Loans

Exclusive to UPPF members

OUR LOAN PRODUCTS

Personal Equity Loan (PEL)

Simple requirements and quick processing

  • 12% interest p.a. for loans up to 3 years
  • Loan proceeds released in less than a week
  • Basic Requirement: 2 months most recent UP payslip

Re-Loan (RL)

Get additional loan even if your PEL is not yet fully paid

  • Be able to re-loan after paying a minimum of three (3) months’ PEL amortization
  • Loan proceeds released in less than a week
  • 12% interest p.a. for loans up to 3 years

Remote Learning Support (RLS) Loan

Zero-interest (0%) computer loan

  • No interest charged to the borrower, since this is a benefit given to UP employees with the goal of assisting them regarding their computer, gadget, and connectivity requirements in light of the COVID-19 pandemic
  • Basic Requirements: RLS Loan Info Slip, Agreement and Authorization to Deduct, 2 months most recent UP payslip, Proof of bank account, Valid proof of purchase

Balance Transfer Loan (BTL)

Transfer your existing bank loan and get monthly cash savings

  • Instant 2% reduction on the interest rate of your existing housing, car, GSIS, Pag-IBIG, or any bank loan
  • Loan proceeds released in less than a week
  • Basic Requirements: 2 months most recent UP payslip and official Statement of Account from the bank about your loan

Bridge Loan (BL)

Be able to borrow even if net pay can't anymore cover amortization

  • 8% interest for a 1-year loan
  • Borrow up to P20,000 or remaining loanable equity, whichever is lower
  • Loan proceeds released in less than a week
  • Basic Requirement: 2 months most recent UP payslip

Emergency Loan (EML)

Borrow even with existing Bridge Loan (BL)

  • 9% interest for a 1-year loan
  • Borrow up to P10,000 or remaining loanable equity, whichever is lower
  • Loan proceeds released in less than a week
  • Basic Requirement: 2 months most recent UP payslip

Co-Borrower Loan (CBL)

Loan up to P100,000 maximum with 2 co-borrowers

  • 16% interest for per annum
  • With Co-borrower's documents you can loan up to P100,000 can be paid for 3 years
  • Can re-loan after paying the equivalent of 6 months amortization