Flexible and reliable loans for all your needs
Here is the list of our loans and services:
01
Agriculture Loan
Our Agricultural Loan Program is designed specifically with your cultivation needs in mind.
Features
Competitive Interest Rate
Faster Loan Processing
Flexible Repayment Term
Available for Long-term
Who are Eligible to Apply?
- Any Filipino citizen
- Must be at least twenty-one (21) years of age
- Organizations, associations, or cooperatives that engaged in agricultural activities
02
Business Loan
Our Business Loan is designed to help you achieve your goals.
Features
Competitive Interest Rate
Faster Loan Processing
Flexible Repayment Term
Available for Long-term
Who are Eligible to Apply?
- Any Filipino citizen
- Must be at least twenty-one (21) years of age
- Corporations, Partnerships, Single Proprietorships, Cooperatives and other profit-oriented organizations organized and existing under the Philippine laws
03
Salary Loan
Our Corporate Salary Loan Program is designed to facilitate the financial needs of the employees.
Features
Maximum loan amount
Php 20,000
Maximum repayment term
One year with semi-monthly salary deductions
Annual interest rate
19%
Fixed processing fee
5% (DST and notarial)
Co-maker
Requires a qualified co-worker
Processing time
Within 5-7 banking days upon receipt of completed documents by SG Bank
Take home pay
Must not fall below 20% of the employee’s gross pay after all deductions
Who are Eligible to Apply?
- All regular and qualified employees (at least one year in the service)
- At least 21 years old at the time of the application and not more than 60 years old upon loan maturity
- Employees can avail both salary loan and emergency loan together (no existing loans of the same type)
- Have a 20% or more Take Home Pay to Gross Salary Percentage after all deduction
Application Process
Step 1
- Obtain the application form from the HR.
- Submit the signed application form attached with company & other valid ID.
Step 2
- HR will notify SG Bank to collect the accomplished documentary requirements
- Wait for 5 days for salary loan approval
Step 3
- Once approved, SG Bank will send notification to collect the loan proceeds to SG Bank.
