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Supplemental Loan

    Supplemental LoanThis loan may be availed by the members to help them meet other financial needs
    Maximum Loanable Amount₱250,000.00
    Interest Rate8% per annum
    Maximum Term3 years
      Required Minimum Take Home Pay (THP)  At least 40% of salary (Active Employee)
    Approval from Meralco Payroll (Pensioner)
    Subject for Company Policy (Subsidiaries and Affiliates)
    RequirementsAccomplished MEMABA Loan Application Form certified by G-3 head

    Computation of Take Home Pay (THP)

    Co-maker (same pay grade level or higher)
      Notes:  Loan renewal will only be allowed if he has paid at least 50% of the outstanding loan.