with members into micro-business.
Each member eligible for loan starting at P5,000
Payable weekly for 26 weeks
Interest rate subject to account evaluation
Members are co-guarantors for the loan granted to the group.
Other Secured Loans
Hold-out Loan
Secured by deposit with the Bank
Interest rate subject to account evaluation
Chattel Mortgage
For individuals into micro-business.
Loan amount ranges from P 5,000 - P 100,000
Payable weekly for 4 to 6 months
Loan for P 25,000 and below requires co-maker, above P 25,000 must be backed by chattel as collateral.
Other Services
Collection agent of CIS Bayad Center, Inc. – for Meralco bills, PLDT, Globe, etc.
G-Cash pay-out and cash in outlet, money remittance service by texting (SMS) through Globe communication facilities.
Pay-out agent of Uniteller Filipino, Inc., an inward money remittance from the U.S. through the internet.
One who is a member of the community will always be a part of it – wherever he may be. This is Bangko Mabuhay’s philosophy. This is why, the Bank provides services to OFWs and their families in the Philippines to help ease the burden of being away from each other.
Uniteller – Money Remittance Service
Bangko Mabuhay serves as pay-out agent of Uniteller for inward money remittance from the United States, Canada, Israel, Saipan, Guam and Hongkong. The utilized technology of the Bank enables remittances from various parts of the world to reach beneficiaries instantly.
Remittance Process
- Sender contacts Uniteller in his/her current location.
Countries USA Canada Guam Saipan Hong Kong Singapore Israel
- Sender goes to nearest Uniteller outlet.
- Sender is given a specified call time to contact relative in the Philippines to relay the 10-digit folio number and amount of remittance.
- Beneficiary proceeds to the nearest Bangko Mabuhay branch, gives the 10-digit number and presents identification card to the authorized bank representative.
- Bank representative obtains 10-digit folio number to be used to access remittance details via the internet.
- Bangko Mabuhay pays to the beneficiary in Philippine Peso (PhP) or US Dollar (US$) currency as per instruction of the sender.
In the Philippines, Uniteller may be reached through:
Telephone numbers: (632) 626-46-11 to 13 or (632) 910-52-51
Toll Free: 1-800-1-888-4611 (for provincial callers using PLDT line)
Direct Line: (632) 634-48-20
FAX: (632) 636-46-13
Email: UFI@uniteller.com
Website: www.uniteller.com
Back to top