SSS Pensioner Loan Facility is the Bank’s credit facility for SSS depositors. Existing SSS Pensioners with Rang-ay Bank savings account are qualified for this loan facility. Because Rang-ay understands the need of its pensioners, the bank’s longest term offers them lowest interest rate.
Eligible Borrowers
- SSS Pensioners who are currently receiving pension through their savings account with Rang-ay Bank
Purpose of Loan
- For medication, hospitalization or emergency needs
- For educational or family use; or
- For home renovation or other personal use
Amount of Loan
- Maximum amount of P250,000
Term of Loan
- Maximum term of two (2) years in equal monthly amortizations
Collateral
- No Collateral Required
Requirements
- Latest 2×2 ID Picture of principal borrower & co-borrower
- Rang-ay Bank SSS Pension Savings Account Passbook
- Spouse to co sign. In the absence of spouse, one (1) co-maker who is gainfully employed to co-sign
- Photocopy of Valid IDs of principal Borrower & co-maker