Citsystate Savings Bank offers various loan packages with LOW interest rates. We assure our customers fast processing time by our professional and qualified loan specialists. We work closely with you in choosing the proper financing package suitable to your individual needs and circumstances we want to make borrowing, quick and easy on your budget.

TRUCK LOAN
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  • Purchase a brand new vehicle of your choice at affordable terms and payment options with fast approval time.
Features and Benefits
  • Minimum downpayment: 30% of the price of the vehicle
  • Flexible terms from 1 year up to maximum of 3 years
  • Fast approval time
  • Low interest rates
  • Flexible and convenient payment terms

Commercial / Business Loan
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Businesses need the opportunity to grow and Citystate Savings Bank offer loan packages suitable to your every need. Whether you need additional working capital or have seasonal cash requirements, our business loans provide the kind of payment terms and flexibility you are looking for.

Check Documentary and Collateral Requirements

  • Extended to corporate or small and medium enterprises for working capital or other business requirements.
  • Loan terms vary depending on the borrower’s financial requirements – Credit Lines (short term) or Term Loans (medium term loans).

Features and Benefits

  • Flexible terms depending on your requirements
  • High appraisal value of collaterals
  • Fast processing time
  • Low interest rates
  • Flexible and convenient payment terms
  • Automatic debit options
  • Must be secured by acceptable collateral (Real Estate Property/ies)

Jewerly Banking Facility
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Loan using your precious gold jewelries and diamonds as collaterals. Use the money exchanged with your jewelry to pay for credit card balances, personal loans, tuition or immediate house repairs.

Exchange your diamonds and gold jewelry into CASH.

Features and Benefits

  • Low interest rate at 2% per month, no penalty charges within rhe 120 day contract
  • Short term contract or you can choose a flexible terms up to 12 months
  • Fast processing - ready cash in minutes uppon appraisal of our expert Jewelry appraisers
  • Ready cash in minutes upon inspection of our trained jewelry appraisers
  • No guarantor needed
  • High appraisal of your jewelry
  • Transactions are private and confidential
  • Your jewelry protected by our bank’s security system
  • Process renewal via auto debit arrangement
  • Facilitate take-out loan
  • Conduct onsite appraisal (by Appointment)

Requirements

  • 1 valid ID
  • Proof of income or other source of income documents

Housing Loan
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  • Acquisition of real estate property for residential purposes, i.e., purchase of lot or house and lot or for house construction, expansion or improvement
  • Refinancing of similar loans and mortgages – REM take out from other banks or financing companies

TERM OF LOAN

Purpose Maximum Term of Loan
Purchase of Lot ALC max of 10 years
House Construction ALC max of 10 years
Purchase of house and lot ALC max of 10 years
Loan take-out ALC max of 10 years

LOANABLE AMOUNT

Minimum of Php500,000.00
Maximum:
80% of the contract price (from accredited developer)
70% of the appraised value (direct loav applicant)

ACCREDITED DEVELOPERS

To date, the Bank has accredited the following developers for the End-User Financing Program:

  • Citystate Properties and Management Corporation
  • Sta. Lucia Realty & Development, Inc.
  • Sta. Lucia Land Inc.
  • V.V. Soliven Group of Companies
  • New San Jose Builders, Inc.
  • My Citihomes
  • RCD Land, Inc.
  • Calmarland
  • Carlstel Corporation
  • El Reyno Homes, Inc.
  • East Point

  • Int'l Silverwings & Investment Inc.
  • Silverstar Homebuilders Inc.
  • Winning Homes Realty & Development Corp.
  • R.H Digos Designworks & Const.
  • Endura Land Develompent Corp.
  • R.J. Lhinet Development Corp.
  • Homestar Properties & Development Inc.
  • 1988 Development Corp.
  • La Mar Realty & Development Inc.
  • Phoenix Land Corp.
  • Community Creators, Inc. (Formerly Landworks Asia Inc.)

Salary Loan
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Salary Loan Via Company Accreditation

  • LOANABLE AMOUNT – Maximum of 3x Gross Monthly Salary
  • TERM OF LOAN
    • Minimum term: 12 months
    • Maximum term: 36 months

LOANS SECURED BY DEPOSIT (Back to Back Loan)
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This is a multipurpose short term loan in Citystate Savings Bank granted to borrowers with existing deposits/placements Citystate Savings Bank, which is used as collateral for personal or business loan purposes.

  • Any Depositor of the Bank who is willing to offer his/her deposits/placements as collateral for the loan applied for Amount of loan shall have a maximum loanable value of 85% of the deposit used as collateral

BILLS PURCHASED
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Immediate credit of checks for local or regional clearing deposited to borrower’s account with the bank. The proceeds become readily available without having to wait for the prescribed normal clearing period for local or regional clearing.

Features and Benefits
  • Instant credit of checks to the depositors account.

Truth and Transparency in Lending Enhanced Implementation of the Truth in Lending Act (Republic Act 3765)

The State protects its citizen from a lack of awareness of the true cost of credit to the customer by assuring a full disclosure of such cost and other terms and conditions with a view of preventing the uninformed use of credit.

As such, a disclosure statement is a required attachment to the loan contract. It shall include, at a minimum, the following information:

  1. Credit Transaction Amount
  2. Other Bank Charges/Deductions Collected
  3. Net Proceeds of Credit Transaction
  4. Schedule of Payments
  5. Effective Interest Rate (Interest and Other Charges)
  6. Conditional Charges that may be Imposed
Format of Disclosure Statement on Small Business/Retail/Consumer Credit – Scanned format

LOAN APPLICATION FORM
REM – APPLICATION