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Constitutional Loan

Loan offered to cooperative affiliates engaged in agriculture, marketing, processing, distribution, low-cost housing and other activities sanctioned by the Cooperative Code of the Philippines and other government agencies.

This loan product has the following salient features:

  • Can be accessed by individuals and farmers’ cooperatives;

  • Loan amount is Up to the extent of the cooperative share capital with the Bank and/or loanable value of the offered collateral;

  • Loan term is depends on the cycle of the agricultural activity;

  • Payment may either be installment or lump sum;

  • Loan can be unsecured or secured, secured loans covered by Real Estate Mortgage (REM) and Chattel Mortgage (CHM); and

  • Interest rate on loan is comparatively low.

Documents Needed

PRINCIPAL BORROWER

  • Filled out Bank forms
  • 2 pcs 2×2 ID picture
  • 1 valid ID
  • Proof of Residence
  • Barangay Clearance
  • Certification of the Barangay Captain / Municipal Agricultural Officer/Chairperson of the cooperative as to the land area cultivated.

CO-MAKER

  • 1 valid ID
  • Barangay Clearance
  • Proof of Residence
  • Proof of Income

HOW TO APPLY:

  1. Complete the document and application that are needed with the requirements of your co-maker
  2. Wait  for the bank information for your schedule of CI/BI.
  3. The bank will update you on the status about your loan application.
Apply Now
Data Privacy Notice

Cooperative Bank of Cagayan. (or hereinafter referred to as “The Bank”) is committed to the proper handling and safeguarding of your personal data. We value you as a data subject and assure you that the Bank protects and respects your privacy, personal data and your rights as a data subject.

This Data Privacy Notice tells you how the Bank collects your personal data through this website and how we will process it in the course of your business with us in compliance with the requirements of the Data Privacy Act of 2012.

DATA WE COLLECT AND HOW WE USE IT

Data that we collect are limited to what will allow us to properly respond to your queries and initially validate your identity to avail of the Bank’s products and services. In order for us to do this, we will collect the following information from you:

1. Personal Details:
Name
Address
Mobile Number
Date of Birth

2. Employment Details/Business Information:
Name of Employer/Name of Business
Employer’s Address/Business Address
Employment Tenure/Years in Business

3. Loan/Deposit Product Applied For

4. Available valid ID and the corresponding ID number

DATA RETENTION

Records of your inquiries with us are kept only for a period of five (5) years afterward the said records are destroyed and disposed of. We will only keep records of your inquiries/submitted information beyond our stated retention period if we are bound to do so under circumstances covering legal obligations or compliance with regulatory agencies, laws, or as required by police authorities.

By clicking “I agree” in this letter, you signify your consent to the general use and sharing of your personal information in accordance with the terms of this letter.

I Agree