We are pleased to inform you that the Board of Trustees of MESALA, in its regular meeting held on 19 January 2026, has approved the launching of a Quick Cash Loan Facility which shall be offered to primary member-employees effective 01 February 2026 for a limited time only.
This facility is designed to address urgent funding requirements of member-employees thus shall not be covered both by the corporate guarantee and co-maker.
Loan Features:
- Maximum Loanable Amount: Php30,000 or one (1) month salary, whichever is higher, subject to THP requirement.
- Term: One (1) to twelve (12) months
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Interest Rate: 11% per annum, computed based on the diminishing balance of the loan
- Mode of Payment: strictly Payroll deduction
Documentary Requirements:
- Net take-home pay must be at least 30% – may be adjusted depending on the corporate member’s internal guidelines;
- One (1) month pay slip – must be issued within the last six (6) months and may be waived for existing borrowers whose loans were obtained not later than 6 mos.; and
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Duly accomplished Loan Application Form and Loan Agreement
APPLY NOW!
